The mode of payment of the houses of Polaris World depends on the complex to which they belong.

For the complexes
Gardens of Alhama Resort Golf
The Naranjos de Alhama Resort Golf
Terraces of the Tower Resort Golf
Sea Smaller Golf Resort II
The Hill Resort Golf
Cortijos de Alhama Resort Golf

Reserve

The provisional reserve or signaling of the house takes place by means of the 3,000 delivery of €. This deposit blocks the sale of the house during 30 days, until the company/signature of the purchase contract, that takes place a month approximately later. If during these days you change of opinion € will be given back him the signal of 3,000.

First payment

It is made during the 30 following days to the date of the reserve, at the moment of the company/signature the transaction contract, for the sum of 25% of the total price (including 7% of IVA) of the house. Of this amount the 3,000 must discount € already given for the provisional reserve.

Second payment

The second payment is made to the 9 months of the first payment, for the sum of 15% of the total price of the house. In case the house is given before this date, this second payment would have to be made before this delivery.

Last payment

The third payment takes place to the delivery from the house when signing the public writing, for the sum of 60% rest (including 7% of IVA)

CONTRACT CESSION (REVENTA BEFORE DELIVERY OF KEYS):

Polaris World offers to its clients the possibility of reselling its house before taking place the company/signature of the public writing and the delivery of keys. Of this form, those investors that buys a house in anyone of resorts, once have carried out first and second payment which they totalize 40% of the total price without IVA, will be able to yield his contract to new buyer, with capital gain corresponding, being clear that Polaris World will solely serve to write up a contract in favor of the new buyer (with the original price of the house when it was bought) and to prepare the document of contract cancellation for the old buyer, being by exclusive account of this one last one, any type of management related to the promotion for reventa of the house, the fixation of price of reventa of the same one, the collection of the obtained capital gain, etc.