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About Buying

The team at Lucky Star Construction will assist you through each step of the planing process to ensure a stress free experience.

 

Buying Guide

  • Confirm Your Finances & Understand the planning and building your First Business or Private Propterty in Somaliland

    Know what your budget is and stick to it. If you need to pay installments to build your property of your choice make sure you have agreed it in principle before we start the Concstruction.

     

    Do your Home Work and be aware of the Rules and the Regulations of buying Land or Properties in Somaliland and make sure you the Right People are behind you.

     

     

    Our Business is open for all. Both Somalilanders and Foriegners can build with their own name registered with the Local Government.

    On the transfer of ownership at the land registry office the buyer has to verify, that signatures of the Seller to avoid any disputes at a later Stage. In order to verify the Seller must be present and and sign the ownership Document.

     

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    If you meet these conditions you can be registered as the legal owner and you can do with the property whatever you want, you can sell it, you can rent it out.


    Setting up a Real Estate in Somaliland.
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    Forigners do not need a special Visa to buy Properties in Somaliland. A valid passport and a Letter from the Local GOvernment is sufficient.


    Remember, if there is something you don't understand, just ask us, we are here to help you.

Make a Wish List

Buying a property is almost always a compromise of one sort or another, so be sensible. Split your list into "must have" and "nice to have". Of course there are many things to take into consideration when choosing a property, but if you can make your wish list available to your agent it will help him to find suitable properties for you to view.

 

Do Your Home Work

Research the area you are interested in.

Find your Agent

It may seem tempting to build your own Property, but in every circumstance we would recommend the use Lucky Start , We are ready and extremely helpful to our Clients. We have the local knowledge to find the place and the property of your choice. Additionally by using Lucky Star you will have the peace of mind and reassurance that they are fully experienced and abide by a strict Code of Practise.

 

Viewing

Discuss with one our Agents the properties that you may be interested. Make a short list and arrange to view

 

Make a Decision

Once you have decided to buy or Build a property ,the first step is to make a verbal agreement. This should be made through one of our Offices. Once you make the Verbal agreement please make sure you are in a position to proceed to sign the agreement.

 

Instruct a Solicitor

To formalize your offer you will need to instruct a solicitor. We will help you with this.

 

Holding Deposit

Should you agree to proceed with ?.

 

 

Reservation Contract ( Option to Buy

This document will be prepared by your one of our Representatives . The document states out all the agreed terms and conditions , and states a date for completion. At this stage you will be required to pay a 10% deposit which is non refundable if you do not complete by the agreed date. Please be aware that this is a legally binding contract in Somaliland.

 

 

Completion

 

Note Cost :

There are Fees to Pay :

Solicitors fees

Property registration fees

 

Surveyor fees

 

Taxes

 

 

 

Additionally there are Taxes to Pay :

 

The local system of taxing property is based on an arbitrary assessed value as determined by the local Land Department.

Transfer Fees and Taxes at the land office.


1. Land registration (transfer fee) of 2.0% of assessed value of the property.
2. Stamp Duty Fee of 0.5% of the assessed value or the sale price - whichever is higher.

 

 

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    Who pays what?

    Make sure you understand what you are paying for.

  • There are many Areas in Somaliland to buil or buy a Property, Apartments, Town Houses and Land for sale. We at Lucky Star will help you find the right property in the correct location with a reasonable Price.

 

Selling Information

If you are looking your quality Assured properties in Somaliland, there is one thing you would have to consider. Visit one of Offices in Hargiesa and have a Face to Face Discusion with Eng Hassan.

Imagine you were looking to purchase your dream property, but the property you find is being sold privately, there is a good chance that as you may not be from the area and unfamiliar with both the legal & tax side of things that you would not feel comfortable in purchasing privately. We at Lucky Star offer a choice of advertising service options all of which offer a lower fee compared to others.

For further information Call

 

unionjack

Somali & English Speaking. Please Call +00252-2-528969

 

E-Mail us here

 

  • Search us on Skype : Lukcy Star

 

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Our Features

For further information Call

 

unionjack

Somali & English Speaking. Please Call +00252-2-528969

 

E-Mail us here

 

 

 

Services We Offer

We offer the following services as standard covering all areas of Hargiesa.

 

  • Key Holding
  • Meet and Greet
  • Villa Cleaning
  • Part Property Management
  • Full Property Management
  • Building Maintenance
  • Garden Maintenance
  • Property Sales
  • Property Rentals

Remote Viewing CCTV

Remote Viewing isn't a gimmick. It's simply the most powerful tool property owners can have.

 

The ability to check in on your property at any time is a huge deterrent when it comes to security issues, coupled with the event viewing logs you can easily go back in time to see who has been to the property and at what time.

 

Another great advantage with remote viewing is that you can allow your alarm company to view your premises and respond accordingly on your behalf.

 

 

Quality and security Assured Propterties

Make your home or rental property a smart property.

 

Remotely control lighting, power over an internet connection, from a hand held remote control - from your home, office, or wherever you are in the world.

The sophisticated and stylishly crafted home automation lighting, power and assisted living devices are wireless.

 

 

Lucky Star

We offer a full range of quality security service products, hand picked to provide quality, stability & afford ability.

As a leading security system supplier in the area, we can provide the right CCTV or Alarm security system to meet your requirements. We have systems which enable you to view your property from anywhere in the world from your computer of smart phone.

 

Contact us now on

 

 

unionjack

Somali & English Speaking. Please Call 00252-2-528969

 

  • Search us on Skype : Lucky Star

 

E-Mail us here

Your Property If your thinking of selling your property there are a few simple things to ask your self.

  • Has your property been well maintained ?
  • Are you asking a realistic price ?
  • Can you provide the paper work to support that your property is 100% legal ? This will be required by us as checks will be carried out.
  • If you have any questions please call or e-mail us.

Lucky Star, Villa, Business Properties, Family Bunglows, Schools, House for sale Hargiesa and accross Somaliland.