Madagascar
Undiscovered investment paradise – exclusive property opportunities in Madagascar.
Madagascar is an island of breathtaking nature, tropical climate, and growing investment potential. It offers peaceful white-sand beaches, turquoise lagoons, and lush green landscapes. Choose from ocean-view villas, cozy beachfront bungalows, or investment plots in Nosy Be, Tamatave, and Antananarivo. It’s a perfect destination for those seeking exotic beauty, tranquility, and long-term value.
Can foreigners buy property in Madagascar?
According to Malagasy law, **foreigners cannot directly own land** in Madagascar. However, there are **legal and secure alternatives** that allow full use and enjoyment of property. The most common solution is a **long-term lease (bail emphytéotique)**, which can last up to **99 years** and grants the right to build, own, and occupy the property for the full term of the lease.
Another option is to establish a local company (SARL) in which the majority share is held by a Malagasy citizen. Such a company can legally own land and buildings, making this structure particularly popular for hotel, villa, or tourism-related investments.
All transactions are supervised by a notary (notaire), who verifies property titles, prepares the deed, and registers the agreement to ensure full legal protection.
Taxes and costs:
The property transfer tax is typically around 5% of the property value, while notary fees range from 1% to 2%. For long-term leases, payment terms and conditions are set individually in the lease agreement.
Financing:
Most property purchases in Madagascar are made with private funds, as mortgage loans are not generally available to foreigners. However, developers often offer installment-based payment options or company-based investment structures.
Madagascar is becoming an increasingly attractive destination for European and Asian investors. With its pristine environment, low prices, and flexible ownership options, investing in property in Madagascar is an exotic yet well-considered decision — a chance to own a piece of paradise in one of the world’s most stunning locations.
