Tuesday Feb 04, 2025
"Dubai Off-Plan Mortgages Harder to Get: Plus Listener Question"
We talk with Mario Volpi from Novvi Properties about the Golden Visa changes, and payment plans offered by developer. Also why off-Plan mortgages are harder to get. @novviproperties
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4 months ago
Mario mentions a 35% non resident mortgage. How is that possible? I thought 40% as a non resident was minimum. Additionally, even if a 35% non resident mortgage is possible how would you then get utilities as you can only get utilities as a resident and to qualify for residency via property purchase with a mortgage a minimum of 50% of the purchase value must be paid, so a 50% mortgage would be the minimum required. Can these questions be answered please?
4 months ago
Is it worthing investing in the commercial unit in Dubai? Example warehouses or office? Is the owner protected if rent is not paid on time