New Mauritius real estate projects on investors’ radar screen

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South west coast of Mauritius

Wealth advisors recommend that an investment portfolio dedicate up to 50 per cent of its assets to real estate. There’s much wisdom to this advice, especially on investment inreal estate.

Value appreciation on the island’s real estate is robust. This growth can buffer investors’ exposure in the volatile financial and capital markets.

Industry analysts estimate that real estate in Mauritius appreciates in value at a 3–5 % average annually. They have also observed capital gains of over 40-50% in well-located beachfront properties.

Picks crucial as choices abound

The purchase choice is, therefore, important to get the best yield when melding real estate on the island into an investment portfolio. This becomes critically even more important in Mauritius, considering that there are now plenty of properties on the island available to investors.

 

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As per the Economic Development Board, 74 major real estate projects that commenced prior to the Covid pandemic in 2020 are progressing. It also noted that 81 additional projects are in the pipeline for 2021.

Picking from these new Mauritius developments, well-advised investors would typically veer to those projects located north of the island. Mauritius real estate properties here generate healthy value appreciation given their superb location and amenities iconic of an island lifestyle.

2Futures has already delivered nine Mauritius real estate projects in the north of the island. One of these, the AO Residences, was completed in 2015 and was easily sold out. In early 2021, one apartment out of the 29 in this property was up for resale already with a USD1.05 million price tag.

 

 Ocean Grand Gaube
G+2 apartments like these at Ocean Grand Gaube offer potent opportunities for rental investors.

Compelling prospects in the north

Prospective investors can also pick from several 2Futures projects ongoing in the north of the island. These new projects offer townhouses, apartments, penthouses, and villas at varying price points suitable for specific investment objectives.

Investors who want rental properties in their investment portfolio can check out Ocean Grand Gaube.  2Futures is developing this project under the G+2 scheme.

2Futures conceptualised this USD23 million project as a luxury complex. It is set for a gross building area of 7,893 square metres, good for 42 residential units.

Ocean Grand Gaube provides high-end facilities that discriminating tourists demand in their accommodations. Its private clubhouse, community pool, kid-centred amenities, and charming oceanfront location should be a quick sell for visitors and seasonal residents. For more particulars on this valuable addition to an investment portfolio, contact 2Futures consultants Rinie at +230 5817 75 or rb@2futures.com or Sandra at +230 5474 0302 or sc@2futures.com.

 

Continue Reading :

Grand Gaube: the joys of expat life in north Mauritius

Reap the gifts of the sea and more: unwrap 3 from 2Futures

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