ON PLAN SALE
The VEFA contract (sale of a future completed project) is a contract by which the seller (property developer, construction project owner until delivery of work) immediately transfers his above ground rights to the buyer as well as the ownership of any existing constructions.
You become the owner of built works as they are gradually completed and you pay a price corresponding to the building progress.
Payment is spread out as follows:
35% maximum of the final price withe the completion of the fondations
70% maximum with roofing completion and windows completion
95% maximum with building completion
5% delivery of the property.
Payment is spread out as follows:
35% maximum of the final price withe the completion of the fondations
70% maximum with roofing completion and windows completion
95% maximum with building completion
5% delivery of the property.