Averse to the risks of stock or forex investments? If so, then invest rental properties. These investments promise a more stable income flow. As winsome, you can even hold your property as a seasonal vacation home for you and your family.
Rental yields in Mauritius’ capital city, Port Louis, was estimated in one study as trending at a 6.17% pace. Even higher returns loom on the island’s popular destinations for tourist and expats in the north of Mauritius.
Rental investors in Mauritius will likewise find attractive the country’s liberal 15% tax on net profit. The country doesn’t impose a capital gains tax, too. This comes as a boon for rental investors once they sell their property to cash in on its value appreciation. Real estate price gains in Mauritius have been significant in recent years, with a 133% gain registered between 2010 and 2018.
As in any other form of investment, committing one’s resources in rental property purchases requires a lot of thought. Hence, it would be smart to consider the following basic steps onwards investing in a rental property in Mauritius.
Look for the localities and properties appealing most to the island’s rental market and thus offer the best ROI potential. Existing developments which have successfully tapped this market are many in the north of Mauritius.
For quick reference points on where to invest in Mauritius rentals, consider assessing 2Futures’ ventures in the north of the island. Here, one winning formula for rental properties could be readily drawn from Le Barachois in Calodyne.
Le Barachois in Calodyne is a showcase of success for rental properties in the north of Mauritius.
Eye the features that sell
In 2020, 2Futures delivered this project’s 14 residential units for which it set a two-year rental scheme suited for expats in Mauritius. Le Barachois’ residences are also the epitome of the design and features of rentals that would appeal most to renters.
Built as duplexes, these homes are iconic renditions of modern tropical architecture. This design brings out the best in the property’s beachfront location overlooking a scenic coastal lagoon.
Le Barachois provides all the amenities that help it stand out in the rental market. It has a well-secured perimeter and provides residents with a community pool and direct beach access.
G+2 apartments like these at Ocean Grand Gaube offer potent opportunities for rental investors.
Explore all investment options
Besides Le Barachois, there are plenty of rental properties set in the north of Mauritius for investors of varying persuasions. One that is near Calodyne, Ocean Grand Gaube, features apartments highly marketable as tourist rentals as well as seasonal vacation homes. Investments in this 2Futures development can start from three-bedroom residences priced from USD500,000.
Rental property investors can explore more options, such as the luxury villas in the Pereybere-Grand Baie area. A leading luxury property pick here, Serenity Villas, offers four-bedroom residences.
High-end penthouses are additional alternatives for those who want to invest in Mauritius rentals. Contact 2Futures to look at all the great possibilities for investors in its property portfolio.
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