When booking an apartment, a reservation agreement is signed with the Buyer who will make an advance payment €5000 to confirm the purchase.
A notarial contract of sale is entered into with the Buyer, where all the details of the transaction are agreed upon and the Buyer will pay 20% of the purchase price of the property.
When the apartment building is ready for transfer, a notarized real-estate contract is entered into, the Buyer pays the rest of the purchase price and the ownership of the apartment is transferred.
The financial service provider is AS LHV. Check the conditions at lhv.ee/kodulaen and consult an expert