{"id":78833,"date":"2018-10-05T10:28:18","date_gmt":"2018-10-05T15:28:18","guid":{"rendered":"https:\/\/sobarnes.com\/all-destinations\/ile-maurice-destination-essor-immobilier-luxe\/"},"modified":"2021-05-21T06:49:43","modified_gmt":"2021-05-21T11:49:43","slug":"mauritius-destination-rise-luxury-real-estate","status":"publish","type":"post","link":"https:\/\/sobarnes.com\/en\/realestate\/luxury-real-estate-market\/mauritius-destination-rise-luxury-real-estate\/","title":{"rendered":"Mauritius, a destination to watch"},"content":{"rendered":"
Property investments have been growing steadily since the market was opened to international buyers<\/strong> in 2002, and the island enjoys unparalleled political, social, and economic stability and security. This staunchly global island conducts its affairs in both French and English, and offers a major business hub<\/strong> thanks to its position in a similar time zone to Europe.<\/p>\n <\/p>\n <\/p>\n Single-story and duplex apartments near town centers<\/strong> and tourist areas such as Grand-Baie<\/strong><\/a> in the north \u2013 the most renowned and popular oceanfront tourist resort<\/a><\/strong> and residential area<\/strong> on the island. Return on investment through vacation rental<\/strong> is the highest in this district. Tamarin and Rivi\u00e8re Noire are also developing solidly on the west coast.<\/p>\n Luxury villas in premium resorts<\/strong> with golf clubs, a marina, gymnastics classes, well-being spaces, and more. And ultra-contemporary villas with private pools<\/strong> located in oceanfront resorts<\/strong><\/a>.<\/p>\n Favorable tax arrangements<\/strong>, quality of life, security, and services. The island<\/strong><\/a> attracts the world\u2019s major wealth holders in search of new properties (fourth or fifth residences).<\/p>\n International, with a majority from France and South Africa, and significant percentages from the U.K<\/strong><\/a>. the United Arab Emirates, Luxemburg, Russia<\/strong><\/a>, and Switzerland<\/strong><\/a>.<\/p>\n The absence of wealth, capital gains, and inheritance taxes, as well as the Property Development Scheme enabling international investors to obtain a residency permit, are all contributing to the island\u2019s development<\/strong>. As a result, a number of ultra-luxury programs<\/strong><\/a> have been built, such as the Signature villas by Jean-Michel Wilmotte in the Anahita resort.<\/p>\n 2 691 sq ft in Tamarin or 861 sq ft in Grand-Baie.<\/p>\n Mauritius offers a unique setting in the heart of the Mascarene Islands, with an exceptional climate, excellent quality of life, and attractive tax status. Property investments have been growing steadily since the market was opened to international buyers in 2002, and the island enjoys unparalleled political, social, and economic stability and security. This staunchly global island conducts its affairs in both French and English, and offers a major business hub thanks to its position in a similar time zone to Europe.<\/p>\n","protected":false},"author":105,"featured_media":78829,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[11654],"tags":[],"yoast_head":"\n<\/p>\n
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The most sought-after neighborhoods<\/h3>\n
The most desirable properties<\/h3>\n
Client expectations<\/h3>\n
Clientele<\/h3>\n
Opportunities and perspectives<\/h3>\n
What will 1 million euros buy?<\/h3>\n
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Source:\u00a0Barnes Global Property Handbook<\/a><\/h5>\n","protected":false},"excerpt":{"rendered":"