Subject to the wording of the guarantee, if a developer goes bankrupt, either the bank will ensure the development is completed, or it will repay the amount you have invested.

An escrow account is where your money is held by a third party independent agent, where both you and the developer have signed agreed conditions as to the terms upon which that money is being held in escrow. The course of action to be followed is clearly defined should there be a default by either party to the agreement. Once pre-agreed conditions are met then the funds are transferred from the escrow account into the developers account.

Developers can offer the security of a bank controlled account. The investor deposits into the account sums of money which can only be transferred to the developer once evidence has been produced to the bank that stages of work have been satisfactorily completed

European Property Investments.

Web-site for registering overseas property rentals

The investigation of a transaction to establish all the material facts by a responsible and prudent person ,in order to limit any unnecessary problems or losses.

To enter this part of the EUPIL web-site you will need to be registered and approved by the directors of EUPIL. You are requested to complete the application form, indicating your expression of interest in future developments as and when they arise.