
Ten easy steps to buying your property:
1 ) Before buying a Polaris World property, you will be given all the
information you need to determine which sort of property you
would prefer, within the range offered at each of the resorts. You
may be looking for a "buy to let" investment, somewhere to move
permanently, somewhere to enjoy your holidays or a long-term
retirement opportunity. At this stage, Polaris World's network of
estate agents and staff keep you informed of what's on offer.
2) If you are interested in any of the properties, you can select a plot
and pay the £2,000 needed to reserve a property for a period of 30
days. A contract between Polaris World and the client will be drawn
up and sent to you during this period.
If you do not wish to purchase the property after 30 days,
the money will be reimbursed.
3) After 30 days you will be required to pay 25 per cent of the total
price, minus your deposit.
4) Between six and nine months later a further 15 per cent is due.
5) The outstanding balance of 60 per cent is due on completion.
This is usually 15 months after the start of construction of the
phase of the resort in which your property is located.
6) At each payment stage the client will need to add VAT (7%).
7) All payments are guaranteed by major banks in Spain.
8) Throughout the steps of your purchase, Polaris World offers all
the support you need. If you are keen to contact a lawyer with
experience in the Spanish property market and buying a property
abroad, Polaris World can even provide you with contact details.
Although, of course, you are free to get in touch with one yourself.
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Mijas costa
Marbella
