The Mauritian property market: a safe bet
Mauritius, a true gem of the Indian Ocean, exerts an unparalleled fascination on investors and expatriates worldwide. Its natural and socioeconomic assets make it a prime destination for those seeking an exceptional lifestyle and a secure investment. The Mauritian real estate market, despite experiencing fluctuations in recent years, remains dynamic and promising.
The keys to a lasting success
1 - Residence Permit: the PDS Program (Property Development Scheme) has truly revolutionized the Mauritian real estate market by offering property buyers investing a minimum of USD 375,000 a residence permit. By combining real estate investment and a residence permit, this program has attracted a demanding international clientele, thus boosting the sector.
2 - A sustainable and profitable investment: beyond its residential aspect, the Mauritian real estate market has established itself as a safe and income-generating investment. The sustained growth in prices, coupled with dynamic rental demand, particularly in tourist areas, makes Mauritian real estate a particularly attractive asset.
3 - A thriving tourism sector, driving the real estate market: tourism being the pillar of the Mauritian economy, the constant development of the hotel industry and tourist infrastructure fuels a constant demand for real estate. This dynamism translates into a diverse and high-quality offer on the real estate market.
4 - An exceptional quality of life: Mauritius offers a high quality of life, combining natural beauty, a relaxed lifestyle, and modern infrastructure with international schools, quality healthcare, and a multitude of cultural and sporting activities.
5 - Optimal connectivity at the heart of the real estate market: served by numerous international airlines, Mauritius is easily accessible, thus facilitating exchanges and real estate investments.
6 - A secure legal and tax environment for investment: The Mauritian government has established a stable and transparent legal and tax framework, reassuring foreign investors. Numerous double taxation agreements enhance the attractiveness of real estate investment in Mauritius.
7 - Significant potential for added value: luxury real estate projects, high-end residences, and hotel complexes are multiplying, offering investors the prospect of realizing significant capital gains in the medium and long term.
8 - A unique lifestyle: beyond the figures, it is the Mauritian way of life that is appealing. Cultural diversity, fine cuisine, traditional festivals, and the friendliness of the inhabitants make Mauritius a unique destination in the world.
Trends in the Mauritian real estate market
Sustainable development
Real estate developers are placing increasing emphasis on the construction of environmentally-friendly buildings. They are increasingly incorporating environmentally-friendly technologies and materials into their projects. The use of solar panels, wind turbines and other renewable energy sources is becoming the norm.
Secured residences and high-end amenities
They offer much more than just a barrier to entry. They offer sophisticated surveillance systems, dedicated security teams and controlled access. Swimming pools, gyms and coworking spaces have become standard features. The most recent developments offer even more exclusive facilities such as spas, sky bars, exclusive access to golf courses, etc.
Luxury programs
Demand for top-of-the-range villas, tailor-made to meet the specific needs of buyers, is constantly increasing. Developers are offering bespoke services such as property management, concierge services and event organisation.
Smart homes
Home automation is gaining ground in Mauritius. It is transforming interiors into smart, connected spaces, offering optimum living comfort and easier management of equipment such as remote control of lights, temperature and roller shutters; connected security systems for enhanced surveillance; mobile applications for controlling your home from anywhere; etc.
The different types of properties
The Mauritian property market offers many opportunities for investors and buyers. Whether you are looking for a primary or secondary residence or a rental investment, Mauritius offers a variety of properties.
IRS, RES or PDS villas offer quality services and the possibility of becoming a permanent resident. Contemporary flats, often located in gated residences, are meeting a growing demand. For those wishing to build their own home, plots of land are available in various parts of the island.
The most popular geographical areas
The North, Grand Bay, Pereybere and Cap Malheureux are popular areas for their proximity to beaches and water sports. These areas offer a lively nightlife, numerous restaurants and shops, as well as a wide range of water sports such as scuba diving, kitesurfing and deep-sea fishing.
The West, Tamarin and Flic-en-Flac are appreciated for their turquoise lagoons and their calmer, more authentic atmosphere. It's also a popular region for surfers, thanks to its renowned waves.
The South, Le Morne and Bel Ombre offer spectacular scenery and luxury resorts. A region in development, with ambitious property projects. This region is booming, with the development of new top-of-the-range real estate projects, particularly around golf courses.
Mauritius offers an exceptional lifestyle and a dynamic real estate market, with numerous opportunities for investors and buyers. To find the property that suits your needs and your budget, let DECORDIER immobilier help you realise your property projects.
DECORDIER immobilier Grand Baie
Phone : +230 268 2828
E-mail : contact@decordier-immobilier.mu
Website : www.decordier-immobilier.mu