Mauritius is a real paradise ! Nevertheless, the basic rules of real estate and common sense must be applied. You will find below 10 sinceres and true advices that will allow you to acquire a property in Mauritius or elsewhere:
1 – Validate the place where you want to settle down.
The North? the South or the West and East of Mauritius?
Don’t just succumb to the charm of these different regions to buy an apartment or a villa in Mauritius. First of all, take stock of your needs and your dependencies. If you have children, choose an accessible region where you will find schools, universities, etc… Retirees will want to be close to amenities and without doubt if need be, doctors and clinics. Contact us
2 – Validate your budget because you should not take any risks! If you wish to pay for your investment in cash, make sure that you have enough cash or income to live in this paradise decently. If you take out a loan, the bank will ask you for a 30 to 40% down payment. You will have to calculate your annual “rest” to live on once the monthly payments are settled. Contact us
4 – Seek the advice of several professionals to make your own opinion, take the necessary distance. In this context, we can help you to secure your investment in Mauritius. Contact us
5 – Question the residents of the place where you would like to invest because you could collect interesting information concerning the possible nuisances of the sector. Contact us
6 – For the acquisition of a property in a state of future completion (SOFC), the project must absolutely have the following guarantees:
– Financial guarantee of completion Financial guarantee of completion (GFA)
– Decennial guarantee
– Biennial guarantee
7 – Meet the developer in order to get to know him and to get an idea of the seriousness of his company and to know his latest achievements. Don’t just rely on pretty brochures and marketing. Contact us
8 – Meet the agents of the Economic Board of Development (EDB) of Mauritius. They will give you very useful information on the different regulations related to the Residence Permit, the Long Term Visa, the Retirement Permit or information on the investment schemes in Mauritius such as the PDS (Property development Scheme) or the specific regulations for buildings of at least 2 floors in condominiums. Contact us
9 – Do not take a decision alone, if you are a couple the decision must be taken together. If you have children, their decisions also count. Contact us
10 – The “Real Love”, it comes in tenth position but it remains essential because it is important that you feel good in this new environment.
Do not hesitate to consult our experts, they are above all professional human beings.
They will be able to guide you step by step within the framework of an investment which will be beneficial to you. Contact us
