Why Mauritius real estate sales are mounting up

The continuing efforts to sharpen the appeal of luxury Mauritius real estate to foreign investors are bearing precious fruits. Market penetration of 2Futures’ high-end projects approved under the government’s real estate development schemes has been gaining momentum.

This after the government fine-tuned these schemes to include new come-ons for investors. In one of these developments, the 56-unit Ki Residences, only seven units remain unsold moving into the 2021 second semester.

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Residency threshold eased

These properties’ sales benefited from a 2020 reduction to USD375,000 in the minimum purchase for permanent resident eligibility of buyers. With such residency obtention, the foreign buyers under the real estate schemes can already work or invest in Mauritius.

These foreign homebuyers can already do so without an occupation permit. As a result, these buyers will benefit from fewer administrative burdens and reduced costs in their stay on the island. Furthermore, the residence permit for these foreign homeowners has been extended from 10 to 20 years.

Superior property development

Ki Residences draws keen buying interest because of its superior development and superb coastal location. Its site just off the B13 coastal road is only some 300 metres to the popular Pereybere Beach. This property likewise enjoys proximity to the various life and leisure hubs of Pereybere, Grand Baie, and Mont Choisy.

Girding for completion in the 2021 third quarter, Ki Residences offers picks on penthouses and apartments with upscale tropical design. This property’s pricing starts from USD495,000 for an apartment with two bedrooms and two baths within a 168-square-metre lot area.

Ki Residences Pool — A large swimming pool is a hallmark of the high-end features of Ki Residences.

Ki Residences pampers its residents with these amenities:

450-square-metre swimming pool
fully-equipped gym
coffee shop
kids’ playground
24/7 security service
maintenance service

More leisure facilities exclusive to homeowners of Ki Residences are available at 2Beach Club. This luxury resort club in Pereybere is just a few minutes’ walk from Ki Residences. Its offerings include a social area, restaurant, beachfront pool, watersports access, and concierge services.

These high-end onsite and offsite amenities are but some of the magnets to foreign buyers of Mauritius real estate properties. Ki Residences and other upscale 2Futures developments have unique USPs that set them apart on the island’s property market. Check which one fits your needs and preferences best. Contact 2Futures consultants Rinie at +230 5817 75 or rb@2futures.com or Sandra at +230 5474 0302 or sc@2futures.com.

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