Heritage Villas Valriche – Bliss Villa
USD 2,145,000
Mauritius
Property Type: Villa
Bedrooms: 4
Total Area: 438m²
Mauritius is an island nation in the Indian Ocean that is attracting considerable foreign investment. Having experienced steady economic growth for decades, Mauritius is one of the most business-friendly countries in Africa. Residence brings many benefits including lifestyle advantages, with additional benefits for Southern African Development Community citizens.
Everything you need to know about acquiring premium real estate in Mauritius and linked to the Mauritius Residence by Investment Program.
Necessary to maintain and renew residence permit
USD 375,000
Sole, company, or trust ownership
Approximately 3%
Price
Currency
Total Properties 14
EUR 2,200,600
USD 2,145,000
GBP 1,840,500
Mauritius
Property Type: Villa
Bedrooms: 4
Total Area: 438m²
EUR 1,500,700
USD 1,433,000
GBP 1,300,600
Mauritius
Property Type: Penthouse
Bedrooms: 3
Total Area: 327m²
EUR 1,250,000
USD 1,300,400
GBP 1,100,200
Mauritius
Property Type: Villa
Bedrooms: 3-5
Total Area: 352 - 850m²
EUR 996,000
USD 1,140,550
GBP 830,999
Mauritius
Property Type: Villa
Bedrooms: 2
Total Area: 213m²
EUR 660,700
USD 662,393
GBP 560,000
Mauritius
Property Type: Apartment
Bedrooms: 3
Total Area: 176m²
EUR 615,200
USD 615,108
GBP 530,200
Mauritius
Property Type: Apartment
Bedrooms: 3
Total Area: 179m²
EUR 515,800
USD 511,500
GBP 445,500
Mauritius
Property Type: Apartment
Bedrooms: 2
Total Area: 145m²
EUR 480,021
USD 538,182
GBP 395,500
Mauritius
Property Type: Villa
Bedrooms: 4
Total Area: 306m²
No rental properties available
Foreign demand is driving the housing boom in Mauritius. The real estate market is thriving, and the island’s strong tourism industry has encouraged the growth of a luxury rental market (mostly in North and West Mauritius). The real estate market is seen as a ‘an undeniable pillar of the Mauritian economy. The interest rates are low, and the mortgage market is steadily growing.
Mauritius has multiple benefits including a convenient time zone, an enviable lifestyle, an amazing climate, and a safe environment. Tax incentives such as a double taxation agreement with over 40 countries (including nearby South Africa) and no capital gains and inheritance tax on property have lured many foreign buyers to this tropical island. In addition, investment to the country is secure and reliable and investors can look forward to a permanent residence permit (if they purchase property through the Mauritius Residence by Investment Program), as well as a multilingual and multicultural community, access to international schools, good private healthcare, and modern infrastructure.
Prospective buyers are encouraged to seek reliable sources for real estate purchases, making sure that the developer they have chosen has a proven track record and arranges the necessary guarantees to ensure that the investment is protected. It is also important to manage the transaction process through a notary or escrow account (that is, not to pay funds directly to the seller).
Yes, foreign buyers may only purchase properties in Mauritius under schemes approved and managed by the Economic Development Board such as:
There are only a few steps to follow for this process: sign a reservation contract, provide all the required documents, pay a deposit into a dedicated escrow account, submit the application for permission to acquire property with all the relevant documentation, and complete the acquisition by signing the deed of sale.
No, there is no need; however, it is advisable to do so. Funds can be transferred to the notary directly.
Additional expenses include the registration duty fee of 5% of the net price, notary fees, and the application fee for the letter of approval through the Economic Development Board of Mauritius at a cost of USD 500.
Depending on the type of property, when the estate is fully operational, foreign investors could expect around 4% for smaller premises such as apartments or townhouses and duplexes.
At 15% of the individual income tax.
None; only monthly syndic or levy fees are applicable. In Mauritius, there is no land or property tax.
Henley & Partners assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.
Have one of our qualified advisors contact you today.
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