FAQ

The Republic of Seychelles is an archipelagic island country in the Indian Ocean at the eastern edge of the Somali Sea. It consists of 115 islands. Its capital and largest city, Victoria, lies 1,500 kilometers (932 mi) east of mainland Africa. Other nearby island countries and territories include Comoros, Mayotte (Territory of France), Madagascar, Réunion (Territory of France), and Mauritius to the south; as well as the Maldives and Chagos Archipelago to the east. With a population of roughly 94,367, it has the smallest population of any sovereign African country.


Since proclaiming independence from the United Kingdom in 1976, Seychelles has developed from a largely agricultural society to a market-based diversified economy, characterized by rapidly rising service, public sector, and tourism activities. Since the late 2010s, the government has taken steps to encourage foreign investment.

Tourism, plantation (cinnamon, vanilla, copra), exports of processed fish and non-fillet frozen fish

Direct flights from Dubai, Abu Dhabi, Doha, Istanbul, London, Paris, Frankfurt, Zurich, Addis Ababa, Nairobi, Johannesburg, Colombo, Tel Aviv, Mumbai, Sainte Denis, Mauritius.

One Bayview is located on the main island, Mahé. The distance to the airport is 15 minutes and to the capital city Victoria 10 minutes.

Angel Fish Property Development Company (Seychelles) Limited

The CEO of One Bayview is Achim Leiss.

Angel Fish Ltd. was founded in 1999 and is characterized by experience in establishing commercial developments and touristic facilities in Seychelles – the perfect foundation for One Bayview Residences.

There is a management and organizational structure in place in Seychelles which manages the day to day operations of the Company, reporting to the CEO.  In addition, various firms of professional consultants  bring a broad range of essential project management, architectural, urban design, environmental, engineering, sales, marketing, financial and legal expertise to the project.

The developers and the project consultants have extensive local and international experience in property developments for more than 20 years.

The shareholders have invested substantial equity into the project. Development Financing in Corporation with SCP (Seychelles Condominium Project Gmbh. & Co. Kg. / Germany)

Owners of condominiums at One Bayview are members of the Bayview Management Association (BMA) which manages the day to day operation, maintenance, services etc. Monthly levies are raised to cover water, security, general maintenance costs, etc.

The condominium fee / levies are calculated with US$ 4,50 per sqm per month.

The One Bayview concierge offers services such as housekeeping, maintenance of the air-con, satellite TV, Internet installations, laundry services and helps the owner organizing tours, flights and transfers. 


Common areas are i.e. lobby area, the gym, condo-pool and terrace deck, common gardens, underground parking, common walkways, main lobby

The regular opening hours are from 7:00 to 23:00 hrs.

The regular opening hours are from 10:00 to 23:00 hrs

No.

Yes, an extensive spa menu is available.

Each Owner can open an internal BMA Account. As well regular payments via cash or credit cards.

The regular opening hours are from 9:00 to 18:00 hrs.

The regular opening hours are from 8:00 to 22:00 hrs.

Yes, at designated common areas.

The monthly fees are a nominal amount plus such amount as is necessary to cover levies applicable.

The developer has entered into agreements with the Government of the Republic of Seychelles. The developer currently holds the freehold title in the residential development and accordingly freehold title will be passed to all purchasers.

Yes, an owner may not sell his unit without first giving the developer the first right of refusal to acquire the unit back at market value.

Property ownership may be transferred as of right to a Seychellois national, and with Government sanction to a non-Seychellois as required under the Immovable Property (Transfer Restriction) Act.

Individual ownership, co-ownership, corporate ownership and ownership as a partnership.

It can be transferred either by way of a sale of the shares of the corporate body that owns the property or by way of selling the immovable property out of the corporate body. If the intended transferee is a non-Seychellois national, Seychelles Government sanction is required under the Immovable Property (Transfer Restriction) Act.

Purchasers should seek their own advice in relation to the structuring of their ownership.

No

Yes, but only indirectly as a shareholder of the purchasing entity. The most common purchasing entity is a domestic Seychelles company.

Yes, they can, but minors cannot sell the immovable property during their minority without the permission of the Supreme Court of the Republic of Seychelles.

Seychelles law will apply, and the court of competent jurisdiction is the Supreme Court of the Republic of Seychelles.

Any purchaser may transact anywhere in the world and in any currency and no forex is required to go onshore to the Seychelles, except for the 6.5% stamp duty and sanction fee that has to go to the government of the Seychelles for purposes of registration of this transfer of any on sales; 


Not at Present

The government is preparing a possible tax on properties for foreigners of 0.25% per annum of the capital value of the property.

Yes, but only indirectly as a shareholder of the purchasing entity. The most common purchasing entity is a domestic Seychelles company . The foreign company is required to obtain government sanction in terms of the Immovable Property (Transfer Restriction) Act.

Prior to sales documentation being finalized, a simple unit reservation process is in place. This enables purchasers to reserve units of their choice ahead of signing up an agreement of sale. A reservation fee of € 5,000 is payable to reserve an 2-bed apartment, € 10,000 to reserve a 3-bed apartment with or without swimming pool, and € 20,000 to reserve a penthouse at One Bayview.

All agreements of sale are available for signature and must be signed within 14 calendar days after delivery to the purchaser.

The sales price includes:

1x Parking space per unit is included in the underground parking area at no extra costs.

Yes. The storage size is related to the apartment size, between 5 sqm to 12 sqm.

A 10 % initial payment is due on signature of the sales agreement. In the event that a purchaser had already reserved a unit and paid the reservation fee then this will form part of the initial payment. This initial payment will be held in an escrow account until transfer.

Yes. The developer together with our interior designer from London, ARA Design, has designed and wisely selected furniture, fixtures, decoration for the project, to keeping a design line.

Yes, (standard warranty) for all fixtures and fittings.

Within reason the floor plates could be adjusted. However the vertical services would need to be maintained.

No.

Each agreement of sale will specify the estimated transfer and occupation date.

The purchaser pays the purchase price in the escrow account as follows:

Exclusive for "One Bayview Residences", the purchase of new unit has no taxes or notary fees.

Any purchaser (up to a maximum of 6 persons) together with his or her spouse and children under the age of 18 years. Terms and conditions apply.

Yes. With investments over US$ 2.0 Million.

Nominees of that company (up to a maximum of 6 persons) together with his or her spouse and children under the age of 18 years. Terms and conditions apply.

Normal import taxes as applicable to all persons. All purchasers should obtain individual advice as to these imports.

No

None.

A return ticket and adequate funds to maintain yourself during your stay in the Seychelles.

The One Bayview rental service will operate exclusively for One Bayview residents who wish to rent out their units. Further information about this will be provided in due course.

These are exhibited at One Bayview Sales Villa in Seychelles and are posted on the website. Fully fledged furniture supply service is provided in cooperation with ARA Design London.

The developer is in the process to finalize the leading Seychellois contractor, for all building works. Information about this will be provided in due course.

Yes. The interior team will offer new / other items considering the owner's preference and take care about the order, shipping and installation process.

The BMA will be happy to assist owners to organizing repairs or new orderings for damaged furniture products.

To help you quickly and easily to purchase a property in Seychelles, we offer our comprehensive full-service support.