Buyer´s guide

The Purchase Process

On a off plan property it is customary to put down between 3.000€ and 9.000€ as an initial deposit. It then normally takes between 1 and 10 days from this date until the signing of the contract which secures that you are potentially the owner of the property.

Once the contract has been signed you will be asked to pay an additional deposit of about 10%.

When you sign your contract you will see what the rest of your payment schedule will look like. It normally entails you paying for about 30% of the property over the construction period, usually done in 4- 6 payments.

Once construction has been completed you will be expected to do one of the following two things; either pay off the remainder or the money you owe on your property, or set up a mortgage in order to pay the remainder of the costs.

One last option can be to accept the mortgage that the bank have all ready set up with the constructor of the house, giving you the benefit of not having to pay any extra fees for setting up a new mortgage.

This is a standard purchase process, but not the only one we have. We can personalize the purchase process to you, so please ask.