Disclaimer

Disclaimer:  The information on this website, including any return projections, is for indicative purposes only and is based on data provided by the developer or third parties. No rights can be derived from this information. Returns and capital appreciation depend on market conditions and operations and offer no guarantee of future returns. We act as an intermediary and are not responsible for the accuracy or completeness of the information provided. We advise visitors to conduct their own research and/or seek independent financial advice before making any investment decisions.

Legal Disclaimer – Bali (Indonesia)

Luxury Exclusive Resorts offers mediation in real estate and land transactions in Indonesia, including on the island of Bali. The legal structure of ownership in Indonesia differs from that in Europe. Foreigners cannot own land in Indonesia freehold, but only through alternative structures such as:

• Hak Pakai (Right to Use)
• Hak Guna Bangunan (Right to Build)

Property divisions through an Indonesian partner or PT PMA construction

While these structures are frequently used in practice, it’s important to understand that these rights are conditional, temporary, and subject to change. Foreign buyers should consider:

• Direct ownership restrictions
• Local registration requirements
• Possible risks when using nominee structures (e.g. purchasing in the name of a local partner) Luxury Exclusive Resorts is not a legal advisor and does not guarantee that the purchased real estate in Indonesia offers the same protection and legal security as real estate in the Netherlands or the European Union.

We strongly advise customers to:

• Before making a purchase or reservation, familiarize yourself with Indonesian regulations
• Obtain independent legal advice from a locally qualified lawyer or notary
• To have a due diligence investigation carried out on the property title and local permits

By proceeding with a purchase or reservation, the buyer confirms that he or she is familiar with the legal restrictions and ownership structures that apply to foreigners in Indonesia.

Legal Disclaimer – Real Estate in Spain

Luxury Exclusive Resorts  mediates in the purchase of real estate in Spain. While Spain has a stable and transparent legal system, it’s important that buyers are aware of local legal procedures, purchase obligations, and any risks arising from outdated title deeds, permits, or taxes.

1. Ownership and Registration
Real estate transactions in Spain are formally recorded at:

• The notary (escritura pública)
• The Registro de la Propiedad (land registry)

Only after registration with the land registry does the buyer become the legal owner. Until then, there are risks of:

• Charges or debts on the property (mortgages, municipal debts)
• Incorrectly registered surface area or usage rights
• Permits that are missing or conflict with zoning plans

2. Legal and tax considerations
Buyers must apply for a NIE number (tax identification number)

Various taxes and purchase fees apply depending on region (e.g. ITP, VAT, AJD)

When purchasing new construction (or off-plan), different rules and guarantees apply than for existing construction

In off-plan projects it is essential to:

• To check whether a building permit has been issued
• Ensure that bank guarantees or completion insurance exist
• To understand planning, phasing and delivery times

3. Role of  Luxury Exclusive Resorts: 
Luxury Exclusive Resorts acts as an intermediary and is not a party to the legal transfer of ownership. We do not guarantee legal status, financial returns, or construction compliance.

We strongly advise buyers to:

• To hire an independent lawyer in Spain
• Have all documentation checked, including title, permits, nota simple, and VvE information
• Do not rely solely on information from the seller or developer

By proceeding with a purchase or reservation, the buyer declares that he/she is aware of the legal and fiscal context of Spanish real estate, and confirms that independent advice has been considered or obtained.

Legal Disclaimer – Real Estate in Montenegro

Luxury Exclusive Resorts  mediates in the purchase of real estate in Montenegro. The Montenegro real estate market is accessible to foreign investors, but there are local regulations and legal nuances that buyers must be aware of.

1. Ownership by foreigners
Foreigners can own property in Montenegro:

• Full ownership of houses, apartments and building land
• Not owning agricultural land as a private individual – this is only possible through a Montenegrin legal entity
• Transfers of ownership are made through a notarial deed and registered with the Real Estate Cadastre (Uprava za nekretnine). Only after registration is ownership legally complete.

2. Legal and practical considerations
Although ownership registration is transparent, a number of risks apply in practice:

• Not all projects are properly registered or have valid building or use permits
• In some cases, property titles have not yet been updated in the land registry or claims are being made
• Local regulations regarding zoning, boundary marking, and building rights may differ from European standards

When making off-plan purchases, we recommend being extra vigilant:

• Have the legal status of the project confirmed in writing by a lawyer
• Check whether a bank guarantee or construction insurance is available
• Be alert to discrepancies between the brochure and actual permits

3. Role of  Luxury Exclusive Resorts: 
Luxury Exclusive Resorts acts as an intermediary and broker and is not a party to the legal transfer of ownership. We make no guarantees regarding:

• The legal validity of the title
• The structural condition of the object
• Local tax or notarial obligations

We strongly advise our customers to:

• To engage an independent, locally qualified lawyer
• To have a full due diligence investigation carried out before purchasing
• Not to rely solely on information from the developer or third parties

By purchasing or making a reservation, the buyer declares that he/she is aware of the legal structure of real estate in Montenegro and confirms that he/she has independently considered or obtained legal advice.

