At Tapolos Developers, we try to be as accommodating and as flexible as possible with our clients. Although we have a standard method of payment (as seen below), we are always happy to discuss our clients individual needs and come up with an alternative payment scheme that suits their circumstances.
Buying Procedure (off plan)
To reserve a property with Tapolos Developers, Cyp£2000 is required to take the property off the market and freeze the price.
(This amount is subtracted from the total purchase price).
We will then recommend a solicitor to you or you can find your own.
Once the purchasing agreement has been signed (usually 4 weeks after the Cy£1000 holding deposit has been given) 30% of the purchase price is paid.
Once we have the first instalment, your solicitor can take your contract and deposit it in the land registry so the plot of land now legally belongs to you.
We don't take any more money from you until we have begun building - and then the usual plan is :-
25% Upon completion of the skeleton.
25% Upon completion of plastering.
10% Upon completion of tiling.
10% Upon delivery.
The above payments can be altered up to a point to suit you. Ask us for options.
Buying Procedure (building in progress)
If you want to buy a property from us that is already under construction, a holding deposit of Cyp£2000 is required to take the property off the market and freeze the price.
We will then recommend a solicitor to you or you can find your own.
Once the purchase agreement has been signed the first instalment will be equal to the extent of the building so far.
If we have just finished building the skeleton of the property for example, then a payment of 55% will be required (30% standard contract amount upon signing and 25% upon completion of skeleton)