3 Bedroom Apartment in Frenaros

Three-bedroom apartment in the community of Frenaros, Famagusta District. The property is located approximately 550 meters east of the community center and is adjacent to the Frenaros-Sotira connecting road.

It is located in an area with excellent access to amenities such as schools, supermarkets, and other services.

The apartment is located on the second floor and was built in 2008. The property consists of a living room/dining room/kitchen as an open-plan space, three bedrooms, a toilet with bathroom, and verandas.

The property has a total area of 80 sq.m. of enclosed space, 15 sq.m. of covered verandas and 8 sq.m. of uncovered verandas.

The flat is vacant, and it is suitable for private use or for rental use with a good return.

Way of Transfer: Assignment of contract

The property is being sold through an assignment of a contract of sale, pursuant to which all legal rights of the seller shall be transferred to the new buyer. You are informed that there is no title deed for the subject property, and the seller cannot guarantee that a title deed will be issued in relation to the subject property. You are advised to seek independent advice in advance in the event that the subject property will be purchased through financing, as such assets are not generally accepted by the banks as collaterals for the purpose of granting a loan.

For the subject property, no information is available regarding any accruing payments relating to the original contract of sales and/or the developer’s obligations to erect the building based on the approved drawings and/or permits which is a prerequisite for the issuance of a separate Title Deed. The seller cannot guarantee that a title deed will and/or may be issued in relation to the subject property. The seller cannot guarantee on any additional amounts that may be owed towards the seller of the subject property pursuant to the original contract of sales.