“You guys have really gone out of your way to assist us in getting our dream home in paradise”
(This lovely quote was from a client we sold to last week)!
If you are thinking of relocating to Mauritius let it be this year! Lets begin your search today. We can help find you the property of your dreams, organise virtual tours/viewings and the entire transaction can be facilitated remotely.
Moving house can be an exciting event! The decision is usually part and parcel of a greater desire for a major life refresh. That is why it is good to know that we are here to guide you every step of the way.
Our invaluable network as well as our staff, both local and expat, can answer all your questions – the ‘where’, ‘what’, ‘how and ‘whom’– ensuring you ease into your new life on the island as seamlessly as possible.
Real Estate Highlights in Mauritius
- Purchase to gain permanent residency: USD 375,000
- Prime property price: USD 4,500 per square metre*
- Prime property performance USD terms: 33% growth since 2007
- 10 year property price growth forecast USD terms: 40%
*refers to the cost of 200 metre luxury apartment or villa in prime part of the island.
Property Purchasing Process for Foreign Buyers
- It is important to note that foreigners can only purchase property within designated developments called Property Development Schemes (PDS) Integrated Resort Schemes (IRS) and Real Estate Scheme (RES).
- All property purchased within these zoned developments for over USD 375,000 affords the purchaser and their immediate family Mauritius permanent residency.
- All other property outside of these zoned developments are for purchase by Mauritius citizens only.
Details of the buying process in Mauritius
A residential property under an IRS, RES or PDS may be sold off-plan, during the construction phase or when the construction is complete.
Once the decision to purchase a property in one of these designated schemes has been made, you as the client would be required to complete the following process:
- Signature of 3 bank Escrow agreements.
- Signature of a site plan including unit number.
- Signature of a finishing schedule and furniture schedule if applicable.
- Signature of selected unit plans.
Buyers are issued completion guarantees prior to signature of the title deeds and all deposited amounts are housed in Escrow accounts until the developer has all their guarantees in place.
OCEAN HAVEN PRICED FROM USD$288,517
Located in the heart of Black River-Tamarin, on the slope of La Tourelle, Ocean Haven has a breath-taking ocean view of the west coast of Mauritius. Set in a residential and peaceful area known to the locals as the ‘Vieux Carlos’.
The development is also close to the beach and all amenities such as shops, restaurants, spa, golf courses, sports clubs, and big game fishing clubs, international schools and medical facilities. Nestled between the mountain and the ocean, Ocean Haven offers a unique balance between tranquility and connectivity.
Ocean Haven residential project is composed of two individual buildings housing altogether 6 luxury apartments.
Ocean Breeze has 3 three-bedroom apartments. The ground floor apartment (149m2) has an L- shape terrace of 33m2 and the exclusive use of a privatised garden of 51.6m2. . The apartments on the first and second floor (133.1m2) are inclusive of a terrace measuring 17.1m2 both with a Sea view. The apartment on the ground floor can accommodate a plunge pool.
Mountain Breeze has 3 three-bedroom apartments where much emphasis has been given to the living and dining area which double up on the terrace outside. A private elevator from the car park level leads directly into the apartment on each level above. The ground floor apartment (155.7m2) has a partial sea view on the side and boasts a terrace of 43.4m2 and an elegant suspended garden of 52.7m2 totaling 96.1m2 of privatised outdoor area, ideal for entertaining guests. The two apartments on the first & second floor have terraces measuring 43.4m2 and overlook the turquoise Indian Ocean. All terraces can accommodate a whirlpool and electric roller shutters if required.
Ocean Haven features a well-thought-out contemporary architecture blending elegantly with the surrounding nature.
Reserve your property today.
Leana.nel@everitt.co.za – tel: +27 (0) 83 777 9104
katharine@everitt.co.za – tel: +27 (0) 76 559 1069