Real Estate Fees in Mauritius

BUSYWORLD AGENCY
27, Vacoas Road, La Louise Quatre Bornes

Tel. 424 5648 Fax 424 2454
eMail: busyworld@busyworld.net

You want to buy or sell your property? What documents you need? What costs will come upon you?
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Fees applicable to purchasers
2% of the total transaction + 15% VAT	Agent Fees

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 balance. (All above plus 15% VAT)	Notary Fees

5% on declared value of the property	Registration Fee
10% State Land Tax	Additional fees for State Owned Land
Fees applicable to vendors
2% of the total transaction + 15% VAT	Agent Fees

- none -	Notary Fees

5 % on declared value if vendor owned the property more than 5 years 10% on the declared value if vendor owned the property less than 5 years 10% additional fees for State owned land	Land Transfer Tax
Fees applicable to landlords and tenants ( rental )
10% of total Rent if contract less than 1 yr 1 month rent if contract more than one year Payable by the landlord and the tenant at time of signature of contract!!	Agent Fees
Documents needed by Purchaser
• Photo (passport size) • Identity card (photocopy) (if Mauritian national) • Birth Certificate • Marriage Certificate • Divorce Certificate (if appropriate) • Address • Occupation	for Notary
Documents needed by Vendor
• Photo (passport size) • Identity card (photocopy) (if a Mauritian national) • Birth Certificate • Marriage Certificate • Divorce Certificate (if appropriate) • Clearance Certificate (contact the Municipality) • Sewerage Certificate (waste water authority) • Site Plan or Location Plan • Title deed & co-ownership document (if appropriate) • Letter of clearance from syndicate (if appropriate) • A letter proving erasure of any charges on property	for Notary

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