Beach resort for sale in Ponta de Ouro, Mozambique

Hidden in a quiet neighbourhood in Ponta Do Ouro, in Southern Mozambique, Casa No Monte offers an investment opportunity that shouldn't be missed. The development is easily found and close to the beach's access.

The Property is two portions of 750sqm each and consist of FOUR self-contained 110sqm log homes. The second having the swimming pool and staff quarters attached.

Ponta do Ouro is located six hours from Johannesburg, and four hours from Durban, and has over the years grown into a very large tourism attraction for South-Africans, with the market expanding every year.

Electricity is supplied by the local municipality, EDM. Water to the houses are supplied by and on-site borehole, JoJo storage tank, and a pressure pump system.

Facilities and amenities:

Each house is equipped and built to the below specifications:

The ground floor is made up of two private rooms, each with their own double bed, cupboards, doors, air-conditioning, etc.

The upper floor is an open loft, consisting of one double bed which sleeps two people, and two 3/4 beds, two cupboards, and air-conditioning

Two bathrooms are located on the ground floor, each with a shower, toilet, and basins.

Kitchens are fully equipped, with a fridge, freezer, microwaves, and cubboards. Built open plan together with the living room.

The veranda walks out from the living room, with picnic-table style seating for 12 people, and a gas BBQ/braai facility.

There is also ample parking for nine to ten vehicles.

Questions and Answers:

Do the owners own the land, or is it under a 99-year lease?

The property and its domiciles are registered in a Mozambican Legal entity, of which directors and shareholders can be amended, added, and changed at any time.

The second portion with the swimming pool and staff quarters have been purchased and agreements in place. Registration has just not yet been verified. With all the paperwork in hand and with a lawyers assistance, this can be registered into the name of the company.

How can the rights, title deeds, and building plans be verified?

Yes. All documentation, ‘alvara', ‘duat', etc. are in place and registered to the business. Building plans are up to date and approved by the local authorities, and all tax and INSS paperwork is up to date.

How does the transfer process work?

Each application could be different depending on the buyer's requirements. It will usually be handled by a Mozambican Attorney who will handle most of the processes. An agreement will be drafted and signed, payment will be made, and then the property will be transferred. It is mostly the same as other countries, except that all paperwork is done IN PERSON and must be original documentation. This mitigates fraudulent transactions.

Is there VAT on the transaction?

Yes, but that is an amount for the seller's account unless otherwise described in the purchase agreement. The buyers pay SISA, which is 2% of the sale value.

The price is 4 million ZAR. Listed in meticais for compliance.