Payment
How do I pay for the unit?
An initial reservation deposit of US$10,000.00 is placed with the vendor’s attorney to secure your unit. Thereafter payments are made on a staged basis.
Stage 1: on exchange. 30% of the purchase price, less the deposit.
Stage 2: 6 months into construction. A further 30% of the purchase price
Stage 3: on completion. The balance of the purchase price.
How will I know when each ‘stage’ is reached?
An independent technical consultant/surveyor will inspect the building periodically and issue a certificate confirming that the stages have been reached and the next payment is due.
Can I pay the stage payments in the UK or elsewhere?
Yes it may be possible to arrange to pay in sterling in the UK or alternatively in another currency elsewhere subject to agreement at the outset.
Due to the strength of the POUND I want to forward buy dollars, can you help me?
Yes, the Developer has contacts with firms within the UK who will forward sell dollars at a fixed rate, please ask for more details.
What does the purchase price include?
All fixtures and fittings are included. It is easier to tell you what is not included. Basically the unit is fully fitted so you would only be responsible for putting in your own furniture and furnishings, otherwise the unit is complete. |
