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With its stunning scenery, fabulous lifestyle, ease of doing business and excellent return on investment, Mauritius is a fabulous place to invest – whether you decide to live there or not. And the best part is that, contrary to what you might think, there are some very affordable options – in fact, something for every budget.
Approved property schemes in Mauritius
Foreigners are allowed to buy property in Mauritius, but only from developments that have been approved by the Economic Development Board (EDB) of Mauritius.
- The Property Development Scheme (PDS) has replaced the Integrated Resort Scheme (IRS) and the Real Estate Scheme (RES), and allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora. Properties for sale under this scheme must consist of at least six units. There is no minimum purchase price but, in order to be eligible for a residence permit, and to be allowed to work in Mauritius, one’s investment must be at least US$ 375,000.
- The Smart City scheme, which revolves around the work, life and play concept, consists of mixed-use developments in cosmopolitan conurbations, with smart technology and pioneering innovation at their core. In Smart City Schemes, non-citizens may purchase villas, houses, townhouses, apartments and duplexes.
- The Ground + 2 Scheme (G+2) permits non-citizens to buy apartments in building that are at least three storeys high (Ground plus two). The minimum purchase price for buying under this scheme is MUR 6 million (about R2.5 million or US$ 150,000).
Some attractive developments in Mauritius
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One of the biggest problems with buying property in Mauritius is choosing which fabulous development to buy into. Here is just a small selection.
In the North:
North Islands View
6 min readLocated in the heart of Grand-Gaube, on the pristine northern coast of Mauritius, North Islands View benefits from splendid ocean views. This new development overlooks the picturesque northern islands, offering a unique panorama. Its collection of inviting and great value apartments, penthouses and garden houses are swathed in unique natural beauty.
Beau Plan
6 min readFrom offices to residential neighbourhoods, the city’s Creative Park to its Lifestyle Village, and Greencoast Elementary School to African Leadership College (ALC), Beau Plan has imagined the city of tomorrow, in which everything is possible. All in an atmosphere as enjoyable as it is practical, and in which you can easily reconcile your busy professional life and lively social calendar!
In the East:
In the West:
Coastland Apartments
3 min readThe Moka region is transitioning into a more sustainable and liveable city through the progressive rolling out of a concept of ‘citysmarting’ over the past decade. Stemming from a well-thought-out Master Plan, this flexible improvement process is continually adapted in line with the critical mass attained and technological advances.
Moka Smart City
8 min readThe Moka region is transitioning into a more sustainable and liveable city through the progressive rolling out of a concept of ‘citysmarting’ over the past decade. Stemming from a well-thought-out Master Plan, this flexible improvement process is continually adapted in line with the critical mass attained and technological advances.
Cap Tamarin
3 min readImagine a place where you can enjoy every single moment of life. A place where everything has been designed to live life to the fullest. A place that keeps you close to the essentials…and closer yet to adventure! There you will find people of different ages and cultures living in harmony.
