The cost of buying property in Mauritius: taxes & fees
Buying property in Mauritius is an exciting venture, but it’s essential to understand the associated costs and taxes involved beyond the purchase price.
This guide outlines one-off purchase costs, recurring expenses, and gives you a clearer picture of what to budget for when investing in Mauritian real estate.
One-off Purchase Costs
When buying property in Mauritius, several one-off costs should be factored in. These typically include transfer duty, notary fees, and legal fees.
Transfer duty, which is similar to stamp duty, can vary depending on the property's value but generally falls within a range of percentages.
- Transfer duty: Approximately 5-6% of the property's purchase price.
- Notary fees: Roughly 1-2% of the property's price.
- Legal/conveyancing fees: Usually around 1% of the property's price.
Total Percentage to Budget for One-off Costs
As a rough estimate, potential buyers should budget about 7-10% of the property's purchase price for one-off costs.
This percentage will depend on the property's value and specific location in Mauritius.
Example Calculation
Suppose you purchase a property in Mauritius for MUR 10,000,000. Applying the estimated percentages:
- Transfer duty (5%): MUR 500,000
- Notary fees (1.5%): MUR 150,000
- Legal fees (1%): MUR 100,000
Total one-off costs: MUR 750,000, which is 7.5% of the purchase price.
Recurring Costs of Ownership
Once you’ve purchased property in Mauritius, be prepared for ongoing expenses such as annual property tax, local community fees, and utilities. These costs can vary by region.
Annual property tax is generally modest, while community or condominium fees can depend on the amenities and services offered.
- Annual property tax: Typically ranges from 0.1% to 1% of the property's value.
- Community fees: Varies widely based on facilities, often MUR 5,000 to MUR 15,000 monthly.
- Utilities: Costs depend on consumption, but average around MUR 2,000 to MUR 4,000 monthly.
Mortgage Costs for Non-Residents
Non-residents can obtain mortgages in Mauritius, but normally lenders will require a higher deposit—often around 30-40% of the property's value.
Interest rates and terms may differ from those available to residents, so it's advisable to consult with a local bank for detailed options.
Seeking Professional Advice
Navigating property purchase costs can be complex, so consulting with a qualified local lawyer or accountant is crucial for tailored advice.
Always verify tax rates, fees, and terms with official sources before proceeding.
Final Thoughts
By budgeting appropriately for both one-off and recurring costs, you can make a more informed decision about buying property in Mauritius.
It's always wise to keep up to date with changing regulations and market conditions.
Frequently asked questions
What are the transfer duties when buying property in Mauritius?
Transfer duties range from approximately 5% to 6% of the property's purchase price.
Are there ongoing costs I should budget for after purchasing?
Yes, expect annual property tax, community fees, utilities, and insurance among other ongoing expenses.
Can non-residents get a mortgage in Mauritius?
Yes, but typically with a higher deposit requirement of around 30-40%.
What is the total percentage I should budget for one-off costs?
Generally, you should expect to budget about 7-10% of the property's purchase price for one-off costs.
How can I get reliable advice on buying property?
It's best to consult with a qualified local lawyer or accountant to understand the specifics related to your property purchase.
This guide is general information, not legal, tax or immigration advice. Rules change — verify the current position with official sources and a qualified professional before acting. Last reviewed September 2026.