An ASP loan can include a plot of land in case of building a detached house. A plot alone is not a first home as referred to in the law. The required amount of savings (10 per cent) is calculated based on the total cost estimate of the construction of the plot and the detached house. Construction must begin immediately after the acquisition of the plot.
When buying an apartment, the share of the plot allocated to a condominium can be included when calculating the ASP loan if the plot is purchased together with the apartment.