Investing in real estate in Mauritius is a sound investment. With its attractive tax system and buoyant tourism sector, Mauritius is attracting more and more foreign investors.
One of the world’s most popular tourist destinations, Mauritius records a high flow of travelers and consequently a strong demand for vacation accommodation. But while the island is known for its luxury resorts, more and more visitors are opting to rent apartments and villas, promoting rental property investment.
Why invest in Mauritius?
Mauritius is a great place to live. Climate, safety, exceptional environment and quality of life make it a destination of choice.
Owning a property in Mauritius means benefiting from a double tax treaty with 43 other countries, including France, and a low tax rate: no tax on dividends or capital gains.
Home ownership under the IRS (Integrated Resort Scheme). It also means that only 15% of income is taxed. In Mauritius, there is no property tax or inheritance tax.
These tax incentives make Mauritius a highly attractive destination for foreign investors.
Another IRS benefit is the permanent resident status granted to buyers, their spouses and dependent children up to the age of 24.
Seasonal rental demand on the rise
For a long time, luxury hotels were the predominant choice for many holidaymakers. But in recent years, vacation rentals have continued to gain in popularity. They offer travelers more accommodation options, flexibility, privacy and, above all, rates to suit all budgets.
This also echoes new travel desires. Travelers are seeking a reconnection with nature and are looking for authentic values. This is due both to a growing ecological awareness and to the consequences of the Covid-19 epidemic.
For many, this trend towards nomadization, strongly popularized by social networks, has changed the way they think about travel.Demand for accommodation in Mauritius is therefore growing.This demand comes not only from tourists, but also from digital nomads. It’s very easy for the latter to set up an office in the country for a few months, thanks to free and automatic tourist visas for many nationalities.
Rental management for strong, rapid profitability
Many property owners in Mauritius are foreigners who do not live there full-time. They rarely have the time to ensure that their assets are properly managed. That’s why they turn to a professional property manager. It’s the perfect solution, both financially and practically.
This involves entrusting the management and rental of a property to a professional in the sector, in return for a fee, without having to deal with all the constraints associated with renting it out (administrative, accounting, maintenance and sometimes marketing).
Where to invest in real estate in Mauritius?
The south of Mauritius is the new Eldorado for investors in search of authenticity. Acquiring a property in the south of Mauritius offers a nature experience in the heart of lush tropical vegetation, with a turquoise lagoon as far as the eye can see, water sports (kite surfing, paddle, fishing, etc.), guaranteed tranquility and a sense of escape.
The Mauritian government is encouraging the development of the South. It is implementing infrastructure projects such as road improvements, alternative tourism facilities and services to stimulate the region’s economic growth. In the medium term, this will lead to an increase in property values.
Domaine d’Anbalaba, Mauritius’s new southern living space, is located in Baie du Cap. It’s just a few kilometers from Morne Brabant, the Heritage Golf Club and La Prairie beach, one of the country’s most popular for its sunsets and clear waters.
The real estate program offers its residents this rental management service. It extends from administrative and accounting management, to the promotion of villas and apartments, to customer care throughout their stay.
Domaine d’Anbalaba has a rental yield of 5.5% for an occupancy rate of 50%.
