Sign a Contrat de Réservation Préliminaire . You must pay a deposit (usually 10%) into an escrow account held by a notary.
Buying a house in Mauritius is a popular choice for foreigners due to the island's stable economy, favorable tax system , and designated investment schemes that often grant residency rights .
Allows foreigners to buy apartments in buildings that are at least two floors high (excluding the ground floor), typically starting at around MUR 6 million (~$130,000) . buy house in mauritius
Focuses on mixed-use developments (residential, commercial, and leisure) with sustainable infrastructure.
Foreigners cannot simply buy any property on the local market; they must purchase through specific government-approved schemes regulated by the Economic Development Board (EDB) . Sign a Contrat de Réservation Préliminaire
Budget for approximately of the purchase price for additional fees: Registration Duty: 5% of the property value. Notary Fees: Approximately 1% to 2% (plus VAT). Agency Commission: Typically 2% (plus VAT). EDB Application Fee: Roughly MUR 25,000. 5. Top Locations for Investment Buying Property in Mauritius: Your Luxury Living Guide
Replaced older high-end schemes (IRS/RES). It allows for the purchase of luxury villas and apartments in integrated communities. Allows foreigners to buy apartments in buildings that
Your agent or notary applies for authorization from the Economic Development Board. This is mandatory for all foreign buyers.