For this reason, foreigners tend to favour purchasing an existing property and modifying and renovating it to their own requirements. Holiday Villas Luxury residences in outstanding settings are occasionally offered for short-term holiday rental, enabling small groups or families to enjoy private and individually tailored vacations in the location of their choice. All utilities and internal repairs are normally to the charge of the tenant. Depending on circumstances, properties are sometimes provided with full maid and gardener service. Tenants planning to purchase the properties they are renting can enter into tenancy agreements with the option of purchasing by a specific date at an agreed price.
Formalities are minimal but can take up to three months to process.
Lawyers are usually employed to handle the paperwork which includes a Police clearance from the candidate's place of residence, a banker's reference and a character reference. The formalities lead to the securing of an Aliens' Landholding Permit. The island has a sizeable and growing population of foreign permanent or part-time residents. These properties do not remain on the market for very long however and there may not be any available at the time of the prospective purchaser's visit. In this role we have formal policies governing our activities to ensure that our focus is on the buyer and that we work in his or her interest rather than in the interest of the seller.