I am going to buy a plot « Villapark Fontein

I am going to buy a plot

You are interested in a plot on Villapark Fontein on which you can have your own house designed and built. Free plots are available in both phase 2 and 3.

Together with the sales department you can find out which plot meets your desires. Once you have made a choice, you can get a free option for two weeks. In these two weeks you should get started with financing. Once you have received a pre-approval from the bank you can proceed to a paid option.

The paid option of six weeks is in effect as soon as you make a deposit of 10% of the purchase price. Within those six weeks you can arrange the financing of your plot and have the construction drawings approved by Villapark Fontein in order to submit these to DROV for a building permit. It takes about six weeks before you receive a building permit.

If you decide to buy a free plot on Villapark Fontein the following steps are important;

Financing;

Submit the approved construction design and budget calculation to DROV before completing the financing of your plot and before starting the construction of your property. Only after you acquired a building permit for your property, the bank will allow a financing. You will also need to make a valuation of your plot and property. Our sales department would like to help you with this.

For valuations we mainly work with Landmark:

Landmark Real Estate NV

Schottegatweg  PO Box 6001 East 64

Phone: (5999) 736 2800 Fax: (5999) 736 1866   E-mail: info@landmark.an

Construction design;

You need to have a construction design made before starting the construction of your property. This construction design has to be approved by Villapark Fontein, before you can submit the design to DROV for a building permit. Ask the sales department about the terms and conditions and construction rules of Villapark Fontein.

In order to receive a preliminary approval, the following documents should be submitted:

1. Situation design

2. Area construction

3. Maps

4. Design of all facades

5. Materials and colors

6. Design of landscaping

DROV;

This service is responsible for Spatial Development and Management of all area on Curacao. DROV is responsible for the following products:

1. Spatial planning;

2. Urban renewal;

3. Public housing

4. Conservation of monuments

Head of DROV: Mr. Lionel Janga

Address: Plasa Horacio Hoyer 19, Curacao

Phone: +599 9 433-3200

Fax: +599 9 4612697

Email: info.drov@curacao-gov.an

Registration;

Once you have your financing complete it’s time to pay the remaining 90% plus buyers costs at the notary office Alexander & Simon. Before registering, the notary will always send you an invoice on which the buyers costs are specified. The buyer should approve off all the documents first and after the full payment has been made the registration of the bought property and plot will be done.

Notary data transfer and contact:

Notary Office Alexander & Simon

Maduro & Curiel’s Bank

Plasa Jojo Correa 2, Curacao

Bank account number: 712 851 1907

Swift: MCBKANCU

Gaitoweg 2, Curacao

NOTE: Please send your plot number, name and Villapark Fontein number so the notary can easily place your deposit.

Construction obligation;

There is no construction obligation but when the construction of the house has started, the house has to be finished within 18 months.