Choosing the right property developer in Mauritius

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2futures property developer mauritius

The government revamp on property investments in Mauritius, designed primarily to attract foreign buying, has spawned a wide selection of real estate developers in the island nation. Hence, for buyers, choosing the right property developer in Mauritius comes as a weighty factor. More so that the country is relatively small and its developable areas nearly similar with engaging natural features.

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Choices of property developers and real estate developments abound in Mauritius. The country’s leading developer, 2Futures, alone has 18 projects either delivered or under construction

It is wise, therefore, to develop some benchmarks on making a pick from a roster of developers. Here are some of the things to consider so that you don’t waste your time with a run-of-the-mill developer who just cares about delivering the basics.

Compare track records

Make a short-list of developers through a comparison of past projects. Go beyond each company’s corporate websites and extend your research to independent sources. Published articles in both online and traditional media about developers’ projects either completed or in the pipeline would be helpful in your background checking.

Check Government Information

A real estate developer in Mauritius has to register and get a certificate from the Economic Development Board (EDB)  to undertake real estate projects under various government incentive schemes. Checking the EDB website provides not only a list of developers participating in these schemes but also opens a wealth of information on how to invest in Mauritian real estate and the benefits of investing in EDB-approved property developments.

Scrutinize project plans and project progress

Ask your short-listed developers for clear-cut plans on their projects. Reputable developers should be able to present not only detailed plans and blueprints as well as total project cost. They should be able to provide you with a timetable of their projects from groundbreaking to delivery. The standouts are those that regularly post progress reports online on their ongoing developments.

Keep an eye on market sales

EDB-approved property developments in Mauritius are typically marketed starting from their pre-construction stage. Many of these projects have been developed in phases, so it would be worthwhile to check how sales are going as the development progresses. You can likewise check the sales record of a real estate developer in Mauritius in its past project to gauge its capability to deliver what was promised. Dig deeper and seek testimonials from those who purchased in a developer’s completed project.

Examine the developer’s team

Competent professionals work behind a seasoned property development company in Mauritius. Go for a developer that has organized a team comprised not only of architects, builders, engineers, and designers. Your pick should likewise have in its fold legal experts, competent managers, and sales partners.

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