Tool
What would a Ras Malé property cost you?
Enter a price to see the transfer fee, GST and the total, in MVR and US dollars. The numbers update as you type.
Your estimate
MVR 0
≈ USD 0 in total
- Property price
- MVR 0
- Transfer fee (4%)
- MVR 0
- GST (0%)
- MVR 0
- Total
- MVR 0
Estimate only. Check with the developer or a lawyer.
How this is worked out
Transfer fee: 4% of the property's value, charged on first sales and transfers. For the waterfront development, the government has said a sale cancels the old lease and issues a new one, with the fee paid on the property's value.
GST: shown as 0% for now. The GST rate on property purchases hasn't been confirmed yet, so check it before you rely on the total.
This is general information, not legal or financial advice. Fees can change, and a developer may add its own charges. Read the Invest & Buy guides.