Purchase, rental, sale… all you need to know about the real estate market in Mauritius
Highly prized by foreigners, Mauritius is an exceptional destination and so is its real estate market. Buyer profiles, Mauritian market specificities, find out everything about Mauritian Real Estate.
Real estate in Mauritius : a booming sector
Historically, Mauritians used to build their own homes. The access to property being very limited, it sometimes took several years before being able to live in the villa. Today, Mauritius is experiencing rapid economic growth at all levels. Health, education, tourism and especially real estate are modernising at great speed.
In this context, more and more foreign investors but also locals buy modern villas, which have nothing to envy to European buildings. Ecological standards, exceptional services, luxury residences… the real estate market in Mauritius is reaching new heights and demand continues to grow. The Mauritian government has therefore put in place several legal frameworks to regulate and facilitate access to property for all types of buyers.
Selling a property in Mauritius, a guaranteed capital gain ?
From Tamarin to Grand Gaube, via Port Louis, the coastal cities of Mauritius are more and more attractive. Star-rated hotels, golf courses, wellnesses, leisure and relaxation parks… but also villas with swimming pool and luxury residences. The rise of the real estate demand is such, that proposed properties are sure to find takers.
Thanks to investment plans (IRS , RES, PDS) and to the new R+2, Smart City and IHS programs which only require an investment of £ 135 000, but also thanks to banks that practice increasingly accessible rates, the number of candidates for the purchase of real estate in Mauritius is growing. Likewise Mauritius’ unbeatable tax regime finally demonstrates to buyers that Mauritius is the place where to invest. On the sellers’ side, capital gain is guaranteed.
The most attractive sectors in Mauritius
In the Rivière Noire district, the coastline is booming. Tamarin Bay has become a privileged area for luxury real estate investment in Mauritius. Villas with extraordinary surfaces, luxury apartments with swimming pools, penthouses with panoramic lagoon view, luxury residence for pensioners … Rivière Noire is the favourite district for expatriates willing to benefit from an exceptional living environment.
The inland Plaines Wilhems district is not left out. Floreal, Vacoas-Phoenix or Beau Bassin-Rose Hill are highly demanded sectors. The proximity of shopping centres, hospitals and schools make it a privileged area to build a real estate program. The environment, between mountain and gardens, seduces both expatriates and Mauritians.
In the North of Mauritius, Grand Baie and Grand Gaube are highly appreciated. The most exotic villas are to be found in the Rivière du Rempart district. Palm trees, houses on stilts, rectangular pools … the real estate in this part of Mauritius looks like a permanent holiday. This is bound to appeal to lovers of scenery!
LLH real estate expertise in Mauritius
Leading Luxury Home takes care of the management, promotion and sale of your real estate goods in Mauritius. Based in Rivière Noire our real estate agency covers the entire territory of Mauritius, from Tamarin to Grand Bay, by way of the inland and even the most distant villages from touristic areas. Villa, apartment, penthouse, house with pool … LLH deals with all types of properties, for all types of clientele.
The Immobilière de la Cité group has been the luxury real estate reference on the French Riviera of the Gulf of Saint-Tropez for over 30 years. It now goes into partnership with Leading Luxury Home for this subsidiary entirely dedicated to the luxury real estate in Mauritius. Our team, lead by Jasmine Longueve, is at your disposal to carry out the promotion and the sale of your real estate. We favour direct contact and would be happy to meet you to answer your questions and inquiries in a personalised interview on the phone, at our office or at home. Do not hesitate to contact us to make an appointment.