Penalties

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14 May 2007 12:00 AM by hawkmike Star rating. 2 forum posts Send private message

I have a friend who may be interested in investing in a villa in SADM. He wants to know what the penalties are if he paid the inital deposits but then needed to back out. He is torn between SADM and Bulgaria - apparantly in the Bulgarian investment, he would get back his original investment amount , less 15%.

Any help appreciated,  Mike. 




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14 May 2007 5:53 PM by mattjo Star rating. 38 forum posts Send private message

In my contract it states a penalty of 20% of the full purchase price.


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