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What is VEFA

Category Frequently Asked Questions

Buying off-plan, referred to as VEFA in Mauritius (Vente en État Futur d'Achèvement), is a contract that allows the buyer to acquire a property that has yet to be built or that is under construction and that the seller or promoter undertakes to deliver the property to the buyer once completed.

Author: Morne Vorster

Submitted 29 Sep 22 / Views 700