House In Mauritius: Buy

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) .

Sign a Contrat de Réservation Préliminaire . You must pay a deposit (usually 10%) into an escrow account held by a notary. buy house in mauritius

Your agent or notary applies for authorization from the Economic Development Board. This is mandatory for all foreign buyers. Allows foreigners to buy apartments in buildings that

If you invest a minimum of USD 375,000 in a qualifying scheme (PDS, IRS, RES, or Smart City), you and your immediate family are eligible for a Permanent Residence Permit. Your agent or notary applies for authorization from

Houses average around USD 642,000 , while apartments average roughly USD 441,000. 3. The Step-by-Step Purchase Process The typical buying timeline takes 12 to 16 weeks.

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