Building stages and payments A deposit of 25,000 Euros is required to secure the plot. The next payment is for the land. The €25.000 deposit is deducted from the cost of the plot and the balance is payable to complete the land purchase. 1.The first stage of construction payment is required for the planning/building license and the concrete structure of the villa. This includes the excavation of the foundations and the site access road. 2. The second stage payment is payable for the brickwork roof construction of the property. 3. The third stage payment is made for the electrics, plumbing, and plastering. 4. The fourth stage payment is for the excavation and concreting of the swimming pool, terraces and boundary walls, where applicable. 5. The fifth stage payment is made upon completion of the villa. This includes the swimming pool, all ground and garden work with all utilities connected with the villa ready for occupation.
The keys will be handed over to the client upon final payment.
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