Price List

 

Type New price
For application for and preparation of a lease for:  
a)     Residential purposes M100.00
b)     Commercial:

i)Grade 1

ii)Grade 2

iii)Grade 3

iv)Grade 4 (and rural areas)

 

M1,000.00

M500.00

M200.00

M100.00

c) Industrial purposes, hotel, Warehouse, wholesale/retail:

i)Grade 1

ii)Grade 2

iii)Grade 3 (and rural areas)

 

M1000.00

M500.00

M200.00

(d)Petroleum products:

i)Grade1

ii)Grade 2

(e)          iii)Grade 3 (and rural areas)

 

M1000.00

M500.00

M200.00

(f) Agricultural

i)cannabis

ii)irrigated

iii)other

iv) non-irrigated

 

M50.000.00

700.00

200.00

100.00

g) Recreational,religious,benevolent

educational, charitable and medical

M200.00
h) Any other document involving tittle to land M200.00
i)Any specific consent M100.00

 

Review of Ground Rent Rates

First schedule (Regulation 53)

Table 1

New Rates

Grade R C I W P H
1 0.44 1.19 0.90 0.45 0.90 0.90
2 0.36 0.86 0.57 0.30 0.57 0.57
3 0.32 0.53 0.35 0.15 0.35 0.35
4 0.26 0.36
5 0.18

 

Note: Additional 100% amount of ground rent shall be payable by foreign enterprise as per table 1 above.

Table 2

Devotional, religious benevolent, educational, recreational(not profit-making),charitable and medical New rate M500.00 per plot
Recreational (profit making) sand, gravel, clay and other common mineral M1000.00 per plot

M0.86 per square metre

Other unspecified M0.2 to 0.5 per square metre

 

Fifth Schedule (Regulation 19)

Table 1

New agricultural rates in Loti per hectare

N I R/F 0
A 31.50 157.50 9.00 157.50
B 24.00 120.00 4.50 126.00
C 16.00 78.00 7.50 94.50
D 13.00 46.50 4.50 46.50
E 9.00 31.50 1,50 15.00

 

Proposed Cannabis rate in Loti per hectare

Cannabis including sublease         500.00

Table 2

The rate is given in Loti rate

Land user                                                                            New

Intensive Agriculture(Livestock, poultry or Horticulture) M1000 per hectare or part thereof
Agriculture(other) M200 per hectare or part thereof

 

2.A levy of 10% of the due ground rent plus the current Central Bank of Lesotho prime lending interest rate per year shall be payable by a lessee who is in default of, payment of the ground rent

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