When you have your heart set on a new residence in a new location, what better choice than an island home in Mauritius? It was nominated for the World’s Leading Island Destination award and winner of the Indian Ocean’s leading adventure tourism destination, leading wedding destination, and leading sustainable tourism destination at the World Travel Awards in 2022, but what does that mean for homeowners?
In short, return on investment. Buying property is one of the most sensible ways to build wealth, and real estate has proved itself as a reliable asset class many times over. For example, a luxury two-bedroom apartment at The Essence in Trou aux Biches can generate 25% capital growth on completion for a purchase price of USD 561,440. Once construction is complete and you have settled in, consider renting it out when you go off on other adventures for an estimated net annual return of 6.6%.
It’s also a great place to live for a small family that wants permanent residency because this investment meets the qualifying criteria. Investors in property sold at a minimum of USD 375,000 automatically get permanent residence for themselves, a spouse, dependent children and parents.
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The ideal place to stay and play
What about visitors who want to experience your beautiful new home and tropical island lifestyle? That’s another perk of living at The Essence. Homeowners have access to the amenities at two nearby hotel properties, where visitors can stay. Casuarina Resort & Spa is a 94-room property on seven hectares, incorporating three restaurants, two swimming pools, a gym, and a Balinese-style spa. A more intimate option is Le Cardinal Exclusive Resort. This boutique hotel has only 13 suites. Le Cardinal Exclusive Resort is on the beach of Trou Aux Biches in the northwestern part of Mauritius. Adding its facilities to the mix makes four swimming pools, three bars, five restaurants, a spa, a Beach Club, a Kids’ Club, tennis courts and a gym.
Alizée Resort Management manages both resorts. The company also looks after rentals at The Essence, ensuring the highest service and guest satisfaction standards.
What to expect from your island home
Investing in a two-bedroom apartment at The Essence offers strong rental return potential – as much as 6.6% annually. Because of its location, apartments are in high demand, which means lower vacancy rates than larger properties. Rental rates are affordable for tenants. The services offered by Alizée Resort Management take the pain out of property management and maintenance, so you can relax and enjoy your space and indulge in your new lifestyle without worrying about the daily grind. Property purchased at The Essence has the potential to increase in value as it appreciates over time. Suppose this is a secondary residence or a third or fourth real estate purchase. In that case, it means diversifying your investment portfolio and the potential for resale at a profit to free up funds for investment in another dream property.
The beauty of The Essence is the diverse offering. A one-bedroom apartment is ideal for buyers looking purely for an investment opportunity. At the same time, a four-bedroom private villa caters for those who want to indulge in the idyllic beach lifestyle. Only a few units are available to purchase off-plan. As construction is starting soon, the prices will increase.
Why should you move to Trou aux Biches, Mauritius
Homeowners and residences in the apartments, penthouses and villas at The Essence in Trou aux Biches benefit from access to beach access and hotel services that cater to the ultimate in refined living. Mauritius has an excellent reputation for safety and security; developments such as The Essence reinforce that with secure access to the property. The homes feature generous volumes and a meticulous selection of materials. The combination of wood and volcanic rock sourced on the island adds authenticity to the facade. A shared swimming pool is on the property to cool off closer to home or laze in the sun with a good book and a cool drink.
The area is known for its stunning, pristine beaches with soft white sands and clear turquoise waters. Living in Trou aux Biches means having easy access to these beautiful beaches for relaxation, swimming, and water sports.
The coastline in Trou aux Biches offers breathtaking ocean views, especially during sunrise and sunset. Residents can enjoy various water activities such as snorkelling, scuba diving, kayaking, paddleboarding, and more. The coral reefs in the area also provide opportunities for marine exploration. You can see many tropical fish here and, if you’re lucky, maybe even a sea turtle.
Mauritius is known for its multicultural population, as reflected in Trou aux Biches. Living there with your family or hosting your visiting friends can expose you to a mix of cultures, languages, and cuisines.
Community, culture and cuisine
While its location is a hotspot for visitors, Trou aux Biches has a relatively laid-back and tranquil atmosphere compared to some of the bustling tourist hubs on the island. This can create a peaceful living environment. The area has a range of amenities, including restaurants, cafes, shops, and markets. This ensures that residents can access essentials and various conveniences without travelling far.
Trou aux Biches is well-positioned to explore other attractions on the island. For instance, the capital city of Port Louis, Grand Baie, and Pamplemousses Botanical Garden are all within a reasonable distance.
The local community and expat population often create a welcoming and friendly environment. This can contribute to a sense of belonging and a supportive social network.
Contact a 2Futures consultant to learn more about the two-bedroom apartment waiting for you at The Essence, Mauritius.
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