Luxury real estate in Mauritius girds for 2021 upturn

Luxury properties in Mauritius is girding for a rebound in the 2021 second quarter. Sangeetha Ramkelawon, Deputy Chief Executive Officer, BCP Bank, indicated this prospect in Global Finance Mauritius magazine. Ms. Ramkelawon attributed her optimism mainly to the tempting Mauritian government incentives granted to foreign real estate investors in recent years. She likewise cited the appetite for real estate inherent amongst investors and the robust growth of the HNWI market.

In the next five years, analysts expect ultra HNWIs to grow in number by 27 per cent globally. Breaking it down, they project the rise to be the fastest in these regions:

• Asia (with India on top at 73 per cent growth)
• Europe (Sweden’s 47 per cent leading the gains)
• Africa (Egypt on the lead with 66 per cent growth)

Wide nets ready at 2Futures

Amongst property developers in Mauritius, 2Futures is the readiest to meet the rising foreign demand for luxury homes. It has upscale projects either completed or in the pipeline. Here, the values of the prime choices are within the top 10 per cent of local property market listings, the traditional benchmark for defining luxury homes.

Combing through 2Futures’ portfolio, high-end buyers can pick from apartments and penthouses priced starting from USD1 million. These market listings are located on the island’s most desirable locations and feature spacious living areas.

Also de rigueur for luxury homes, these residences flaunt high-end materials in their finish and construction. Their well-conceived architectural designs are impressive, and their amenities are exceptional as well.

Take a peek on these properties for a quick look at some of 2Futures’ crown jewels standing out amongst picks on luxury properties in Mauritius:

Manta Cove in Tamarin

Manta Cove is on freehold beachfront land rarely made available for private development. 2Futures completed it in 2019 under the government’s real estate scheme granting permanent residency to foreign buyers of homes worth over USD375,000.

Mont Choisy le Parc in Grand Baie

Completed in 2018, Mont Choisy Le Parc was developed under the integrated resort scheme. The residential values of this property draw strength from the golf and country club amenities of its tandem development, Mont Choisy Le Golf.

A resale penthouse in Mont Choisy Le Parc carries a tag price of USD1.59 million. It features a lot area of 329 square metres good for a residence with three bedrooms and three baths.

Casa Alegria in Pereybere

Also located in a coveted freehold beachfront land, Casa Alegria offers penthouses with lot areas of 246 to 253 square metres. These residences feature three bedrooms and three baths and are priced starting from USD1.19 million.

Start ahead of the pack as luxury properties in Mauritius moves on its expected 2021 rebound. Touch base ASAP with 2Futures consultant Rinie at +230 5817 7553 or rb@2futures.com

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