Welcome to my new blog dedicated to buy a house in the Seychelles. If you're considering buying a house in this paradise, you've come to the right place. The Seychelles are famous for their beautiful white sandy beaches, crystal-clear waters, and preserved natural environment. In this article, we'll give you tips to buy a house in the Seychelles and introduce you to the different options available.
Invest in the Seychelles may seem intimidating, especially if you're a foreigner and not familiar with the country's regulations. However, the Seychelles government encourages foreign investors to buy real estate in the country. In principle, there are no restrictions for foreigners who want to buy property in Seychelles, except for land owned by the state. There are several options to purchase a house in Seychelles.
Most of the houses for sale in the Seychelles are private properties, but it's much preferable to buy a house in a private residential complex or a gated community. It's important to understand the different options to find the property that best suits your needs and your expectations.
If you're looking for a house for sale in the Seychelles, here are some tips that can help you:
Hire an agent or real estate hunter: It's always recommended to work with professionals who are familiar with the country and its regulations. They can help you find the property that meets your search criteria, negotiate prices, and manage administrative formalities that may not be the same as your home country.
Research neighborhoods: The Seychelles are made up of several islands, each with its own characteristics and attractions. Research different neighborhoods to find the one that best suits your needs.
Check urban planning rules: Before buying a house, make sure to check the urban planning rules in the region. It's important to know what the construction limits are and the rules regarding the property. Find out if the property is sold in full ownership or as a leasehold land. Many properties in the Seychelles are on leases.
Negotiate the price: As with any real estate purchase, it's important to negotiate the price of the property. Look at all the offers, how long the property has been on the market, and if renovation work need to be done. The professional who assist you in Seychelles real estate can help you negotiate the price and get the best possible deal.
Check additional fees: In addition to the purchase price of the property, there are additional fees such as notary fee, transfer fee, sanction fee, and whether an agency commission applies to the purchase and who should pay it. Is it the seller, the buyer, or both? Make sure you know all the fees before buying a property, so you don't have any unpleasant surprises and don't have to give up on your dream purchase due to bad calculations.
If you need to take out a bank loan, check in advance with your banker to see if it's possible. Many banks refuse because they can't take out a mortgage on property in the Indian Ocean. However, some local banks can finance up to 50% of the property price, subject to conditions. I can give you more details if needed.
I hope these tips will help you buy your dream house in the Seychelles. If you're looking to buy a house in the Seychelles, contact me to discuss the best real estate deals in the Seychelles: scolas@sandracolas.com
Don't hesitate to contact me for expert advice: scolas@sandracolas.com WhatsApp +230 5474 0302
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