11. Sales policy (The policy of selling real estate)

The policy of selling and risk management are closely linked.

There are 4768m2 of the apartments, 2634m2 of the porch, 6085m2 in total.

Price for 1m2 of terrace is 50% of the price of 1m2 apartment.

If the project is worth 16.612.000 €, this means that the price is 2.730 € per m2 per unit.

To this price, state tax of 8% should be added, so that the final price should be 2.948,40 € per m2.

If 30% of the apartments is sold in advance, with discounts of 10% (or 2457 € per m2 without tax), around 750.000 € can be saved - price of the money.

In addition, 30% of sales in advance confirms the importance of the project. Without the sale of 30%, the construction process should not begun.

If the customer pays the cost in parts (so that the buyer has a 7% discount), then:

- 30% of price upon signing up the contract

- 30% to begin work

- 35% when the roof is finished

- 5% to hand over the keys to the apartment

If construction has commenced, then the 10% discount is no longer valid. Also, in this case, a discount of 7% is not applyed for 30% + 30% of the value (it is valid for the remaining 35% + 5%).

If the roof is finished, the discount is not valid.

Special discounts may be offered to the seller depending on their accomplishment.