Sunset Properties
Necessary criteria to acquire a property in Mauritius
- be of mauritian nationality
- be married to a mauritian
- acquire a property developped under the IRS, RES, PDS, G+2 and Smart City schemes
Buyer fees
- Agency fees (2% + VAT)
- *Notary fees (approx. 1,15%+VAT)
- **Registration fees (5%)
*2% on the first Rs 250,000
1.5% on the next Rs 500,000
1% on the next Rs 1,000,000
0.5% on the remaining sum
**First time buyers are exempted from registration duty on the purchase of bare land of up to Rs 2,500,000 and the purchase of an existing house or apartment of up to Rs 5,000,000
1.5% on the next Rs 500,000
1% on the next Rs 1,000,000
0.5% on the remaining sum
**First time buyers are exempted from registration duty on the purchase of bare land of up to Rs 2,500,000 and the purchase of an existing house or apartment of up to Rs 5,000,000
Seller fees
- Agency fees (2%+ VAT)
- Land transfer fees (5%)
Agency fees - rental
-
80% + VAT of monthly rent, for a contract of 12 months minimum (incurred by the lessor and lessee, due at the signature of the contract)
