How do I pay for my property?

How do I pay for the property I want to purchase?

In the rule you would be asked to do a down payment of 10-20% of the total purchase price. You can do this with cash or credit card.

Following the down payment a payment plan can differ per property and per builder.

Usally together with your agent and builder a payment plan will be proposed where you are able to spread out your payments during the time of construction of your apartment (complex).

You will be asked to make out your payments to either your agents bank account or the builder(s) and/or partner(s) bank account(s).
Keep in mind that your bank will charge you a commission for an overseas money transfer.

Most of the time the option for a reduction on the sales price is offered if you commit to a short payment plan.

In case of re-sale property, usually there is no room for a wide spread payment. However everything is open for negotiation.