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Frequently asked questions

The questions investors ask us most often — about how a project runs, what it costs, how long it takes, and what applies specifically to buyers based outside the country.

Working with BASE REIC

  • Both, and that is the point. We source and assess land, produce the concept, design and engineer the scheme, and build it. An investor deals with one company across all of it rather than co-ordinating several, which is what makes it possible to hold a single party answerable for the finished building.

  • Yes — that is the investor-led route on our investment model page. We assess what the plot can realistically carry and tell you what it can become before any money is spent on design. If the honest answer is that it will not support the project you had in mind, you get that answer first rather than after a design fee.

  • A significant share of our work is with investors based abroad. It has shaped how we operate: written positions rather than verbal assurances, documented stages, reporting at agreed intervals, and correspondence in the language you prefer to work in.

  • It is possible, and we will say honestly what it changes. Bringing in outside parties reintroduces exactly the seams the integrated model removes — so responsibility for the result becomes divided, and we can only be accountable for the scope we hold. We would rather set that out at the start than discover it in a dispute.

Money and Terms

  • There is no single published figure, because the three routes differ so much: a plot acquisition, a single villa and a phased apartment scheme are not comparable commitments. Tell us what you are trying to end up with and we will tell you the realistic range for that specific project, including the costs people usually forget.

  • Against defined stages tied to progress — typically land, design and permitting, then construction milestones — rather than against the calendar. The schedule is set out in writing before work starts, and each stage is invoiced once the work it covers is complete.

  • We state this explicitly for every project rather than leaving it to be discovered. Items that commonly sit outside a construction figure include land transfer taxes and fees, connection charges levied by utilities, statutory permit fees, furnishing, and any financing cost. You should expect a written breakdown that distinguishes fixed items from estimated ones.

  • Material and labour prices do move, and any developer who tells you otherwise is managing your expectations rather than your project. How that risk is allocated — fixed price, indexed, or shared above a threshold — is agreed in writing before construction begins. Variations we cause are ours; variations caused by scope changes you request are quoted before they are carried out.

Programme and Delivery

  • It depends far more on approvals than on construction. As a rough shape: land assessment and feasibility run in weeks, design and permitting in months, and construction from several months for a villa to a few years for a large phased scheme. We give a project-specific programme with the assumptions shown, and we report against it honestly, including when it has slipped.

  • In our experience, in order: permitting and approvals, ground conditions that differ from what was expected, long-lead equipment, and scope changes requested after work has started. The first two we plan contingency for; the third we order early; the fourth we quote in time and cost before proceeding.

  • Progress is reported at agreed intervals against the baseline programme and cost plan, with site photography. For investors who cannot visit often, this is the substitute for being there, so it is written to be useful rather than reassuring.

  • The building is handed over commissioned, with documentation, test records and warranties compiled and defects closed out. Workmanship and statutory warranty periods apply as required by law, and the specific cover for your project is set out in your contract.

Foreign Buyers

  • In general yes, with restrictions that depend on nationality and on the location of the property — military and certain strategic zones are restricted, and there are limits on total area. Because this is regulated and revised periodically, we check the current position for your specific nationality and the specific plot rather than relying on a general answer.

  • Property ownership can support both residency and, above a qualifying investment threshold and subject to conditions including a holding period, an application for citizenship. The thresholds and requirements are set by regulation and have been revised more than once. Our Citizenship & Residency page sets out the current shape of it, with the caveat that we are a developer and not an immigration adviser.

  • Not necessarily. Much of a transaction can be handled through a properly executed power of attorney, though some steps may require attendance or a specific form of authorisation. What is possible remotely depends on the transaction and on current practice, so we confirm it for your case rather than promising it in general.

  • Typically a title transfer fee, VAT where it applies to the transaction, notary and translation costs, mandatory earthquake insurance, and annual property tax thereafter. Rates and exemptions change and depend on the property and the buyer, so we provide a written estimate for your specific purchase rather than a general table.

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