IMG_0994.jpg
shutterstock_1239112171 edits-02.png

PURCHASE PROCESS

  • Select a Coral Beach apartment with a Terra Caribbean representative and provide the name of the Attorney who will represent you in the transaction.  The selected apartment will be taken off the market.

  • Your Attorney will receive the draft Sale Agreement within 24 hours and will have seven days to confirm if any changes are required. If there is no response within this period, the apartment will be put back on the market.

  • Within 14 days (for local purchasers) or 21 days (for the foreign purchasers) from the date of receipt of the finalized Sale Agreement by your Attorney, you will be required to sign the Agreement and pay a deposit of 10% of the agreed sale price.

  • On completion of the development, the Developer will obtain a Certificate of Compliance from the Planning & Development Department.  At the Compliance stage, purchasers must attend for snagging within seven days. The Developer will have 30 days to correct any agreed defects.

  • Completion of the sale will take place within 30 days of receipt of this Certificate. At this time, you will be required to pay the remaining 90% of the agreed sale price.

CORAL-BEACH-C-ICON-blue.png