Banks are the main financial institution to go to when considering buying or building a home.

The bank will give a guideline on the amount that can be spent per M2 which includes materials, equipment and labor.

As a resident, depending on the cost of the home and length of time given to pay back the mortgage a deposit may be requested.

As a non resident a deposit is requested.

When purchasing a home, one can expect
Monthly Premiums for the different Insurances taken out.
Notary charges
Closing fees
Agent's Commission

For non residents wanting to buying or build a home, most financial institutions require a deposit. The deposit amount varies depending on the bank or financial institution, and the borrowing amount cannot exceed the execution value of the house. As a on resident you will need Proof of income if retired, Two(2) bank reference letters,valid ID, whether it's an ID card, passport or driver's license,  and a letter of recommendation from your current employer if not retired.

Any person(s) applying for the mortgage must be 21 years and older and employed about 2 years or more.
Last two to three months payslips, depending on bi-weekly or monthly income.
Valid ID - an ID card, passport or driver's license.
A letter of recommendation from your current employer
If constructing an Appraisal report not older than six(6) months
If buying a home, an appraisal report not older than one year.

The closing fee is the fee charged to cover expenses connected with the mortgage.

Currently the going rate is Awg 1750 per M2 or Awg 163 per sq ft.
It is best to shop round for contractors than can give the best construction price.

Notary Fee, Registration cost, Stamps, Power of attorney,Inspection cost, transfer tax and agent's commission if applicable.

Each bank or lending institution has differed interest rates. Each situation will be accessed on an individual basis.