•Review and sign the reservation contract along with a deposit, and start the diligence process.
• After due diligence checks, if you are buying off plan you will sign the private purchase contract, (25% -40%) payment of the purchase Price. Payments and terms depend on the agreement.
New properties are paid over the construction period, all payments being made before its completion must be guaranteed by a bank or insurance company. Bank guarantees are mandatory should have no expiration date as per Law 57/68.
•Complete before a Notary Public and make payment of the balance remaining.