House for Sale in Mauritius

Embark on an exciting quest to find the perfect place to call home. From the thrill of discovering the house you will love and imagining your life within their walls — buying your future home can be an exhilarating adventure—to the practical steps needed to realize your vision while staying within your budget and securing your future haven, we'll be your trusted guide.

 

Who Can Buy a house in mauritius?

Mauritian Citizens: Can purchase property anywhere in Mauritius.

Non-Citizens: Historically limited to designated schemes like RES, IRS, PDS, IHS

New Regulations for Residents: As of February 2024, non-citizen residents with specific permits (residence, permanent residence, occupation, short-term occupation, family occupation) can buy one property outside these schemes for personal use, provided it's over USD 500,000 and meets certain land size criteria (not exceeding 0.5276 hectare). This purchase requires Prime Minister's Office approval and attracts additional duties.

The Buying Process for Mauritians

Offer and Acceptance: Once you find a property, you'll make an offer. Upon acceptance, a preliminary agreement (often with a deposit) is usually signed.

Due Diligence: The notary will conduct necessary checks, including title verification and any existing charges on the property

Sale Agreement: The final sale agreement is prepared and signed by both parties in the presence of the notary.

Registration: The notary registers the sale agreement with the relevant authorities.

Transfer of Ownership: Once registration is complete, you officially become the owner of the property.

 

Costs Involved:

Registration Fees: Generally 5% of the property value for freehold purchases. First-time Mauritian buyers may get an exemption on the first 5 million MUR.

Notary Fees: Based on a sliding scale (e.g., 2% on the first Rs 250,000, decreasing percentages for higher amounts) plus 15% VAT. For properties in specific schemes, notary fees might be a fixed percentage (around 1% plus VAT).

Agency Fees: Typically 2% of the property value (plus 15% VAT) each for the buyer and seller.