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Departure Fee

A Departure Fee is charged by Village Administration. This Departure Fee is retained from the Incoming Contribution and is calculated as follows:

  1. 5% for the first year of residency, or part thereof
  2. 5% pa for the next two years calculated on a daily basis
  3. 2.5% pa thereafter calculated on a daily basis
  4. Plus any unscheduled maintenance or repair costs necessary on your exit
  5. Plus any other amounts owing  such as recurrent charges
  6. Less 50% of the appreciated increased value of the unit if applicable i.e. half the capital gain will be deducted from the above fees.

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