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Payment Options

Buying a new home is a huge and financially straining undertaking. The logistics of procuring the necessary financing, arranging the necessary relocation, and buying furniture might prove to be a headache of monolithic proportions. In order to alleviate and circumvent part of the uncertainty and financial pressure of this task we have come up with two simple solutions.

 

Mortgage buying

If you prefer to finance your new acquisition by a long term bank loan or mortgage, we have comprised a simple 3 phase payment terms' plan and covenants assisting you in obtaining and qualifying for the loan and paying the advance deposit required. The plan is as follows:

Reservation Deposit: 5% of the purchae price (VAT Included) at the time of the reservation form signing.

Pre-Contract Advance: 10% of the as value (Including VAT).

Buying Selling Contract final Payment: By bank loan or mortgage on completion. if prima casa loan is utilized the payment terms will me modified as necessary.

In Addition: 

- Buyers of the first 10 apts in the project will receive free parking space in our undergroung parking basement.
-
First time buyers may qualify for additional financing of the Reservation and Pre-Contract advanced deposits.

- Various mortgage and bank loans with 70% to 75% LTV for residents and non-residents are available through our Retail Finance brokers and partners. Detailed info can be found in our Financing section.

 

Traditional Buying

For those of you who prefer to pay for your acquisition by traditional means of cash on hand, we have come up with a simple 5 phase payment terms plan and covenant assuring you in our performance and benefiting you in additional discounts. The plan is as follows: 

Reservation Deposit: 5,000 EUR at the time of the reservation form signing .

Pre-Contract Advance

Payment 1
- 25% of the contract's value (Including VAT) less the initial reservation's deposit of 5,000 EUR.

Payment 2 - 20% of the contract's value (Including VAT) on completion of ground floor structure.

Payment 3 - 25% of the contract's value (Including VAT) on completion of structure including brick walls (Red).

Buying selling Contract Final payment: 30% of the contract's value (Including VAT).

In Addition:
-Buyers of the first 10 apts in the project will receive a free parking space in our underground parking basement


 

 

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