Terms of sale – Viimsi Rohekodu

Stages of the sales process

1Reservation Agreement

For the reservation of a residential plot, a written reservation agreement is concluded with the buyer. To confirm the purchase intention, the buyer pays a reservation fee upon signing the reservation agreement: €3,000 (for a 30-day reservation) or €5,000 (for a 60-day reservation).

2Obligational Sales Agreement and Real Right Agreement

For the purchase and transfer of the residential plot, a notarised obligational sales agreement and a real right agreement are concluded simultaneously with the buyer. Upon signing these agreements, the buyer pays the seller 100% of the purchase price. The paid reservation fee is credited towards the purchase price. After the agreements are concluded, the residential plot is transferred to the buyer.

The contract price includes:

Property price including VAT
Connection to the central water supply (connection point at the property boundary)
Connection to the central sewage system (connection point at the property boundary)
Connection to the electrical network (distribution board at the property boundary)
Electricity connection: 25 A
Option to connect to fiber-optic cable (ready for installation)
Asphalted access roads to the property
Street lighting in the residential area