New apartments with easy reach of Prague centre

Payment Schedule – valid as of 3/2/2010

Basic Payment Schedule

• reservation fee – amounting to 50 000 CZK (apartments for up to 5 million CZK, incl. VAT) and 100 000 CZK (apartments for over 5 million CZK, incl. VAT) within 5 working days following the signature of the Reservation Contract. For conclusion of a Preliminary Contract concerning the transfer of ownership of an apartment unit (hereinafter referred to as ‘Future Contract’), the reservation fee shall be counted as part of the deposit for the purchase price. Otherwise, the reservation fee shall not be refundable.
• 1. deposit – 10 % of the purchase price (minus the amount of the reservation fee) within 10 working days following the signature of the Future Contract.
• 2. deposit – 50 % of the purchase price within 14 days following the notification of the structural work completion and the submission of a proposal to submit the statement of the owner of the building under construction to land registry.
• 3. deposit – 20 % of the purchase price within 14 days following the notification of and the submission of the request to initiate the building permit process.
• balance – 20 % of the purchase price on the date of signature of the Purchase Contract

Should you find the prescribed Payment Schedule inconvenient, we will assist you by conceiving an individual Payment Schedule to meet your requirements. In such a case, please consult the broker to discuss you opinion.

Part of the purchase price may be financed by a mortgage loan. For detailed information, please contact our broker. In the area of mortgage loans we ensured favorable conditions and professional advice for you with Hyposervis a.s.

Basic Mortgage Repayment Schedule 20/80

• 20% customer’s own resources
  reservation fee – amounting to 50 000 CZK (apartments for up to 5 million CZK, incl. VAT) and 100 000 CZK (apartments for over 5 million CZK, incl. VAT) within 5 working days following the signature of the Reservation Contract. For conclusion of a Preliminary Contract concerning the transfer of ownership of an apartment unit (hereinafter referred to as ‘Future Contract’), the reservation fee shall be counted as part of the deposit for the purchase price. Otherwise, the reservation fee shall not be refundable.
• 1. deposit – 20 % of the purchase price (minus the amount of the reservation fee) within 10 working days following the signature of the Future Contract.
• 80% Mortgage Loan
  Deposit 2 – 30% of the purchase price within 21 days following the notification of the structural work completion and submission of a proposal to submit the statement of the owner of the building currently under construction into land registry.
• balance – 50 % of the purchase price within 14 days after the copy of the proposal to submit the Purchase Contract is submitted to the land registry.

Hyposervis a.s.
Mortgage Centre Hyposervis in shopping arcade Černá růže
Na Příkopě 12, Praha 1
Tel: +420 222 242 415
Fax: +420 224 239 749
E-mail: info@hyposervis.cz