Polaris World Payment Plan Calculator

To calculate the stage payments of any Polaris World property, please enter the property price in Euro into the table below. The UK£ Sterling equivalent is calculated at €1.45 to £1. Please refer to the latest exchange rates for a precise UK£ Sterling equivalent.

Sale Price:

€

	€	£
Property Value: Contracted Selling Price	0	0
Deposit: Initial deposit due immediately to reserve property for 20 days	3,000	2,069
Stage 1: First stage payment of 25% due 20 days after reservation (including 7% IVA, less the €3000 deposit)	0	0
Stage 2: Second stage payment of 15% due 270 days after reservation (including 7% IVA)	0	0
Stage 3: Final payment of 60% due on completion (including 7% IVA)	0	0
Total: (INCLUDING 7% IVA)*	0	0

* Further costs of approx. 3% of the selling price will be incurred to cover legal fees, stamp duty, notary fees etc., payable approx. 50% up front and 50% on completion.

The Polaris World Standard Payment Plan

The standard payment plan is as follows:

• Stage 1 - €3000 reservation. This reserves the property in your name for a standard period of 20 days.
• Stage 2 - 25% of the total value of the property + 7% IVA (VAT) is payable 20 days after the reservation (less the reservation fee).
• Stage 3 - 15% + IVA at start of build. A second instalment of 15% of the total value is payable once building has started usually 9 months after the reservation. In cases where construction has already begun, the instalment is made within 90 days of the sale.
• Stage 4 - 60% + IVA upon completion. You pay a final instalment of 60% of the contracted sale price of your property upon completion of your property and the phase on which your property is situated.

All payments are bank guaranteed and fully certificated.