Legal Disclaimer – Real Estate in Dubai (UAE)

Luxury Exclusive Resorts  brokers the sale of real estate in Dubai, part of the United Arab Emirates (UAE). While Dubai is known for its stable and regulated real estate market, specific legal frameworks and ownership restrictions apply to foreign buyers.

1. Ownership structures

Depending on the location of the project, ownership may be based on:

• Freehold property (full ownership, only allowed in designated areas)
• Leasehold ownership (long-term right of use, usually 30 to 99 years)
• Off-plan contracts (purchase of real estate under construction)

Although these structures are legally regulated, it is important for buyers to be aware of:

• The limited access for foreigners to certain areas
• The legal differences between Dubai Law and European law
• The conditions that may apply to rental, transfer of ownership and exit

2. Legal status and risks

Luxury Exclusive Resorts  is not a legal advisor. While we work with registered developers and real estate agents in Dubai, we cannot:

• No guarantees regarding future value development
• Do not accept full liability in disputes regarding construction, delivery or legal recognition

We strongly advise customers to:

• To have a legal due diligence investigation carried out on off-plan projects
• Consult a licensed attorney or notary in the UAE for advice.
• Check the registration status with the Dubai Land Department (DLD) before purchasing

By purchasing or reserving a property, the buyer declares that they are familiar with the legal forms of ownership in Dubai and the potential risks associated with foreign real estate in the UAE.

Legal Disclaimer – Real Estate in Georgia

Luxury Exclusive Resorts  mediates in the purchase of real estate in  Georgia . The country offers foreign investors ample access to the real estate market, but has some legal and practical considerations that differ from the European system.

1. Property for foreigners

Foreigners are allowed in Georgia:

• Acquire full ownership of apartments, houses and commercial real estate
• Not owning agricultural land unless through a Georgian legal entity

The transfer of ownership is registered with the National Agency of Public Registry (NAPR), often within a few days.

2. Legal and practical considerations

While the registration process is simple, it is important that buyers:

• Have a due diligence investigation carried out into the legal status of the property
• Check that the project has been built legally and has all necessary building permits
• Understand that rights and obligations regarding VvE, utilities and delivery may differ from Western European standards

Off-plan purchases or investments through developers may involve risks such as:

• Delay in delivery
• Contracts in Georgian language only without official translation
• Warranty agreements that are not or only partially enforceable locally

3. Legal position of  Luxury Exclusive Resorts 

Luxury Exclusive Resorts  is an intermediary and not a legal advisor. We advise all buyers to:

• Seek legal advice from a licensed attorney in Georgia
• Have contracts, permits and title deeds thoroughly checked
• Do not blindly rely on verbal promises from third parties or developers

By making a reservation or purchasing, the buyer confirms that he or she is familiar with the Georgian registration system, property regime and local legal context.

Disclaimer for Real Estate Agency – Northern Cyprus

Important legal notice for buyers and investors

We operate as international real estate brokers, including projects in  Northern Cyprus . Due to the unique political and legal situation on the island, some properties in Northern Cyprus carry legal risks.

1. Political and legal framework

The northern region of Cyprus is administered by the Turkish Republic of Northern Cyprus (TRNC), which is internationally recognized only by Turkey. Real estate in this region may be located on land owned by Greek Cypriot citizens before 1974.

Such properties may:

• be the subject of any current or future legal claims;
• conflict with the property rights recognized by the Republic of Cyprus, the European Union and other countries;
• lead to restrictions or liabilities for buyers, sellers or intermediaries.

2. Our role as a broker

As a real estate agent, we act as an intermediary between project developers and international clients. While we take the utmost care in selecting projects and providing information, it’s important to understand that:

We cannot give any guarantees as to the legal status of any individual property;

We are not a party to any legal disputes regarding property rights dating from before 1974;

The buyer is responsible for obtaining independent legal advice and due diligence, preferably through a specialist real estate lawyer.

3. Disclaimer

We accept no liability for:

• ownership disputes arising from the purchase of real estate on disputed land;
• damages or legal consequences resulting from claims by former owners;
• criminal or civil proceedings in the country of the buyer or seller.

4. International risks

Buyers, investors and real estate agents should be aware that:

• The purchase, promotion or resale of disputed real estate may be a criminal offence in some countries (such as fraud, receiving stolen goods or money laundering);
• Certain EU Member States such as the Netherlands, Belgium and Germany can take legal action if infringements are suspected;
• There may be limited or no access to mortgages, insurance or legal protection through EU institutions.

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Advice to the customer

We strongly advise every buyer and seller to:

• To engage an independent lawyer with experience in the Cypriot real estate market;
• To have the legal status of the plot or project confirmed in writing;
• To be aware of the consequences of subsequent ownership claims.

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By using our services and/or entering into a purchase agreement, you acknowledge that you have read this disclaimer and the associated risks.