{"id":302388,"date":"2023-09-28T08:02:49","date_gmt":"2023-09-28T04:02:49","guid":{"rendered":"https:\/\/www.villa-vie.com\/?p=302388"},"modified":"2023-09-28T08:02:50","modified_gmt":"2023-09-28T04:02:50","slug":"foreign-buyers-buying-a-new-or-resale-property-in-mauritius","status":"publish","type":"post","link":"https:\/\/www.villa-vie.com\/en\/2023\/09\/foreign-buyers-buying-a-new-or-resale-property-in-mauritius\/","title":{"rendered":"Foreign buyers &#8211; Buying a new or resale property in Mauritius?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.villa-vie.com\/en\/discover-the-authenticity-of-mauritius\/\">Mauritius<\/a> is a destination of choice for many property investors and buyers because of its <a href=\"https:\/\/www.mymauritius.travel\/plan-your-trip\/climate\" target=\"_blank\" rel=\"noreferrer noopener\">pleasant tropical climate<\/a>, picturesque scenery and vibrant economy. When it comes to buying a property, one of the crucial choices buyers face is whether to build new or to resell. There are advantages to both options. In this article, we&#8217;ll explore the various positive and negative aspects of these 2 options.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Advantages of buying a new property :<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1- Design and modernity: <\/strong>New-build properties are designed to meet modern construction and design standards. They generally benefit from more recent finishes and equipment, which can offer greater living comfort.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2- Customisation options: <\/strong>When you buy a new home, you often have the option of adapting certain aspects of the construction to suit your preferences, which can help you create a unique space that meets your needs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3- Less work: <\/strong>Buying a new home means you won&#8217;t have to worry about repairs or renovations for a while. Everything is new and in good working order, which reduces short-term maintenance costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>4- Agency fees offered: <\/strong>When buying a new property in Mauritius, agency fees are often offered by the property developer, which represents a financial advantage for the buyer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Disadvantages of buying a new home :<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1- Construction delays: <\/strong>If you are <a href=\"https:\/\/www.villa-vie.com\/en\/property-for-sale-mauritius-foreigners\/\" target=\"_blank\" rel=\"noreferrer noopener\">buying a property<\/a> that is under construction or <a href=\"https:\/\/www.villa-vie.com\/en\/2022\/09\/what-is-vefa-off-plan-property-sale-in-mauritius\/\">off-plan<\/a>, you will have to wait for the project to be completed, which varies depending on the timescale and can sometimes take a long time.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2- Difficulty planning ahead:<\/strong> When buying a new property, it&#8217;s not always possible to visit it in person, as it may be off-plan or still under construction. This makes it more difficult to project yourself and assess the actual space, which can lead to uncertainty among some buyers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Advantages of buying a resale :<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1- Very little waiting:<\/strong> Unlike new properties, resales are already built, which means you can move into your new home more quickly, without having to wait for construction to be completed.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2- Being able to visit and plan ahead:<\/strong> When you&#8217;re considering buying a property, resale offers you the advantage of being able to visit the finished property. This allows you to immerse yourself directly in the space, assessing its layout and potential, which makes it easier to make your decision.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Disadvantages of buying a resale :<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>1- Renovation work required:<\/strong> Resales may require renovation and maintenance work to bring them up to standard, which can lead to additional costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>2- Possible hidden defects:<\/strong> Some resale properties may have hidden problems or construction faults that are not always visible at the time of purchase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>3- High purchase price:<\/strong> Buying a resale property can sometimes be more expensive than buying a property off-plan. Because it&#8217;s already built and located in a well-established neighbourhood, there may be more demand for it on the property market, which translates into a higher selling price.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mauritius is a destination of choice for many property investors and buyers because of its pleasant tropical climate, picturesque scenery and vibrant economy. When it comes to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":302391,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-302388","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Foreign buyers - Buying a new or resale property in Mauritius?<\/title>\n<meta name=\"description\" content=\"Foreign buyers - Discover the advantages and disadvantages of Buying a new or resale property in Mauritius\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.villa-vie.com\/en\/2023\/08\/foreign-buyers-buying-a-new-or-resale-property-in-mauritius\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign buyers - Buying a new or resale property in Mauritius?\" \/>\n<meta property=\"og:description\" content=\"Foreign buyers - Discover the advantages and disadvantages of Buying a new or resale property in Mauritius\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.villa-vie.com\/en\/2023\/08\/foreign-buyers-buying-a-new-or-resale-property-in-mauritius\/\" \/>\n<meta property=\"og:site_name\" content=\"Villa-Vie\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-28T04:02:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-28T04:02:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.villa-vie.com\/wp-content\/uploads\/2023\/08\/jorg-angeli-1tyuLfDOnG0-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1710\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"athena\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Foreign buyers - Buying a new or resale property in Mauritius?\" \/>\n<meta name=\"twitter:description\" content=\"Foreign buyers - Discover the advantages and disadvantages of Buying a new or resale property in Mauritius\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.villa-vie.com\/wp-content\/uploads\/2023\/08\/jorg-angeli-1tyuLfDOnG0-unsplash-scaled.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"athena\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\\\/\\\/www.villa-vie.com\\\/en\\\/2023\\\/08\\\/foreign-buyers-buying-a-new-or-resale-property-in-mauritius\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.villa-vie.com\\\/en\\\/2023\\\/09\\\/foreign-buyers-buying-a-new-or-resale-property-in-mauritius\\\/\"},\"author\":{\"name\":\"athena\",\"@id\":\"https:\\\/\\\/www.villa-vie.com\\\/#\\\/schema\\\/person\\\/e30eddae3528b02ce846d3d8d200731b\"},\"headline\":\"Foreign buyers &#8211; 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