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AGENCY FEES FOR PROPERTIES IN MAURITIUS.COM LIMITED:
Agency Fee for BUYERS
Agency Fee for BUYERS - PROPERTIES IN MAURITIUS.COM LIMITED charges the lowest agency fee in Mauritius to buyers. We charge just 1% of the sale price as a fee to the buyer (unless otherwise stated). Our fees are still much lower than the standard 2% agency fee charged by other agents for these same properties, we always endevour to keep our fees as low as possible.
1.00% purchase value - Negotiable
Agency Fee for SELLERS
SELLERS who promote their properties via PROPERTIES IN MAURITIUS.COM LIMITED are charged a commission of 1.75% on the selling price.
1.75% of selling price - Negotiable
Agency Fee for Renting
PROPERTIES IN MAURITIUS.COM LIMITED will charge you an agency fee equivalent to the first month rent which is payable at the time the renting agreement is signed or 10% of the total rental value if the contract is for less than one year.
One Month if more than 1 year or 10% of the total rental value if less than 1 year
Agency Fee for Property Maintenance
The PROPERTIES IN MAURITIUS.COM LIMITED fee will depend on how much we will be involved in the maintenance of your property.
Negotiable please contact us to discuss your requirements
What fees are incurred by the buyer?
Agency FeesNEGOTIABLE
Average agency fee in Mauritius is 2% of the total transaction + VAT
we charge 1.00% purchase value - Negotiable
Notary 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 balance.
+ VAT
Registration Fees
5 % on the declared value.
Additional fees for State Land
Contact Ministry of Housing & Lands
Documents required by the notary
Photo (passport size)
Identity card (Photocopy)
Birth Certificate
Marriage Certificate
Divorce Certificate
Address
Occupation
WHAT ARE THE FEES INCURRED BY THE SELLER?
Agency Fees
NEGOTIABLE
This can vary widely, sometimes up to 6% of the transaction value.
1.75% of selling price - Negotiable
Notary Fees
None
Transfer Fees:
a) The vendor pays 5% of Land Transfer Tax on the declared value, if he has owned this asset for more than 5 years.
b) The vendor pays 10% of Land Transfer Tax on the declared value, if he has owned this asset for less than 5 years.
Documents required by the notary
Photo (passport size)
Identity card (Photocopy)
Birth Certificate
Marriage Certificate
Divorce Certificate
Clearance Certificate (contact the Municipality)
Sewerage Certificate (waste water authority)
Site Plan or Location Plan
Title deed and co-ownership
Letter of clearance from the syndic
A letter of partial erasure of charges for a Floating Charge
The information above is for guidance only and advice for individual circumstances should be sought.