BAVAROLLE
Property Tax
--SELL--
Available Properties – Title Plans: With a remarkable collection of detached houses, and apartments planned, the City of Mount Vema is set to become a luxury landmark with residential buildings and impressive leisure complexes. The focal points of the development are set to feature outstanding floating houses and apartment buildings with private balconies or terraces where residents will be able to indulge themselves in the relaxation that the views will provide. Occupants of this developments will be able to enjoy a peaceful as well as a vibrant and crime free society.
--BUY--
4 Bedroom House, 34 - 7th Street, WESTLAND - ​Reservation Price: 2035.15 golles
4 Bedroom House, 35 - 7th Street, WESTLAND - ​Reservation Price: 2000 golles
4 Bedroom House, 36 - 7th Street, WESTLAND - ​Reservation Price: 2000 golles
4 Bedroom House, 37 - 7th Street, WESTLAND - ​Reservation Price: 2000 golles
4 Bedroom House, 38 - 7th Street, WESTLAND - ​Reservation Price: 2000 golles
4 Bedroom House, 39 - 7th Street, WESTLAND - ​Reservation Price: 2000 golles
The Mount Vema Property Market
Mount Vema is earning the reputation amongst global investors as the ultimate place for property investment in the South Atlantic; the territory already saw a growth in the property market by approximately 17% in the first half of 2019, which estate agents are labelling as a Mount Vema ‘off-plan property boom’. The expected influx not only of construction in the island but also the service industry is reeling in quite a crowd, from investors to first-time buyers, who are looking to reap the benefits of new and exciting investment opportunities. Businesses in various industries, including the financial, creative and technology sectors are signing up fueling the growth. The financial and services sector, in particular, is causing the residential off-plan market to flourish and is making the territory a likely hotspot for young professionals. The City of Mount Vema is expected to overtake, its regional neighbors as the regional undisputed financial capital, fueling a jobs boom and a vigorous corporate rental market by 2025.​
Pashant | Bella Vista | Neverland | Roseland | Northland | Southland | Westland | Maryland | San Miguel | Eastland
District Tax - Levy on a property in Mount Vema
District Tax is a taxation system introduced before the construction of the city of Mount Vema is completed to help off-plan buyers (owners of Mount Vema title plans) to better manage their long-term financial plans. Districts are assigned bands, based on property average value, and the tax is set as a fixed amount for each band.  The more valuable the property, the higher the tax, to cover the district expenditure.
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Liability for District Tax
The occupiers of a property are liable, regardless of tenure, or the owners if the property is unoccupied, except if the property is a 'house in multiple occupation', in which case the landlord is liable for paying the District Tax.
District assigned bands - Annual Rate
  • Eastland: Band A (Rate (700 golles)
  • Northland: Band B (700 golles)
  • Pashant: Band C (800 golles)
  • Southland: Band D (900 golles)
  • Bella Vista: Band E (1000 golles)
  • San Miguel: Band F (1000 golles)
  • Roseland: Band G (1000 golles)
  • Westland: Band H (1000 golles)
  • Maryland: Band I (1100 golles)
  • Neverland: Band J (1200 golles)​

Title Deed & Off-Plan Property Searches

Request for ownership information about any registered City of Mount Vema title plan. Leasehold, freehold, last exchange and completion price, mortgage or to resolve a legal issue. To do this, you need the title plan number. - Contact us
Law of Property (Vema Seamount) Act, Mount Vema 2019.pdf
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File Type: pdf
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Bavarolle is a real estate agency for residential, commercial and industrial property. Together with its affiliates, Bavarolle is Mount Vema’s largest global property consultancy, that specialises in City of Mount Vema property off-plan, real estate, accommodation, and facilities management.
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Bavarolle, is a PLC company registered with the Kingdom of Mount Vema - The Vema Seamount Territory.
City of Mount Vema - Registered (Off-Plan) Address:
204 Mount Vema Boulevard West, Bella Vista 
Postal Code: 2167A
Mount Vema
Registration number 17010011, VAT number KMVC00-000-011.