In the pursuit of offering condominiums of a superior quality, Devmont is always looking to provide the best product for its clients.
With this in mind, we are pleased to announce our Price Protection Guarantee program.
The Price Protection Guarantee is a Devmont innovation giving you the peace of mind you are looking for. Upon the purchase of your new condominium – at a competitive pre-construction price for the Rouge 5.0 project – you will automatically be eligible for the Price Protection Guarantee.
What is the Price Protection Guarantee?
It is a guarantee that protects the value of your investment between the moment you purchase your condo (preliminary contract) and the date you take possession of it.
Devmont guarantees the value of your investment!
The completion of Rouge 5.0 is expected in August 2015, and as much as we are confident in the health of the condo market, this guarantee has the goal of protecting you from any variations in the market over the following months.
How does the Price Protection Guarantee work?
In order to evaluate the variations in the market, we rely on the MLS Home Index Price (HPI) of the apartments of the Greater Montreal (www.homepriceindex.ca).
In the event of an increase in the market, your purchase price remains the same, and you benefit from knowing that your condo has increased in value.
In the event of a decrease in the market, your purchase price will be reduced to reflect this decrease. Any negative variation in the HPI, in percentage, will be applied to the purchase price, up to a maximum of 10%. As such, your investment is always protected against a decrease in the market.
We invite you to contact us to learn more about the Price Protection Guarantee.
* Conditions Reduction of the purchase price up to a maximum of 10%, applicable to all new contracts for Rouge 5.0, excluding parkings