FAQs

  • After the property handover, the management company handles all processes under the contract. Novus signs agreements with its partners

  • Taxes on rental income can be paid through the management company or the accounting firm we refer you to

  • The sales process begins with the issuance of the Sales Memo and typically lasts around 8-12 weeks. It is managed by solicitors, including AML (Anti-Money Laundering) and Source of Funds checks

  • For a property with increased value, up to 75% or more of the investment can be reclaimed through a mortgage. Refinancing is assessed on a case-by-case basis, depending on the investor and the project

  • Yes, a purchase can be made through a special company called an SPV (Special Purpose Vehicle). An SPV protects personal assets, provides financial advantages, and offers tax flexibility

  • •Mortgage interest can be deducted from the taxable income

    •The management and income of the property can be easily controlled

    •Personal assets are protected