For
simplification and better understanding,
we explain the sale process in
few stages:
•
Indentifying your
preferences for property;
•
Negotiations and inspection
visit;
•
Start of legal procedures,
concerned with the
checking of the property
/mortgages/
•
Preparation of all
the necessary documents,
registration of company
on your name if land
ownership is required
and signing the Preliminary
contract. At this
stage, first charges
occur:deposit payable
to the owner which
normally varies between
10 to 30% depending
on the property; legal
fees for registration
of the company- £400.
You also need to prepare
a deposit for the
company's bank account
- around 1800 pounds.
•
Signing the final
contract and Notary
Act. This is basically
the last level of
the sale process
where the ownership
of the property
is transferred and
the due balance
of the purchase
price paid to the
owner. At this final
stage, a Notary
fee of 1% of the
purchase price and
Government Purchase
Tax of 2% of the
purchase price will
have to be paid.
Once we conduct
the final transaction
of the sale, we
refund you your
flight ticket if
the property you
bought was at least
45 000 pounds.
We
haven't described the cost of
our after sale services. If
any of these services is asked
for, we discuss additionally
their fees upon request.
Our commission
usually goes up to 3% of the
purchase price but it would
highly depend on the individual
sale package and the type of
property you buy.
