STANDARD PAYMENT SCHEDULE
Reservation fee totalling CZK 50,000 for an apartment with a layout of two rooms + kitchenette, CZK 80,000 for an apartment with a layout of three rooms + kitchenette and CZK 120,000 for an apartment with a layout of four rooms + kitchenette, payable within five days of the conclusion of the reservation contract.
Conclusion of Agreement on Future Contract
A payment of up to 20% of the price of the apartment within 10 days of the conclusion of the agreement on future purchase contract.
Notification of Completion of Building Shell
Payment totalling 45% of the price of the apartment - payment within 10 days of the delivery of a notification of completion of building shell, the entry of the building under construction in the land registry and the entry of a lien in favour of the client’s financing bank in the land registry.
Notification of Completion of Distribution Networks and Plasterwork
Payment totalling 25% of the price of the apartment - payment within 10 days of delivery of notification of completion of distribution networks and plasterwork - documented by an entry in the site log or photographic documentation at the request of the financing bank or appraiser.
Notification of Occupation Approval of Building
An additional payment of 10% of the price of the apartment taking into consideration the reservation fee paid - payment within 10 days of the delivery of notification of occupation approval of the building, before the signature of the purchase contract.
Signature of Purchase Contract and Handover of Apartment