Luxury villa with pool on Nosy Be at night
🏑 Nosy Be market β€” growing fast

Your dream home on Nosy Be β€”
how to legally acquire it

As a foreigner, you have options. We know the safe ones β€” and the ones that can end in lost money.

Can a foreigner buy property in Madagascar?

Yes β€” but not directly. Malagasy law restricts direct land ownership by foreigners, which is why in practice two safe and legal solutions are used:

Purchase via SARL

Property becomes an asset of your Malagasy company. Full control, full rights. The most flexible solution.

Emphyteutic lease

Long-term lease of up to 99 years, with rights close to ownership. Ideal for those not planning to form a company.

Which option is right for you? It depends on your purchase goal (residence, investment, rental), planned residency and wealth strategy. Let's talk β€” we'll point you to the right path.

Real estate market

Nosy Be β€” pearl of the Indian Ocean

From colonial cliff-top villas to modern residences with pools, to traditional homes inland. There's something for every taste.

Villa with pool
Modern residences with pools
Modern Nosy Be villa
Tropical architecture
Colonial cliff-top house
Colonial villas with a view

Price ranges β€” indicative

The Nosy Be market is wide. From a modest inland home to a luxury villa with private beach β€” the spread is tenfold. Below are only indicative ranges; every property requires individual valuation.

Local house

from ~€40,000
inland

Mid-range villa

~€150–400k
near the beach

Premium residence

€500k+
with ocean access

Legal pitfalls β€” beware

The Madagascar property market is attractive but full of traps for those unfamiliar with local realities. Here are four common pitfalls:

  • Skipping title verification

    The seller has a nice document. But are they the sole owner? Are there any encumbrances? Is the land disputed? Checking the local registry (cadastre) is a must, not an option.

  • Improper ownership structure

    β€žI bought it through a local friend" β€” the worst possible scenario. If the transaction structure isn't legal, you can lose everything. Do you know how to secure your rights?

  • Notary chosen by the seller

    Your signature decides where the money goes. The notary should be chosen independently β€” we know trustworthy ones.

  • Ignoring technical aspects

    Structural condition, water & power access, roads, neighbour rights. Without a technical audit you're buying a pig in a poke.

How we help

How we support the purchase

From property selection to signing at the notary β€” we're with you at every step. We don't sell properties, so our only interest is your safety.

  • Search for offers matching your criteria
  • Legal verification of title, mortgages, encumbrances
  • Connection with trusted notaries and lawyers
  • Price and terms negotiation
  • Coordination of the legal structure (SARL / lease)
  • Assistance at signing and handover
Let's talk about your project
Modern Nosy Be villa
Colonial cliff house Nosy Be

Find your home on Nosy Be

We know what's on the market β€” including what never makes it to listings. Tell us about your dream place.

Contact us β†’