Frequently asked questions about new buildings in Mauritius
At what price is the square sold? meter of new real estate in Mauritius?
The price per square meter across the country differs depending on the class of new building. Elite properties have sq. meter costs 4000-5000 euros, for budget ones - 2500-3000. The cost of a new building in Mauritius is also affected by location. In the capital (Port Louis) prices are 10-20% higher than in other locations.
What advantages can you expect when buying an apartment in a residential complex in Mauritius?
Properties purchased in popular resorts are suitable for generating rental income. They can also be used for personal residence - this will allow access to beach areas throughout the year.
In which cities of Mauritius are apartments in new buildings most often purchased?
There is high demand for housing in Port Louis. The capital attracts buyers with its developed infrastructure and proximity to the Indian Ocean. The top three popular locations also include Mahebourg and Grand Baie - small villages with many beach areas.
What documents are needed to buy an apartment in a new building in Mauritius?
Foreigners must present a passport and a certificate of having an account in one of the local banks. A purchase permit from the Mauritius Board of Investment will also be required.