PROCEDURE OF BUYING- Commission-free purchase directly from the developer
- Fixed price guarantee for the purchased house
- Trust settlement
- Alternatively, purchase price proof when signing the purchase contract on the escrow account or securing the portion of the purchase price that is not due by bank guarantee
- Instant note of condominium pledge for the ownership in the land register
- Payment or forwarding of the purchase price to the property developer in accordance with the Construction Contract Law (BGBL., 2008/56) of the purchase price
- Additional costs (see below)
PAYMENT UNDER THE CONTRACTING AGREEMENT (RATING PLAN A):at the following dates the following parts of the price are due at most:
- 15% at the start of construction on the basis of a legally valid building permit;
- 35% after completion of the shell and the roof
- 20% after completion of the raw installations;
- 12% after completion of the façade and the windows including their glazing;
- 12% after the completion of the contract or upon the agreed premature handover of the actual object of the contract;
- 4% after completion of the entire system
- 2% after the expiry of three years from the delivery of the actual object of the contract, unless the developer has guaranteed any claims for damages and damages through a guarantee or insurance.
ASSOCIATED COSTS- 3.5% land transfer tax
- 1.1% registration fee in the land register
- 1.5% attorney / notary fees
- Network provisioning charges