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The off-plan sales (SFSC) is a particularly popular real estate acquisition method in luxury markets. This type of sale allows future owners to enjoy new properties built according to the most recent standards and often customizable to their desires. SFSC thus offers the opportunity to invest in a property that combines modernity, innovation, and prestige.
The off-plan sale (SFSC) represents a unique opportunity for buyers and investors looking to acquire new and modern real estate properties. This type of sale not only allows investing in housing that meets the latest standards, but also offers various benefits in terms of legal security, luxury amenities, and advantageous taxation, especially in the context of real estate development in Sint Maarten.
Buying off-plan (SFSC) offers numerous advantages for investors and discerning buyers. This method allows the acquisition of a new property, meeting the latest standards in energy performance and comfort. Additionally, this type of purchase often allows for customization of interior finishes, ensuring a home that reflects its owner.
One of the main advantages of off-plan purchase lies in the legal security it provides. The sales contract includes a completion financial guarantee, ensuring that the developer has the necessary funds to complete the project. Furthermore, the buyer benefits from additional guarantees such as the perfect completion guarantee and the ten-year guarantee, protecting the investment in the long term.
Investing in off-plan property ensures acquiring a cutting-edge and luxurious real estate. Residences offered in this context often provide high-end amenities: private pools, concierge services, gym facilities, and landscaped gardens. This level of service is particularly appreciated in prestigious destinations like Sint Maarten, where the real estate market is constantly evolving.
At 4U Real Estate, a renowned real estate agency in Sint Maarten, we stand out for our expertise and dedication to offering exceptional properties to our clients. Specializing in luxury transactions, we provide an exclusive selection of properties under development, meeting the highest standards of quality and luxury.
We also offer personalized services to guide our clients throughout the purchasing process. From customized property searches to handling administrative procedures, along with exclusive concierge services, 4U Real Estate ensures a unique and stress-free buying experience.
The first step of a SFSC is to reserve the desired property. The buyer signs a reservation contract with the developer, which guarantees the acquisition of the property once it is built. This contract specifies the characteristics of the accommodation, its price, and the sales conditions. At this stage, a deposit, usually 5% of the sale price, is required.
After signing the reservation contract, the next step is signing the final sales contract in front of a notary public. This contract, known as the deed of sale, formalizes the acquisition of the property by the buyer. It specifies the payment terms, the construction schedule, and the various guarantees provided (completion guarantee, warranty for defects, etc.).
During construction, the buyer has the opportunity to track the progress of the work. Site visits are often organized to verify the conformity of the work. Additionally, it is possible to customize certain interior finishes in agreement with the developer, so that the property perfectly matches the buyer's tastes.
Once the construction is completed, the developer summons the buyer for the property handover. During this step, a detailed inspection is carried out to verify the compliance of the housing with the contract specifications. If any reservations are raised (defects or flaws), the developer is obligated to rectify them.
After delivery, the buyer benefits from several legal guarantees, ensuring the quality and durability of the property. The completion guarantee covers defects observed for one year. The biennial guarantee protects equipment for two years, while the ten-year guarantee covers structural damage for a period of ten years.
In summary, this type of sale is a well-regulated and secure process, offering numerous benefits to buyers looking to invest in a new and modern property. Through its various steps, from reservation to delivery, and including post-delivery guarantees, this type of sale ensures a peaceful acquisition.
F.A.Q
Everyone. In particular, residents or non-residents, as well as institutional investors, can purchase Off-Plan properties. This option is especially suitable for individuals looking to buy a new property with strong guarantees and the ability to customize their future home.
The notary fees in off-plan sales are lower compared to a purchase in the old. They generally represent between 2% and 3% of the property’s sale price, compared to 7% to 8% for the purchase of an old property. These fees include taxes, notary fees, and various administrative procedures.
The buyer officially becomes the owner of the property as the work progresses, with the signing of the authentic deed of sale. However, full ownership, including enjoyment of the property, takes effect upon final delivery of the housing, after the completion of all work and the lifting of any reserves issued during the inventory.
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