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Despite its apparent simplicity, selling an apartment or a house is a process that requires preparation. There are several steps to selling real estate, none of which should be overlooked. All these steps require the support of a real estate professional.
Choosing a good real estate agent to sell your home is one of the most important decisions you will make. It can mean the difference between a home that sits on the market for months and one that sells quickly, for hundreds of thousands or even millions more.
Your home is a very personal, important and valuable asset, and selling it can be an emotional and complicated undertaking, especially in today’s market. There are many questions and concerns that will need to be addressed, and the advice and consultation you receive can make a huge difference in the outcome.
Marketing and advertising, renovation and/or improvement, photography, internet exposure, staging, design, floor plan measurements, videography, timing and presentation, inspections, pre-market exposure, agent relations, open houses, pricing, and dozens of other nuances and subtleties make the difference between a failure and a successful sale.
JLSK Group is truly an international brokerage agency and offers you a complete service. James Simon is not only a real estate agent, he is also an expert broker and an extremely dynamic entrepreneur. He and his team are experienced and have a proven track record of not only selling homes, but achieving record results for their clients.
What are the good reasons to sell ? Your situation is changing, you are a landlord and you wish to sell, you have another purchase project... Take a look at your property and make a real estate estimate to sell in the best conditions.
How do I sell my home ? What will be the most effective sales mandate ? How to promote my property on the Internet and all other communication media ? Let us help you by making a real estate estimate to sell at the best price and within the set deadlines.
Make the right visits by enhancing the assets of your property. Select candidates and make appointments. Choosing the right buyer : who is he, what is his project and does he correspond to the valuation of your property ? Everything you need to know to avoid making a mistake.
You have found your buyer, it now remains to agree on the finalization of the sale : conclusion of the negotiation, date to vacate the premises... Together you will sign the preliminary sales agreement. Know in advance all the legal obligations: necessary documents, suspensive conditions, choice of the notary...
Frequently Asked Questions
You have finally found the property you wanted, however the road to becoming a homeowner is only at its beginning …
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).
Delays between 2 and 3 months.
For sell 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.
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 Sellers.
Under the Budget Speech 2022/2023, new regulations have been introduced regarding the acquisition of property in Mauritius.
New opportunities and openings have been put in place under the Real Estate and Expatriation section.
Residence permit holders will henceforth be able to acquire a residential property outside the existing schemes for a minimum cost of USD 350,000.
However, a 10% contribution to the Solidarity Fund will be necessary.
With these measures, Mauritius will undoubtedly attract even more foreigners to work and live here.
Other incentives have been put in place to allow the Mauritian population to acquire property seamlessly and with less challenges along the way.
JLSK has created “Business Force” which, associated with the Privilege Mandate, specifies point by point and in writing, the actions that your real estate expert commits to carry out within the framework of the sale of your property. This guarantee offers you a real right of withdrawal in case of failure to fulfil one of these obligations: the guarantee of an efficient and controlled work.
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