How to Reserve Your Villa at Silves Hills
Buying at Silves Hills is designed to be simple, transparent, and secure. Here’s how the process works:
1. Reservation Agreement
To secure your chosen plot, we sign a reservation agreement valid for 4 weeks.
- A refundable deposit of €10,000 confirms your reservation.
- This ensures no one else can purchase your selected lot while the paperwork is being prepared.
2. Promissory Contract
Next, we formalise the purchase with a promissory contract, which sets out all the details of your home and the transaction.
- At this stage, 10% of the property price is due (less the €10,000 reservation fee already paid).
- A further 20% is paid in two instalments
– One 10% payment when infrastructure works begin
– One 10% payment when the construction of your villa starts
3. Final Deed
The remaining 70% is paid only upon signing the final deed and receiving your finished home.
What’s Included in the Price
- Your private villa with garden, sun deck, and heated swimming pool
- A fully equipped kitchen with appliances
- Bathrooms and sanitary installations
- Private parking
What’s Not Included
- Notary and state fees related to the purchase
- Loose furniture package (chosen by you from our curated designer collections; the purchase of each villa requires the selection of one of these packages)
Vanessa Debeuf
Languages: English, German,
French, Dutch, Italian
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