Mauritius is known for drawing investors from different parts of the world due to its favorable tax laws. However, any shrewd tycoon should select a perfect property for sale in Mauritius for foreigners.
What’s the Right Property for Sale for Foreigners Today?
1. Resort
Mauritius receives over 1 million international tourists annually for vacation. For this reason, the demand for world-class resorts is at its peak right now, particularly close to the cash.
For this reason, a forward-thinking foreigner should consider investing in a good hotel.
2. Guest Houses
Real estate investors have constructed multiple luxurious guest houses to re-sell. Therefore, a foreigner can identify a perfect one based on their budget.
For example, one can get a 3-bedroomed guest house for as low as $726,000.
3. Luxurious Villas
Deep-pocketed investors should purchase a villa adjacent to famous beaches; Gris Gris, Blue Ray, and Grand Baie. Fortunately, one can get such a Mauritius property for sale in Beachfront for as low as $300,000.
4. Prime Land
Another wise investment has to be land, as it never depreciates, regardless of the country’s economic situation. Mauritius has multiple land companies that sell pieces of land of various sizes at fair prices.
5. Residential Properties
Interestingly, real estate companies have listed magnificent residential buildings for sale on their websites. Therefore, a foreigner can invest in such a property and enjoy a stable income.
How to Select a Perfect Property for Sale for Foreigners
Here are a few tips for hand-picking a superb property to invest in Mauritius.
-
Talk to A Certified Investment Expert.
A certified property broker knows multiple property owners willing to sell their properties. Therefore, they can link a foreigner with the one with the most valuable asset.
-
Location
One should consider a property close to train stations, road networks, and institutions. However, investors must know that the location of a property determines its financial value.
-
Crime Rate
Professionals recommend against investing in a residential property within Downtown Port Louis as it is highly crime-prone. Instead, one should consider areas; Grand Baie or Black River to attract potential tenants.
Winding Up
In closing, financial consultants advise against keeping large sums of money in the bank. A better option is to invest in a prime property for sale in Mauritius for foreigners. The good news is that Mauritius has good laws that protect local and international investors.
