ALL KNOWLEDGE ON LOCATIVE INVESTMENT IN MAURICE ISLAND
Mauritius has for a number of years been one of the most important places to make rental investments. In fact, its climate, the quality of life it can have, but also political stability and the secure legal framework, make it one of the most favourable and beneficial places for a investmentr safe and profitable in the long and short term. However, some information is essential before engaging in this type of activity on this island. We will therefore detail the main and indispensable points for the smooth running of all types of projects within this paradise place.
Rental investment in Mauritius: why invest on this island?
Mauritius is of great interest to many people who want to invest in rental properties. Indeed, buying real estate for long-term rental is very advantageous, for several reasons. First of all, real estate in Mauritius is of quality and very attractive. As Mauritius is one of the first destinations popular with tourists, you won't have any trouble finding tenants ready to pay high rents to enjoy the good climate and local atmosphere.
Moreover, Mauritius remains very stable politically and economically speaking. There are also many tax advantages. Several schemes have also been put in place for foreign investors (IRS, RES, IHS). Finally, for French investors, a convention was established between France and Mauritius. The latter indicates that French investors will pay the taxes in force only in Mauritius (not in France). This represents a significant and very attractive advantage.
What kind of good investment for a rental project?
Hotels, apartments, lofts, villas, property types for a rental investment in Mauritius are numerous. But what kind of real estate is it best to invest in? Well, it will depend essentially on your tastes, but also, of course, on your budget. However, whatever choice you make, you will achieve good results in the short and long term.
The different types of villas in Mauritius
With the same exceptional charms as each other, the villas in Mauritius offer a stunning panorama and view to all future buyers. In fact, in the four corners of this island, there are a number of luxurious five-star villas, which are extremely well arranged and located, as on the south coast of the island, in the domain of Bel shadow or in the north or east, where sumptuous villas directly overlook the sandy beaches, « feet in water ».
Apartments or residences
The apartments or residences in Mauritius are just as attractive and the prices are also higher or lower depending on what you are looking for and again, your budget. From a modern style to a more traditional style, you will be embarrassed with choice for a safe, sustainable and therefore attractive rental investment.
How do you use your property as a rental?
If you want to invest in rental property, in Mauritius or elsewhere, you need to take into account many factors such as rental return (corresponding to the ratio of gross income from rental in relation to the price of the property), rental holiday or rent price for example. In Mauritius, taxation is advantageous and many tourists. As a result, you will have less difficulty improving your management and the resulting returns to your business. In addition, depending on whether or not your rental property is furnished, long term or short term, year-round or rented during the holidays, you will need to adjust your rates for ever more attractive.
What kind of profitability can be expected?
It is quite possible to earn a very good salary as a passive income (or salary supplement) when investing in Mauritius. However, if you want to have a fairly good profitability, it is best to entrust your rental management to a professional or specialized agency.
HOW TO FINANCE A LOCATIVE INVESTMENT IN THE MAURICE ISLAND?
There are several ways to finance a rental investment in Mauritius. First, you can purchase a loan from your place of residence in French territory by providing the necessary guarantees to be able to borrow. A second means of financing is to mortgage a property partially or entirely financed on and only on French territory. The third option is collateral on securities (such as shares or life insurance, etc.). Bank lending will be more or less high, depending on the stability of banks. In the fourth solution, it is possible to subscribe to a bank guarantee on liquidity placed. Finally, it is possible to subscribe to a personal loan for unallocated consumption, and for a contribution of 70 000 euros, with a repayment period of up to five years.
How to manage your property on site?
There are ways, if you wish, to remove all formalities and procedures required for rental management. For example, you can hire a professional for remuneration. The latter will fully manage the rental of your property, allowing you to better understand the operation and operation of the seasonal rental for example.
LEADING LUXURY HOME
Does it have to be delegated to an AGENCY or to a DIRECT one?
Delegating the rental management of your property to an agency can have several advantages.
Rental management agency and additional services
If you use an agency specializing in this type of activity, you will have:
- the possibility to delegate this often time-consuming task to an authorized professional
- the possibility of entrusting it with the management of personnel and administrative, the management of rental contracts, the management of rent and the management of breakdowns (plumbing and electricity).
