polaris world /
How to Buy
Step 1
Although we try to provide as much information as possible, there is only so much you can achieve by trawling the internet. By arranging a low-cost, no-obligation Viewing Visit, you will be able to see first-hand exactly what is happening for yourself. At that stage, you will be in a much better position to assess all of the Polaris World options, and to decide if you would like to make a purchase.
Step 2
If you find a property that you like, you can reserve the property with a reservation deposit of 3,000 euros. This secures the property and (importantly) fixes the price against any future rises. Remember that the reservation deposit is FULLY REFUNDABLE if you decide not to proceed within the following 30 days.
Step 3
Normally, within 1 month of reservation, you will pay 25% of the purchase price (plus tax). At this stage, you will sign a private purchase contract with the developers. This can be done from the comfort of your own home.
Step 4
Depending upon your chosen resort and phase, you will normally be required to pay a further 15% of the purchase price (plus tax) around 9 months later.
Step 5
You will be required to pay the balance (usually 60% of the purchase price plus tax) at completion of the property. You will then sign title deeds and assume the rights of full ownership of the property.
We always recommend using the services of a lawyer, as he/she will be able to check contracts, ensure that bank guarantees are in place, manage the staged payment process, sign documents in your absence, help to arrange wills, bank accounts and utility contracts, and oversee the handover of the property.