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BUY
WITH US
Resales Transactions
Buying a home is one of the most important decisions you will ever make, and good advice and guidance on the choices you make are paramount. The experience and expertise of our Experts is essential, and will make a significant difference in ensuring that you not only find the right home in the right place, but that you also pay the best price.
At JLSK Group, we not only have in-depth knowledge of the market, but we also have access to many properties that are not on the market and we are aware of properties that are about to be listed.
Most importantly, we are acutely aware of the nuances that determine value and are discerning about the quality of construction, materials and craftsmanship. We will listen to your needs to find you the perfect home and ensure that you make an informed and educated decision.
Once you have chosen a property, we will represent your interests vehemently throughout the buying process, negotiating the best possible purchase price. We will also advise you on how to improve the home, including furnishings and design, as well as potential renovation and expansion ideas.
Please contact us to arrange an appointment.
Buying With JLSK
The Advantages !
Buying With JLSK
The Advantages !
Time
A Significant Time Saving
Because it will be yours, but also because your needs are unique, the home you are looking for is unlike any other. In order to offer you the property solution that best meets your needs and aspirations, your JLSK Expert takes the time to get to know you well. All the parameters are carefully studied to enable you to limit unnecessary visits to unsuitable properties: a time-saver that is much appreciated by clients !
Choice
A Wide Range of Choices
Thanks to its reputation, its size, the number of agencies and offices and the number of mandates entrusted to it, the JLSK network guarantees you a very wide choice of properties likely to suit you.
This is the guarantee of a good decision.
This is the guarantee of a good decision.
Price
The Certainty of the Right Price
The JLSK Experts have an exclusive estimation method: the Comparative Market Analysis.
This study, carried out by the Expert for his seller client, ensures you of a realistic and reliable sale price.
This study, carried out by the Expert for his seller client, ensures you of a realistic and reliable sale price.
Expertise
Unique Expertise
JLSK brings together all the skills needed to offer you a complete service for better management of your assets (financing, taxation, etc.). Each member of staff receives professional and continuous training to enable them to update their knowledge and to be able to fully meet their clients' expectations.
Knowledge
In-Depth Local Knowledge
Beyond your home, your environment is also a fundamental element of your well-being. This is why your search is considered in its entirety. Established and rooted in a specific geographical area, JLSK Experts have in-depth knowledge of the geographical areas in which they are located, which they will pass on to you. A knowledge of the local market anchored by a long history in the sector.
Quality
Constant Quality Control
To measure customer satisfaction, JLSK regularly questions customers who have bought, rented or sold a property.
In addition, in order to maintain a high level of standards, the Customer Relations Department pilots and plans telephone calls and sends mystery emails to all our real estate experts.
Efficiency
Efficient Communication
Outdoor signs affixed to properties for sale, press insertions, website, commercial operations, communication on national and international media, actions on all social networks: JLSK designs and implements a large number of actions intended to help you find your future home.
Benefits
Exclusive Benefits
JLSK has concluded privileged partnership agreements with numerous service providers for the benefit of its clients (banks, insurance companies, 5* hotels, gourmet restaurants, luxury car rental, etc.).
Expertise
Unique Expertise
JLSK brings together all the skills needed to offer you a complete service for better management of your assets (financing, taxation, etc.). Each member of staff receives professional and continuous training to enable them to update their knowledge and to be able to fully meet their clients' expectations.
Knowledge
In-Depth Local Knowledge
Beyond your home, your environment is also a fundamental element of your well-being. This is why your search is considered in its entirety. Established and rooted in a specific geographical area, JLSK Experts have in-depth knowledge of the geographical areas in which they are located, which they will pass on to you. A knowledge of the local market anchored by a long history in the sector.
Quality
Constant Quality Control
To measure customer satisfaction, JLSK regularly questions customers who have bought, rented or sold a property.
In addition, in order to maintain a high level of standards, the Customer Relations Department pilots and plans telephone calls and sends mystery emails to all our real estate experts.
Efficiency
Efficient Communication
Outdoor signs affixed to properties for sale, press insertions, website, commercial operations, communication on national and international media, actions on all social networks: JLSK designs and implements a large number of actions intended to help you find your future home.
Benefits
Exclusive Benefits
JLSK has concluded privileged partnership agreements with numerous service providers for the benefit of its clients (banks, insurance companies, 5* hotels, gourmet restaurants, luxury car rental, etc.).
Steps to Buy a Resale Property
1
SET YOUR BUDGET
What are the acquisition costs ? What is my repayment capacity ? What types of financing or loans are available ? What should I take into account in my overall budget ? How do I put together my loan application ? These are all things you need to know to buy with peace of mind !
2
DEFINE YOUR PROJECT
Why become a homeowner ? Which home to choose ? With or without works ? Which status will be the most advantageous for me ? In this file you will find all the answers to help you set up your property project.
3
FIND YOUR HOME
Taking the time to look for your property, knowing the means available to find your home, choosing an estate agent, visiting the property and getting to know the surrounding area... What do you need to know to choose the right house or flat ?
4
FINALISE
To finalise the purchase of a property, it is important to have all the elements in hand, and to know all the stages of the purchase (pre-contract, deposit, conditions precedent, notary, etc.) and, of course, to obtain the agreement to purchase from the competent authorities.
Frequently Asked Questions
Common Questions
What the first step of the home buying process ?
You have finally found the property you wanted, however the road to becoming a homeowner is only at its beginning …
- Before signing any deeds and compromise of sale, the Notary or the real estate agency will have to verify your identity (KYC) and the origin of the funds intended for the acquisition. You will have to produce the necessary information (ask us for the list). Delays from 7 to 15 days.
- Signature of the compromise or the promise to sell at the Notary. *In Mauritius the civil code is derived from the Napoleonic code (French Civil Code) with some particularities.
To this effect, the French can exchange and be assisted by their Notary if necessary.
Usually, a deposit will be required (between 0 and 10% of the sale price).
This amount will have to be paid exclusively into the escrow account of the notary who will draw up the deed of sale.
In Mauritius, the sale can be made in Rupee (Mur) but also in foreign currency (USD or Euro).
- The Notary or your representative will have to issue an official request to the Economic Development Board (EDB) in order to ask for an authorization concerning this acquisition (for foreigners).
Delays between 2 and 3 months.
- Upon receipt of the “Letter of Aproval” from the EDB, the next step is to sign the deed of sale.
How long does it take to buy a home ?
For the acquisition of a residential property, it can take between 2 and 3 months or more for foreigners. For Mauritians, the delay is shorter.
It also depends on the formalities to be completed in case of acquisition by a SCI, LTD, Registred Company or by a Trust or a Foundation.
How much do I need for a down payment ?
To reserve a property within the framework of the signature of a compromise or a promise of sale between 0 and 10% of the selling price.
In the context of a loan application, depending on the pre-study carried out by the financial institution, you will be asked to make a contribution of between 20 and 40% minimum.
How much do I have to pay an agent ?
In Mauritius, there is no particular regulation related to the agent fees, nevertheless, in a usual way, the agents perceive between 2 and 3% without VAT from Purchasers.
What type of investment scheme allows foreigners to buy a property in Mauritius ?
Several investment schemes have been put in place by the Mauritian authorities to encourage foreigners to invest and buy real estate in Mauritius.
These schemes are the following:
- IRS: Integrated Resort Scheme
- RES: Real Estate Scheme
- IHS: Investment Hotel Scheme
- PDS: Property Development Scheme
- Ground +2: A building with a minimum of 2 floors in co-ownership.
- Smart City: Intelligent City
For a complete list of current developments, please contact us.