Vision Campo Belo - Property Frontiers

Why Invest in Vision Campo Belo
Payment Schedule & Purchase
Procedure
Buyers must complete, sign and return the
reservation agreement, Property Frontiers
terms of business and the Independent Legal
Advice form, along with a partly-refundable
reservation deposit of 6% of the purchase price
to reserve your unit.
This information will then be sent to the
developer who will then confirm that they
agree to sell the unit to the buyer.
If choosing the conveyancing lawyer
recommended by Property Frontiers, the
conveyancing lawyer will get in touch and
instruct the buyer to notarise the Power
of Attorney for the lawyers to obtain CPF
number as well as handle the property buying
procedure on buyer’s behalf
Page 38 Vision, Campo Belo, Sao Paulo, Brazil
The Purchase Contract will be sent to the buyer
and must be signed (or instruct his lawyer to
sign), notarised and returned within 30 days of
the developer agreeing the purchase. At this
point 24% of the total purchase price will be
payable to the developer. During this 30 day
period, the buyer should:
Obtain credit report;
Provide money laundering regulation
required documents;
review the Purchase Contract, raise
queries on the terms to his lawyer.
A further 20% of the purchase price is to be
paid during construction by 4 instalments of
5% each, to be paid every 6 months starting on
1st December 2008.
The final payment of 50% of the purchase
price is to be paid upon completion of the unit
(expected to be August 2010).
Property Frontiers
+44 (0) 1865 202700
info@propertyfrontiers.com
It is standard practice in Brazil that the listed sales
price is broken down into the Sales & Marketing fee
and the contract purchase price.
Property Frontiers and partners will takes their
remuneration out of this 6% sales and marketing
fee.
Property frontiers