There are different ways to go about Pricing and Marketing when it comes to properties. The ones we propose are listed below generally ranging from Least time to market & minimum cost/price to Most time to market & maximum cost/price. You choose which one would suit you the best.

1. As Is Purchase/Sale only with the following 2 options (may be chosen interchangeably for all the next options)

   • At Fixed Customer Estimated Price (Least time to market & Minimum Cost/Price)

or

1. • As per Valuation Report Price (Note: Price may decrease if property has been overvalued but a fair deal is guaranteed for both parties)

2. Option 1 + Project Plans to apply for Building and Land Use Permit (a.k.a BLP/BLUP) without the actual permit - Buyer may apply for permit using those plans under condition that application is done immediately after the sale is concluded

3. Option 2 + BLUP - Buyer may use the BLUP to apply for Utilities and start construction within 2 years of permit issue date

4. Option 3 + completed application for Utilities (Water, Electricity, Internet) - Buyer may start construction immediately or within 2 years of permit issue date with the added advantage of being able to start works to install utilities as approved by the respective utility service provider. 

5. Option 4 + Completed Contracting works for Utilities (Water, Electricity, Internet) - Buyer may start construction immediately or within 2 years of permit issue date with the added advantage of being able to install CCTV to monitor the construction site

6. Option 5 + Completed Contracting works for building and landscape

7. Option 6 + full furnishing of all rooms and exterior (most time to market & maximum Cost/Price)

Quite often we have to deal with missing documents; perhaps lost or misplaced while being passed down to generations. Sometimes, the documents available are too old to be processed. We are used to handling those situations.

• We collect maximum information from you so our Research Team may attempt to retrieve the necessary documents from public records.

• We might need to send out our Land Surveying Team on site so as to take necessary action(s) to obtain relevant official paperwork from the authorities defining the property.

• We might need to apply for a Building and Land Use Permit with the local authority in some special cases.

• We might need to send out our Engineering Team on site to take measurements and draw out necessary plans.

Note: We will also require that the parties directly provide us with some of the elements we require for which we have no option but to solicit your collaboration.

This is the worst possible situation we have to deal with.

We usually propose to have a first meeting with all parties involved to come to a solution. Distance is not a problem as we solve this with remote work tools.

If the first meeting does not resolve the situation, we propose a meeting with a legal professional approved by all parties. 

If the situation remains as is, the only solution is to have to resort to Courts of Law. We always advise our clients to avoid this scenario as legal battles are stressful, time consuming, and costly. 

As long as they qualify for their respective role as buyer/seller, we will handle things for you here with a local representative of your choice and we are even willing to represent you if you have nobody. 

We will have one of our legal professionals contact a legal professional in your country to move things forward. We will keep you updated all the time with the remote tools we have. 

In fact if you are in the UK, we can suggest a trusted Solicitor we work with.

As for monetary transactions, if you do not have a local bank account, the transaction does take longer as we will need your IBAN for the notary to wire transfer your money to your foreign account.

We are already working with companies and this is not new to us.

We will handle everything for you, including travelling to get hard copies signed by you and other signatories except for the things that we cannot handle in your stead including but not limited to:

• Issuing recent Birth Certificate

• Contract Signing

• Obtaining your bank statement 

This is a tough one as our preferred notaries work only with original documents to avoid any kind of fraud. Furthermore, for all property purchases/sales the authorities are notified so they can perform necessary checks about the purchase/sale. We also prefer it that way. We will only work with copies in special circumstances where another document is guaranteeing the legitimacy of the copy being used for the purchase.

• For property purchase or sale only (no other contribution at all), we charge a flat rate of 2% of the price of the property as per the price listed on the title deed during the sale + VAT from the party(ies) we are representing (buyer, seller or both).

• For marketing (including our website, networking platforms and social media marketing), paperwork handling and anything else, please contact us for a quote.

• Payments to UNEEDWAT LTD are strictly PIA or COD depending on the service availed unless credit facilities have been authorised by UNEEDWAT LTD's owner. The bank is authorised to block the sale transaction and the documents unless the same is approved by Uneewat Ltd's owner.

The objective of selling is obviously to obtain more value for the money invested in return. However, when it comes to properties, usually the more you invest in the right direction, the more you give value to your property. This inherently means that you can legitimately ask more for your property at selling time.

Whether you should invest resources (and how much) or not before selling is entirely up to you. We will provide you with estimates/quotes so you can make informed decisions. We advise our clients to make their decisions based on their financial situation, time constraints, and stress level.

Yes, foreigners can buy property in Mauritius. However, there are certain restrictions on the type of property that can be purchased and the location. Foreigners must obtain an Integrated Resort Scheme (IRS), Real Estate Scheme (RES), or Property Development Scheme (PDS) permit in order to purchase property in Mauritius.

The most popular areas to buy property in Mauritius are Grand Baie, Tamarin, Trou aux Biches, Flic en Flac, and Black River. These areas are known for their beautiful beaches, stunning scenery, and vibrant communities. There is also a growing demand for properties in the middle of the island in Moka Smart City and its surroundings.

