Becoming a homeowner for the first time is a major life milestone. In Mauritius, several government incentives have been introduced to make this journey easier and more affordable for Mauritian citizens. These measures can make a significant financial difference and help turn homeownership dreams into reality.

Registration Duty Exemption: A Smart Saving

One of the most attractive benefits for first-time buyers is the registration duty exemption. Eligible buyers are exempt from paying registration fees on the first Rs 5 million of the property price – a potential saving of up to Rs 250,000.

Examples:

• For a property worth Rs 4 million, no registration fees are due.
• For a property worth Rs 8 million, the buyer pays only Rs 150,000 instead of Rs 400,000.

The Home Ownership Scheme: Cashback up to Rs 500,000

Available until 30 June 2025, the Home Ownership Scheme offers Mauritian buyers a cashback of up to Rs 500,000 when purchasing a residential property, even if they already benefit from the registration duty exemption.

The scheme applies to the purchase of a house, apartment, or residential land intended as a primary residence.

Important notes:

• Properties bought through civil companies, NHDC housing units, or land over 1 arpent are not eligible.
• The deed of sale and payment must be completed by 30 June 2025.
• For off-plan (VEFA) purchases, amounts paid under the VEFA agreement are eligible if the transfer deed is signed before the deadline.
• For deferred sales, the cashback is       processed upon payment of the final purchase amount, but no later than the       same date.

Home Loan Payment Scheme: Boosting Loan Affordability

A third benefit supports buyers who finance their purchase through a home loan. The Home Loan Payment Scheme provides a 5% refund on the loan amount, capped at Rs 500,000.

To qualify:

• The loan must be disbursed by 30 June 2025.
• It must be secured by a fixed charge or mortgage.
• The applicant must be a Mauritian citizen       aged 18 or older.
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Expert Guidance from Park Lane Properties

Understanding and navigating these opportunities can be complex. Park Lane Properties offers expert guidance every step of the way, helping first-time buyers make the most of available government schemes while finding the right property to match their goals.

With the right support, owning a home in Mauritius becomes a more accessible and rewarding journey.

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