when the building is "watertight" ( mise hors d'eau – roof on). 25% upon completion of the interior works. 20% upon completion of the building. 5% upon delivery (handover of keys). 🛡️ Essential Guarantees for the Buyer
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VEFA is a contract where you buy a property that is not yet built or is currently under construction.
You become the owner of the and any existing structures immediately. You become the owner of the building as works proceed. Payments are made in stages based on construction progress. 📑 Key Stages of the VEFA Process 1. The Reservation Contract ( Contrat de Réservation ) This is the preliminary step before the official deed.
Interest is usually paid only on the amounts released ().
Full capital repayment typically starts once the keys are handed over. 3. The Final Deed of Sale ( Acte Authentique )
Usually 2% to 5% of the price, held in a blocked account.