Financing and guide to buying an apartment / commercial unit
Deciding on a new home or a commercial investment is a big step, but you don’t have to face it alone. We are here for you from the very beginning to guide you safely and clearly through the entire process, without unnecessary complications.
Whether you are asking initial questions or looking for the best financing options, we will guide you through every stage of your purchase.
How buying an apartment / commercial unit in our project works:
1. Reservation Agreement
After signing the reservation agreement, you pay a reservation fee of CZK 134,000 + VAT. This fee will be credited toward the total price of the unit. If the fee is not paid on time, the reservation agreement becomes void. Within 12 months, we will send you a draft of the future purchase agreement with details about the unit, price, and deadlines.
2. Future Purchase Agreement
You have 14 days to sign it. By signing, both parties commit to completing the sale under the agreed terms. The agreement contains exact information about the unit, price, installments, and completion date.
3. Purchase Agreement
This is signed after the construction is completed and the unit has passed a technical inspection. Full payment of the purchase price is required. The purchase agreement also includes an application for the registration of ownership rights in the Land Registry, the filing of which will be arranged by us. The administrative fee for filing the application for the registration of ownership rights in the Land Registry shall be paid by the buyer.
4. Handover of the Apartment
The unit will be handed over to you for use within 14 days of signing the purchase agreement and registering it in the Land Registry.
Payments:
• Reservation fee (CZK 134,000 + VAT) is due within 5 business days of signing the reservation agreement.
• The second installment is payable within 7 days of the execution of the Agreement on the Future Purchase Agreement and shall amount to:
• residential units: 10% of the purchase price of the unit, including VAT
• commercial units: 20% of the purchase price of the unit, including VAT
• Remaining balance is due within 30 days of notification of construction completion and occupancy approval.
These details serve as a general overview; the developer reserves the right to update them at any time. The binding terms are always those specified in your signed agreements. We believe, however, that we can always find a solution that works well for all parties involved.
Mortgage? No need to worry with us.
Financing your home doesn’t have to be complicated. In partnership with HYPOASISTENT, we help you select the most favorable mortgage tailored to your needs.
What we arrange for you:
• Comparison of offers from multiple banks to secure better terms than usually available at branch offices
• Mortgages with attractive interest rates, no fees, and financing up to 90% of the property value
• Bonuses such as a free property valuation or repayment insurance
Complete service from A to Z
HYPOASISTENT will guide you through the entire process—from the initial consultation and document preparation to the actual loan drawdown. With our experience, you can handle everything quickly and without unnecessary stress.
Alternative: Cooperative Financing
If you do not want to or cannot use a traditional mortgage, cooperative financing may also be a suitable solution. In such a case, there is no need to arrange your own mortgage loan or provide proof of income to a bank – you only pay the initial membership deposit, while the remaining part of the apartment price is gradually repaid through monthly payments to the cooperative. This option may be particularly suitable for clients who cannot easily prove their income, for foreigners regardless of their type of residence permit, or for clients who do not meet the age limits required by banks. We will be happy to help you compare whether a traditional mortgage or cooperative financing is the more advantageous option for you.
Calculate your payments online
For a quick overview, use our mortgage calculator to estimate your monthly installment. We can also prepare a personalized offer for you—free, discreet, and non-binding. We are here to help you make your dream of a new home come true without unnecessary worries.