Financial details
Payment Schedule - cash buyers
£2000 deposit upon signing reservation agreement
20% after due diligence period and signing sales and purchase agreement
25% on completion of foundations
30% when the roof is on
25% on completion
• 20% direct to vendor
• 5% to vendors solicitors until production of government released
Certificate of Occupation
Payment Schedule - finance
Finance is available through Maybank
The interest rate is 1.5% during construction
The interest rate is circa 5.8% after completion
70% LTV over a 12 year maximum term
£2000 deposit upon signing reservation agreement
20% after due diligence period and signing sales and purchase agreement
10% for 70% LTV
The Maybank mortgage is then drawn down to cover off
all further payments.
Benefits
If you opt into the leaseback scheme you can benefit from a 7% net rental yield for 5 years and you can still use your villa for 20 days a year totally free of charge. Nexus will also invite you to become a member of their golf club- on the house and offer a 25% discount for rooms and F&B outlets in the Nexus Resort Hotel.
Please note, your 20 days free usage per year begins the moment you sign your reservation form as you are welcome to stay in the resort until your villa is ready- what an amazing benefit!!
To ask questions or request a reservation form, please click here
or call +44 (0)7967 258 121
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