The Financial Crimes Commission (FCC) of Mauritius has initiated a public tender process for the sale of eight properties that have been confiscated through court orders. These properties, which include houses, apartments, and land, are being sold in their current condition. The FCC is offering a diverse portfolio of assets, including a residential property in Albion, another in La Cocoterie, Baie-du-Tombeau, three apartments in Blue-Bay Holiday Resort and Laguna Court, Flic-en-Flac, and three plots of land in Sodnac, Beau-Séjour, Quatre-Bornes, and Indiana Street, Terre-Rouge.

The properties on offer vary in size and location. The residential property in Albion sits on a 358.20 square meter plot with a construction area of approximately 103 square meters. The property in La Cocoterie, Baie-du-Tombeau, is situated on a 385.50 square meter plot with a construction area of around 250 square meters. The three apartments being sold are located in popular tourist areas, while the plots of land offer opportunities for development in various parts of the island.

Interested buyers can visit the properties until October 2, with some visits requiring prior appointment. The FCC emphasizes that the properties are being sold "as is," with no guarantees provided regarding their condition, quality, or suitability for the buyer's intended use. Buyers must submit their offers by October 30, 14:00, at the FCC's headquarters in Réduit Triangle. Each submission must include required identification or registration documents and a check representing 10% of the proposed price.

The FCC will evaluate the submissions based on their conformity and financial and legal checks. The highest offer does not automatically guarantee the award of the property. The Commission reserves the right to reject any offer. Successful bidders will be responsible for notary fees, taxes, and registration rights. They will have one month to sign the deed and three months to pay the full price.

The public tender process is part of the FCC's efforts to dispose of assets confiscated through court orders. The sale of these properties will contribute to the Commission's work in combating financial crimes in Mauritius. The FCC's initiative offers opportunities for buyers to acquire properties in various locations across the island.

The properties being sold are a mix of residential and commercial assets. The FCC's decision to sell these properties aims to maximize their value and ensure their optimal use. Potential buyers are advised to conduct their own due diligence on the properties, given that they are being sold in their current condition.

The FCC's public tender process for the eight confiscated properties will close on October 30. Interested buyers are encouraged to review the properties and submit their offers within the specified timeframe. The Commission will assess the submissions and award the properties based on their evaluation criteria.

Key points

  • The Financial Crimes Commission of Mauritius is selling eight properties confiscated through court orders.
  • The properties include houses, apartments, and land in various locations across the island.
  • Interested buyers must submit their offers by October 30, 14:00, at the FCC's headquarters.

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SaharaWire Newsroom
SaharaWire

Reporting for SaharaWire from the Nairobi bureau.