Properties in Madagascar for sale
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We welcome you to explore endless opportunities in our exceptional collection of properties for sale in Madagascar!
Madagascar, located in the Indian Ocean off the southeastern coast of Africa, has been a growing attraction for tourists from Europe and America over the years. Its diverse wildlife, breathtaking landscapes, and friendly locals are increasingly captivating to foreign visitors. This tropical paradise is an ideal choice for your holiday home. Whether you're a fan of bustling cities like Antananarivo, quaint villages nestled in lush rainforests, or luxury seaside properties in the sun-drenched coastal towns, real estate in Madagascar offers an extensive range of exceptional holiday homes.
If you’re eager to buy a property in Madagascar, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in Madagascar?
Let’s discover where to shop for the best real estate in Madagascar
North Madagascar: Antsiranana
This northern region of Madagascar is a top choice for many foreigners. The city offers a mix of traditional Malagasy and modern French cultures. You can find stunning beaches, beautiful colonial-era houses, top-notch restaurants, and a vibrant nightlife. The most popular area within the region is Diego Suarez, known for its year-round warm weather. The region offers an array of hot properties in Madagascar, from luxury beach-front villas to affordable city apartments and cozy traditional houses.
Eastern Madagascar: Toamasina
Known for its lush rainforest landscapes, beautiful beaches, and a vibrant life in the city of Toamasina, this region is a great choice for those looking for a property for sale in Madagascar with a limited budget. You can find bargain properties, charming countryside houses, and modern apartments with stunning sea views.
Central Highland: Antananarivo
In the highland region of Madagascar, primarily in Antananarivo, you’ll find a diverse expat community. This cosmopolitan region is famous for its rich history, local markets, thriving culinary scene, and outstanding homes for sale. If you prefer coastal areas, consider more eastern parts around the Canal des Pangalanes. Here you can find an array of properties – charming city houses, lakefront villas, and historic buildings for sale.
Madagascar’s Islands
When shopping for real estate in Madagascar, don’t limit yourself to the main island. The smaller islands like Nosy Be or Sainte Marie are perfect destinations for a holiday home. These islands offer an incredibly healthy climate, year-round sunshine, a laid-back lifestyle, and untouched natural beauty. Nosy Be is known for luxury villas and clear turquoise sea, while Sainte Marie is famous for its whale-watching spots. The property for sale in Madagascar on the islands can be competitive, but there are many affordable and high-end options to fit any budget.
The average price of a property in Madagascar: Trends overview
Here is a list of average property prices per square metre in different regions of the country according to the Institut National de la Statistique (INSTAT), Ministère des Transports et de la Météorologie. Antananarivo: MGA 1,800,000 - 2,200,000 per sq m Toamasina: MGA 1,200,000 - 1,500,000 per sq m Antsirabe: MGA 900,000 - 1,200,000 per sq m Mahajanga: MGA 800,000 - 1,100,000 per sq m Toliara: MGA 700,000 - 950,000 per sq m Fianarantsoa: MGA 600,000 - 900,000 per sq m Antsiranana: MGA 500,000 - 800,000 per sq m Ambovombe: MGA 400,000 - 700,000 per sq m Moramanga: MGA 350,000 - 600,000 per sq m Taolagnaro: MGA 300,000 - 550,000 per sq m
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in Madagascar a good investment?
Buying property in Madagascar can be a promising venture for various reasons. Firstly, the country has a progressive and dependable legal system that guarantees the safeguarding of property rights for both locals and foreign individuals. Secondly, real estate institutional investors can generate a stable income from the rental business due to the robust tourism industry and the increasing population. Thirdly, Madagascar has one of the lowest costs of living in the African region, making it an affordable destination and an outstanding investment opportunity. Lastly, government tax incentives for property owners present appealing proposals for foreign investors.
Which places in Madagascar have the most properties for sale?
Antananarivo and Toamasina provide a diverse range of accommodations and the highest number in the country. If you prefer a more central location, then choose Antsirabe. The capital market is flourishing with Madagascar property for sale.
Can a foreigner buy property in Madagascar?
No, foreigners cannot directly own property in Madagascar. However, they can lease property for a period of up to 99 years.
Where are the cheapest areas to buy properties in Madagascar?
If you are looking to acquire real estate in Madagascar at a surprisingly affordable cost, explore regions such as Antsiranana and Toliara. They provide property more budget-friendly than Antananarivo and other popular locations for real estate in Madagascar. Other cost-effective areas include Mahajanga, Toamasina, and Fianarantsoa.
What is better to buy in Madagascar: a house or an apartment?
When contemplating purchasing property in Madagascar, one needs to consider the benefits of a house versus an apartment. If you're searching for the ideal property with ocean views, an apartment might be your optimal choice, as they're frequently located in top-notch locations near the coast, such as the famous beach towns of Nosy Be. However, if you value the serenity of the rural areas, a house might be more suitable for you and your family. Madagascar homes offer a variety of properties in development, including bungalows and villas, which may be more suited to families than apartments.