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Depending on whether you are buying a completed, half-completed or an apartment that is still in its initial phase of development (off plan), ARES – M Ltd. offers several different payment possibilities.
PAYMENT SCHEME:
- € 1500 deposit fee
- 50 % payable within 14 days + preliminary contract
- 50 % within 60 days
In any case, a 1 500 EUR deposit is payable two days after you have reserved an apartment, which serves as a guarantee to both buyer and seller. The deposit will be subtracted from the price of the property in case of purchase. You can reserve an apartment after filling our reservation form in the section Apartments.
Reserving the desired apartment, gives you a 21-day period, that allows you to organize your out-look of the property or to arrange the necessary documents for the signing of the pre-contract. During this 21-day period, the seller cannot sell the property to a third party. In case he does, he is obliged to pay back to the buyer double the amount of the deposit – 3000 EUR.
Buying property in it’s initial phase of development
- 30 % payable with 21 days + preliminary contract
- 30 % after the construction of the framework and roof
- 30 % plastered walls and ceilings
- 10 % usage permit
Considering the tendency of constant price increases of residential properties, it is highly recommended that you buy your apartment from 'off plan'.
Buying a half-completed property
70% of the total property value is payable, when signing the initial contract. The final contract states how and when the remaining 30% will be paid in accordance with the building progress.
Buying a completed property
When purchasing a finished apartment the full amount of the selling price is payable.
Nevertheless you’re buying a property in it’s initial phase of development, a half-completed property or a completed property, payable are also all fees that are in accordance with the Bulgarian legislation.
For your security, we recommend you to find a lawyer (we can recommend), who will perform the necessary checks, prior to paying the deposit. Once your lawyer is completely satisfied with the conditions of the sale, the purchase contract will be drawn up and then you will be given the payment schedule.
Reserve an apartment trough our website and pay the reservation deposit – we offer you this opportunity, in order to be sure that the apartment you have chosen will not be sold to someone else and the price will remain the same.
If you are a property investor and you do not have the spare time for an out-look, the pre-contract can be signed „from distance” and you can visit SUNNY HOUSE for the signing of the final contract.
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Swimming pool
- finished with drain system and circulation of water;
Parking area, lanes and landscaped gardens
covered with grass, flowers and trees;
Children playgrounds;
Small shop;
Food and drink terraced bar;
