With rental management, owners and future buyers have a dream opportunity to maximize their real estate investments in Mauritius.
The growing demand for seasonal accommodation in Mauritius in recent years has accelerated the pace of rental investment. Thanks to the many advantages of rental management, owners can boost the value of their real estate assets, benefit from an excellent return on investment, and enjoy attractive tax benefits.
Read our blog post to find out more about the benefits of letting your property to a professional property manager in Mauritius.
Why opt for rental management?
Enjoy your property and the quality of Mauritian life when you’re there, and rent it out easily and peacefully the rest of the time!
Using a property management service in Mauritius means benefiting from a number of exclusive privileges. You’ll increase the value of your real estate investment and maximize returns during periods of vacancy.
Homeowners: Save time, money and peace of mind
Travelling from one place to another, organizing entries and exits, taking care of regular cleaning and maintenance, calling in qualified professionals, intervening in the event of a problem, managing finances, etc. are all time-consuming responsibilities that often discourage owners, especially those who don’t live on the island all year round. All these time-consuming responsibilities often discourage owners, especially those who don’t live on the island all year round.
To make the most of vacancy periods, why not consider entrusting the management of your property to an expert? Calling on a property management service in Mauritius is guaranteed to save you time and energy. By delegating these tasks, you gain precious time and peace of mind. Even at a distance, your property is in safe hands, providing you with additional income without the hassle.
Why delegate rental management?
As a specialist in real estate in Mauritius with in-depth knowledge of the local market, you entrust your property to an expert who will enhance its value while ensuring daily management and follow-up:
- Rental rates in line with the Mauritian market
- Customized services to meet your needs
- Promotion of your property according to the desired rental periods
- Search for quality tenants
- Drafting of rental contract and required documents
- Greeting tenants at move-in and move-out inspections
- Management of routine maintenance and cleaning services
- Planning of work required and, if necessary, repairs to be carried out
- Full range of concierge services
- Managing relations with building managers and insurance companies
- Tenant communication and conflict resolution
- Rent collection, bookkeeping, tax management, etc.
After deduction of management fees, you can be sure of a regular and profitable income thanks to the excellent rental profitability offered by Mauritius, under advantageous tax conditions.All these measures have been put in place to facilitate the management of your rental investment!
High return on your investment and attractive capital gains
Buying a property in Mauritius is a long-term project, but for those who are used to the island, falling in love with a property can be quick! Indeed, the attractions and charms of this “Paradise Island” are in themselves undeniable motivations for settling here… What’s more, with the growing demand for seasonal rentals, this investment can be quickly and easily optimized.
Indeed, tourist interest in private residence rentals in Mauritius ensures a high occupancy rate and exceptional rental profitability. Using the services of a professional property manager is the ideal way to maximize your profitability. Their expertise and knowledge of local conditions enable them to set appropriate rental rates, find the most qualified tenants, and minimize the risk of vacancies and non-payment of rent.
This rental income benefits from reduced taxation, in line with measures taken by the Mauritian government to encourage foreign investment. By assessing and planning maintenance and improvement work on your property in Mauritius, your rental management specialist will help it to appreciate in value rapidly.
Once optimized, your investment can be resold with considerable tax benefits. The substantial capital gains generated will be tax-free.
Attractive tax system for real estate investors, even foreign ones
To encourage and facilitate real estate investment in Mauritius, the Mauritian government has gradually implemented a number of tax initiatives aimed at attracting foreign investors.
Currently in force, the PDS, IRS and RES schemes have relaxed the criteria for access to property ownership in Mauritius for non-residents. In addition to reducing requirements in terms of surface area or minimum purchase price, these schemes offer foreign investors the possibility of obtaining a residence permit and the status of Mauritian tax resident.
In addition, the double taxation treaty signed with several countries, including France since 1980, gives Mauritius numerous tax advantages:
- Tax capped at 15% on professional and rental income
- No social security contributions (CSG/CRDS)
- No tax on dividends
- No property or council tax
- Exemption of real estate located in Mauritius from IFI (Impôt sur la Fortune Immobilière) tax calculation
- Capital gains tax exemption on the sale of a property in Mauritius
- Exemption from inheritance tax (if beneficiaries are resident in Mauritius for tax purposes)
These schemes enable investors to acquire property in one of the world’s most enchanting destinations. They benefit from an idyllic living environment and particularly advantageous tax conditions.
Are you ready to buy the property of your dreams?
Discover all the rental investment opportunities in Mauritius with your Côté Sud team!
Villas or apartments, in the west or south of Mauritius, we have a multitude of offers to meet your real estate needs.
You can also discover all the rental management solutions offered by our partners. They’ll take care of all the steps involved in renting out your property. Depending on when they’re available, our experts can offer you a range of services tailored to your needs. So contact us now!
