Buying Mauritius Buying Mauritius | Page 50

MAURITIUS LAND FOR SALE Viability and utilities Analyze how developed the area around you is. You’ll want to ensure it checks these fundamental boxes: electricity, running water, telephone line, and cable services. If these don’t exist in the area, establishing them will be more hassle than it’s worth. Check to see if the land is mostly rocky. QUICK Ensure that the measurements of the plot and its borders are accurate and SEARCH check its topography too. You can do this with the help of a recognised surveyor. The next step is evaluation. Once the surveying’s done, call in an CONTENT evaluator to give you an idea of the plot’s actual value. His findings could come handy while negotiating with the owner for a reasonable price. EDITOR’S LETTER BUYING PROPERTY PROPERTY FOR SALE PROJECT FOR SALE PRIME HOME WEST COAST Housing estate A major cogwheel in the smooth functions of a community, the housing estate should be on your priority list. If the land is part of a housing estate, refer to the division regulations and specifications. Most of the time, new luxury housing estates require abiding to strict building regulations. These may increase your costs considerably. Make sure you can afford it. BANKING WEST INSURANCE The notary RENTING WEST The vendor will choose the notary and pay for his services. He will then take LAND FOR SALE the Title Deeds and check with the Registrar General to confirm whether the land actually belongs to the owner and if the plot has been mortgaged. DRIVING NORTH COAST The sale BANKING NORTH Once all the matters are settled between the parties, a preliminary RELOCATION FINANCE TRAVEL agreement (not legally certified) is drawn up. This agreement can be done under private signature ie between the buyer and the seller. However, in order to guarantee its validity, you are advised to refer to a notary. Important tip: Most sellers will require a guarantee deposit, which you should entrust to your solicitor’s safekeeping until the transaction is carried out. LAWYER 50 YOUR ACCESS TO MAURITIUS LIFE