The average cost of property in Mauritius varies depending on the location and type of property. For example, a luxury villa in a prime location could cost upwards of $1 million (about MUR 45,000,000), while a smaller apartment in a less desirable location could be as low as $100,000 (about MUR 4,500,000).

The process for buying property in Mauritius involves obtaining the necessary permits, finding a property, making an offer, and completing the sale.

The taxes associated with buying property in Mauritius include a registration duty of 5% of the purchase price, a notary fee of 1.15% of the purchase price, and a land transfer tax of 5% of the purchase price (which may or may not be waived off by the Government according to the relevant legislation). There are also additional taxes for a property sold by a company such as income tax and/or VAT.

Yes, it is possible to get a loan/mortgage to buy property in Mauritius. However, the process can be more complex for foreigners and it is recommended to work with a local bank or a broker who can help you navigate the requirements.

There are no residency requirements for buying property in Mauritius. However, if you plan to stay in Mauritius for an extended period of time, you may need to obtain a residence permit.

The rental market in Mauritius is strong, particularly in popular areas such as Grand Baie and Tamarin. Rental prices vary depending on the location and type of property, but a one-bedroom luxury apartment in a decent location could rent for around $500 (MUR 22,500)-$1,000 (MUR 45,000) per month.

The process for renting out a property in Mauritius involves finding a tenant, signing a lease/rental agreement, and collecting rent. A rent book is required to keep records of rent collected. It is recommended to work with a local property management company who can handle the day-to-day tasks of managing the property and dealing with tenants.

The property management fees in Mauritius vary depending on the type of property and services provided. Generally, property management companies charge a percentage of the rental income, typically around 10%. There may also be additional fees for services such as maintenance, repairs and dealing with the tenant on your behalf.

An exemption on the Registration Duty of 5% is available to buyers for certain types of properties if the buyer qualifies as "First time buyer" under section 27 of the Registration Duty Act 1804 and signs a declaration in that respect. You shall qualify as "First time buyer" provided that – 

(i) you acquire the portion of freehold bare land, or the right to construct a residential building on top of an existing building (droit de surélévation) together with your quote-part on a freehold land, for the sole purpose of constructing a residential building;

(ii) you undertake to start the construction of the residential building within a period of one year, and to complete the construction within a period of 3 years, from the date of transfer;

(iii) you have not already benefitted from any reduction as "First time buyer" on or after 29 July 2016; 

(iv) you were not the sole owner of any immovable property in or outside Mauritius as at 29 July 2016; 

(v) you are or were the –

(A) owner of an immovable property acquired by inheritance and the land area is less than 20 perches or 844 square metres; or 

(B) co-owner of an immovable property acquired by inheritance and their share in that property is less than 20 perches or 844 square metres.

(va) where you are or were the co-owner of an immovable property, the immovable property is or was acquired before 9 November 2012 and is, or was, not of an extent exceeding 211 square metres; 

(vb)  where he and his spouse, married under the regime of legal community of goods and property, have not benefitted from a reduction or benefitted once under this subsection or subsection (5); 

(vc)  where you and your spouse, married under the regime of legal community of goods and property, have not already benefitted from a reduction twice under this subsection or subsection (5); 

(vi) your total income, in the income year in which the transfer is made, does not exceed, in the aggregate, 2 million rupees;

(vii) you are a citizen of Mauritius;

(viii) the transfer is not in respect of an immovable property, or any part thereof, acquired under the Investment Promotion (Real Estate Development Scheme) Regulations 2007; and 

(ix) the extent of the immovable property does not exceed 844 square metres or 20 perches;

Note: If you sell a property acquired as "First time buyer" under a year, you shall be required to refund the amount exempted.

1. Notary Fees (Generally Applicable - Not applicable for property development schemes such as IRS, RES, PDS or others) - Buyer 

• 2% on the first Rs 250,000 + VAT 15% (minimum charge of Rs 1,000 + VAT 15%) 

• 1½% or 1.5 % on the next Rs 500,000 + VAT 15%

• 1% on the next Rs 1,000,000 + VAT 15%

• ½% or 0.5% on the remainder + VAT 15%

Note: For certain property development schemes such as IRS, RES, PDS or others, it is possible that the notary will charge differently from the fees described above e.x a fixed percentage to account for complexity in the documentation (e.g Règlement de Copropriété  or Home Owners Association (HOA) Agreements, Deed of Sales, etc. Generally a fee of 1% + VAT  is common in such cases.

2. Administrative Fees (Formerly known as 'Stamp Duty') - Buyer 

• MUR 1,700 (Minimum) - 10,000 (Generally Expected) 

3. Taxes (Generally applicable Taxes - not applicable for all transactions)

General taxes for the purchase/sale of property

• For Buyer: Registration Duty of 5% of the value of the property (Exemption is available for certain types of properties if the buyer qualifies as "First time buyer" under section 27 of the Registration Duty Act 1804 and signs a declaration in that respect) 

• For Seller: Land Transfer Tax of 5% of the value of the property

Note:  Other taxes may be applicable on the sale depending on the transaction (e.g transfer of leasehold rights in State Land)