For existing villas in the village, a fully refundable deposit of $1,000 will secure your villa of choice. When the deposit is received, we will hold the villa for you for up to 60 days to allow you to arrange finances and/or sell your home. If at any stage you change your mind, the $1,000 will be fully refunded to you.
Generally, settlement (when you pay the balance of the ingoing contribution) then occurs on a date that we agree with you, unless your purchase is subject to the sale of your home, in which case settlement will occur on the same date that you settle the sale of your home.
For our new development villas/apartments, the process is slightly different. If you would like to secure a new development home prior to construction of the stage commencing:
- Sign an Expression of Interest; and
- Pay a $5,000 refundable deposit upon signing the Application to Reside for a home in the village.
Generally, settlement must then occur 30 days after we give you notice of the anticipated date for completion of construction of the villa/apartment, unless otherwise arranged with your sales consultant.
All deposits are held in trust until you settle on your new home or until your 14-day cooling-off period expires – whichever milestone occurs later.