Payment terms
At first, to reserve the property you have to give 50,000€.
After that, the process is:
25%
Upon signing of private purchase contract.
(when building license has be granted)
START
25%
When construction work reaches 50%
(demonstrated with certificate from the technical architect)
5 months
25%
upon completion of enclosing, covering and exterior plastering of the property
(also demonstrated with certificate)
8 months
25%
paid on completion when public deed is signed
(and 1st occupational has been granted)
12 months
*All payments are subject to 10% Vat. All payments are secured with a bank guarantee.
