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

Pre-Contract Advance: 25% of the contract’s value (Including VAT) less the initial 5,000 EUR

Buying Selling Contract final Payment: By bank loan or mortgage on completion.

In Addition: 

- Buyers of the first 10 apts in the project will receive additional 6,000 EUR cash rebate which can be applied for payment of the final Buying Selling Contract, or cash on hand for general purposes.

- First time buyers will 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 Rapid Finance. 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 less additional 10% traditional buying cash discount.

Pre-Contract Advance:

Payment 1 - 25% of the contract’s value (Including VAT) less the initial reservation’s deposit of 5,000 EUR less additional 10% traditional buying cash discount.

Payment 2 – 20% of the contract’s value (Including VAT) less additional 10% traditional buying cash discount on completion of ground floor structure.

Payment 3 – 25% of the contract’s value (Including VAT) less additional 10% traditional buying cash discount on completion of structure including brick walls (Red).

Buying selling Contract Final payment: 30% of the contract’s value (Including VAT) less additional 10% traditional buying cash discount. 

In Addition: 

Buyers of the first 10 apts in the project will receive additional 6,000 EUR cash rebate which can be applied for payment of the final Buying Selling Contract, or cash on hand for general purposes.