HS188 - Urgent sale! Penthouse, Trianon at Le Meritt Genesis
Penthouse 11th Floor with a stunning view
Land Area: Approx. 1A60
Penthouse Area: 260 sqm (2800 sqft)
Type of land: Co-ownership
No. of Parking/Garage: 3
Ideal for a family or a potential investor. Can be purchased by a Foreigner through Board of Investment. Unique Investment Opportunity.
Close to Main Shopping Malls (Jumbo, Shoprite, Bagatelle etc.)
Best Private and Public Schools of Mauritius
Close to Hospital, Clinics, etc., Winners, Grand Bay, Ebene, QBornes, Port Louis & Easy access from Highways
No. of Bedroom 3 which can be split into 4 (2 Ensuite)
No. Of Bathroom 3
No. of Living 1
No. of American Kitchen 1
No. of Terrace 1
Private Jacuzzi/Plunge Pool 1 (for 6 persons)
Interphone/Videophone 1
TECHNICAL DETAILS COMMON FACILITIES
Swimming Pool: 25 mt Pool
Jacuzzi 6 - 8 persons
Mini Golf/Putting Green
Kids’ Pool
Kids’ Playground
Multipurpose Gym
Common Toilets
Jogging Track
Security: 24 hr CCTV Camera & Watchmen, Interphone, Videophone
Valuation report estimate property market value at Rs 11M - report available on request
EXTRACT FROM THE WEBSITE OF THE BOARD OF INVESTMENT, MAURITIUS:
Acquisition of a Residential Unit by a Non-Citizen:
The Non-Citizens (Property Restriction) Act has been amended on 20 December 2016 to allow foreigners to purchase apartments in condominium developments of at least two levels above ground (G+2) with the prior approval of the Board of Investment.
The amount payable for the acquisition of an apartment must not be less than USD 171,000 (MUR 6 million) or its equivalent in any other freely convertible foreign currency.
Any non-citizen, with or without an occupation permit, residence permit, permanent residence permit, may acquire apartments.
Thus, there is no restriction for non-citizens who wish to acquire an apartment located in a building comprising at least two floors above the ground floor.
DEFINITION OF APARTMENT:
An ‘apartment’ is defined as a residential unit that forms part within blocks of residential dwellings located in a building of at least 2 floors above ground floor.
On approval of the application, the non-citizen will be entitled to buy one or more apartment(s), together with part of the common areas collectively owned in "copropriété" in proportion relating to the size of the apartment.
