Mauritius Budget 2026/2027: What it means for property Buyers, investors and the real estate market

The Mauritius Budget 2026/2027, presented by the Prime Minister and Minister of Finance, Dr Navinchandra Ramgoolam, introduces several concrete measures that will significantly influence the country’s property market in the coming years. From enhanced exemptions for first-time property buyers to major investments in housing and infrastructure, and reforms aimed at attracting investors, the Budget sends overall positive signals for the real estate sector.

As Mauritius continues its journey towards a modern, resilient, and competitive economy, the real estate sector remains one of its strongest pillars of growth.

A stable and encouraging economic framework

The Budget forecasts economic growth of 3.5% for 2026/2027 while maintaining strong fiscal discipline. The budget deficit is controlled at 6.0% of GDP, public debt is declining to 87.8%, inflation is contained at 3.7%, and foreign exchange reserves have reached a record level.

This macroeconomic stability strengthens confidence in the property market: a growing and stable economy supports housing demand, commercial activity, and long-term property value appreciation.

Major boost for Mauritian first-time buyers

One of the most anticipated announcements concerns registration duty exemptions for first-time property buyers:

  • Bare land: Exemption increased from Rs 2.5 million to Rs 3 million
  • House or apartment: Exemption increased from Rs 5 million to Rs 6 million
  • Extension of the scheme to owners of agricultural land, previously excluded

Why this matters?

These adjustments substantially reduce acquisition costs at a time when property prices remain high for many Mauritians. The measure is expected to stimulate demand among young professionals, young couples, and first-time homeowners.

Looking for your first property? Browse our latest property listings across Mauritius.

New social and middle-income housing projects

Housing remains a top government priority:

  • Rs 2 billion allocated for Phase 1 infrastructure of the 8,000 social housing units programme
  • Development of 1,000 housing units for middle-income families through public-private partnerships
  • Rs 150 million for serviced residential plots
  • Registration duty exemptions on transfers via NHDC and New Social Living Development Ltd

These initiatives will increase housing supply and create new opportunities for developers and investors.

Infrastructure investments: A key driver of property values

Infrastructure continues to be one of the strongest factors supporting real estate appreciation:

  • Rs 2.7 billion for airport expansion and modernisation (including biometric e-Gates)
  • Rs 2 billion for the M4 Motorway connecting Forbach to the airport
  • Significant investments in water distribution and public infrastructure

Areas benefiting from improved connectivity are expected to see stronger demand and higher long-term property values.

Water security for sustainable residential development

  • Rs 6.4 billion invested in water infrastructure
  • Construction of the Rivière des Anguilles Dam
  • Additional boreholes, pipe replacement programmes, and new pressure filtration units

These projects will improve living conditions and support future residential and mixed-use developments.

Sustainable & green real estate takes centre stage

The Budget places strong emphasis on ecological transition in construction:

  • Introduction of a Green Building Code requiring new buildings to produce more energy than they consume
  • Promotion of solar solutions and energy-producing buildings
  • Subsidy of up to Rs 75,000 for rooftop photovoltaic solar systems (Household Rooftop Solar PV Scheme)

Developers and buyers adopting green practices will gain a growing competitive advantage as demand for sustainable properties increases.

Important changes to the G+2 Scheme

The Government is ending new leases authorising the sale of apartments on State lands and Pas Géométriques under the G+2 scheme to foreign buyers.

  • A 10% levy (payable by the seller) will apply to such sales.
  • Clear exceptions for already approved leases and notarised reservation contracts signed before the announcement.

This measure is expected to increase the scarcity value and attractiveness of existing approved G+2 projects.

Impact on foreign investors and EDB schemes

The Budget presents a mixed but forward-looking approach for non-citizens:

  • Revision announced of registration duties and taxes on the transfer of residential properties under EDB schemes (the previously announced doubling effective 1 July 2026 has not been cancelled at this stage).
  • Simplification of Occupation Permits (single investment threshold of USD 100,000).
  • Golden Visa (minimum investment of USD 1 million) now leading to Permanent Residence.
  • Enhanced legal security for foreign residents.

These reforms aim to attract talent and investment while better regulating certain segments.

Property market outlook for 2026 and beyond

The overall message of the Mauritius Budget 2026/2027 is clear: the Government is supporting economic growth, housing, infrastructure, and quality of life while reinforcing Mauritius’s appeal to investors.

  • For Mauritian buyers: Immediate relief on acquisition costs.
  • For developers: New opportunities through public and private projects.
  • For investors: A stable environment, pro-business reforms, and a focus on sustainability.

Important note: Certain measures, particularly the revision of duties under EDB schemes, will be detailed in the Finance Act. We will keep you updated on legislative developments.

The Mauritius Budget 2026/2027 brings encouraging news for the real estate sector. With stronger support for first-time buyers, major investments in housing and infrastructure, and a clear push towards sustainability, the fundamentals of the Mauritian property market remain solid.

Whether you are looking to buy your first home, invest in real estate, or develop a new project, the measures announced provide several good reasons to be optimistic about the future of property in Mauritius.

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