Purchase Process
Purchase Enquiries
When you first make contact, we will work with you to develop your personal property plan before you commit to any property purchase. We will assign a personal property consultant to you who will cover the following issues:
- Your reasons for investment and what you aim to achieve.
- Property inspection trip options.
- Property purchase legal processes and costs.
- Payment plan options
- Finance options should you wish to proceed.
If you would like to speak with an advisor then please contact us or fill in the form.
Purchase Process
- A purchase contract is signed by the buyer and developer detailing build specifications, completion date and payment procedures. On signing of the contract the first instalment becomes payable.
- An application for security clearance is then submitted to the land registry office as all property purchases by foreigners are subject to military approval.
- During construction clients will be regularly updated by Mandalya Property Investments on build progress with photographic evidence provided and will be advised when instalments are due.
- On completion of the property and the receipt of military clearance, arrangements are then made to have the title deeds (Tapu) transferred into the buyer(s) name. On the date of transfer, the buyer either has to attend to sign for the Tapu or to appoint a Power of Attorney to sign on their behalf. At this stage the final instalment plus all fees and taxes relating to the property sale need to be paid. The new Tapu is then issued with the new owner’s details and registered with the government land registry.
Purchase Costs
- Solicitor's fees
- Land registration fees
- Purchase tax
- Utility connection
Management & Maintenance Costs
Communal maintenance charges include:
- Maintenance, repair and cleaning of swimming pool, gardens & communal areas
- Complex irrigation & electricity
- 24hr Security