Payment Schedule
Payment terms for the 3 Molinos resort are by far the best in the region, and are very straightforward:
TO RESERVE: 3.000 EUROS
ON SIGNING CONTRACT: 20% of purchase price
ON COMPLETION: The balance
Example: (All in Euros)
| Purchase price | 200.000 |
| + 7% VAT | 14.000 |
| TOTAL PURCHASE PRICE | 214.000 |
| Payment schedule: | |
| Reservation fee...(no VAT) | 3.000 |
| Deposit...20% (+7% VAT) | 42.800 |
| To complete...80% (+7% VAT) - reservation fee | 168.200 |
| TOTAL PAYMENTS | 214.000 |
Euro mortgages can be arranged at competitive rates including interest only mortgages.