Apartment for Sale in Mauritius

Embarking on the acquisition of an apartment nestled on the captivating island of Mauritius can be a truly singular endeavor whether you're looking for a permanent residence, or a property investment.

Non-Citizens: Foreigners can buy in IRS, RES, PDS, Smart city and apartments in buildings that are at least two floors above ground (Ground + 2). 1 There's a minimum price for entry, which is typically around MUR 6 million.

Things to consider before buying an apartment in Mauritius.

Syndicate Fees (Co-ownership Levies)

Co-ownership levies or charges ("charges de copropriété" in French), are regular payments made by each apartment owner to cover the costs associated with the management, maintenance, and administration of the common areas and shared facilities of the building or complex.

The total budget for these expenses is usually determined annually during a general assembly of co-owners.The fees are then allocated to each co-owner based on a formula outlined in the co-ownership regulations ("règlement de copropriété").

The co-ownership rules are legally binding on all owners and their tenants. They are essential for maintaining order, ensuring fair use of common facilities, and preserving the property's overall condition and value. When buying an apartment in a co-owned property, it is crucial to thoroughly review and understand these rules.

Importance: Paying syndicate fees is a mandatory obligation for all co-owners. Failure to do so can lead to penalties and even legal action by the syndicate.