Purchase Process
Purchase Process
Firstly decide on which plot you would like and then which Villa you would like built on the plot. If you would like guidance in plot and villa choice please call us and talk to one of our consultants.
Reservation
Reservation deposit of $5000 - this secures your property for 30 days.
10% Deposit payment
You 10% deposit payment is paid within 30 days of reservation at contract signing stage.
40% Payment
Construction of your villa will start 3 months after the 10% deposit being paid and at this point a 40% payment is due.
30% Payment
On completion of your Villas roof, walls and foundations a further 30% payment is due.
At this point the deed transfer process wil begin.
Final 20% Payment
The final 20% payment is due on satisfactory completion of your Villa
Each stage is signed off by an independent architect before the payment is due.
Finance
Finance has only recently started to become generally available in Uruguay.
We are currently in the process of negotiating a competitive finance package with BBVA.
Expectation are that you will be able to finance 50% of the purchase price at a rate of around 8-9% per annum.
Please contact us for more details.
