Investment Process and Assurance Framework
Pre-Construction Phase:
- Investors start with a 20% down payment into a joint account, ensuring secure and conditional fund handling.
- Conditions for funds release include formal agreements and necessary approvals, ensuring transparency and security in transactions.
Scheduled Payments:
- Payment is structured in phases aligned with project milestones, ranging from foundation laying to final construction completion, enhancing project accountability.
Title Transfer and Additional Costs:
- The Maldives’ straightforward title transfer process involves nominal fees for attorney and documentation, with an outlined cost structure provided upfront for both buyers and sellers.
Guarantee and Insurance:
- Comprehensive insurance coverage for construction risks and third-party liabilities, ensuring investor peace of mind.
- A guaranteed annual income from the project offers investors a lucrative return on investment, bolstered by robust management schemes.
Cancellation Policies:
- Clear procedures for both construction firm-initiated cancellations and buyer-initiated purchase withdrawals, ensuring fairness and transparency in all scenarios.
This framework highlights the structured payment process, assurance of investment safety, and guaranteed returns, marking an enticing opportunity for investors in the dynamic Maldives market