What is the property purchase procedure?
The procedure of purchase and sale is not complicated and takes a few days only – when you find a property to buy, we make the property check with the Cadastre and (if the property documents are clean) draft the Contract stipulating the terms. Then you will be supposed to pay a collateral (10% of the purchase amount usually) and pay the rest within a month time (standard term). The property title is transferred and certified at Court. Then the new owner may move in and submit the documents to the Cadastre for filing.
