A non-resident can purchase property in Mauritius through this property scheme since the 29th of November 2007.
These residences include amenities and other facilities as well as day-to-day management services such as security, maintenance, gardening, solid waste disposal and household services.
RES units do not have a minimum selling price, so you will be able to find quality properties at reasonnable prices (starting at approx. 150.000 euro)
A project under the RES is developed on freehold land.
All persons intending to acquire a residential property under IRS and RES shall require an approval from the Mauritian Board of Investment.
Residency is now provided to the buyer of a residential property under RES for a minimum investment of 500.000 dollars (or equivalent)
The regulations also provide for where a property is acquired by foreigners, the investment must be financed from funds outside Mauritius and where a loan is taken with a bank in Mauritius, the whole amount should be in USD, EURO or GBP.
We are also working closely with our partners to improve the RES developments and turn them into a profitable investment for our customers. We are aiming at building resorts with Management companies that will basically work like french leasebacks schemes, in which the rental income is guaranteed.
Trou-au-Biches RES
150 m from the beach of Trou-aux-Biches - 4 bedroom individual villas with private pool
Average price per m2: 116.000 Rs (2.700 euro)
Peyrebere Athena
1 km from the beach of Peyrebere - 2 and 3 bedroom individual villas with private pool
Average price per m2: 86.500 Rs (2.000 euro)
Grand Bay Eden
1 km from the beach of Peyrebere - 2 and 3 bedroom individual villas with private pool
Average price per m2: 80.200 Rs (1.910 euro)
Bain Boeuf Bay
50m from the sea - Sea and Coin de Mire views - 2 and 3 bedroom apartments with private pool.
Average price per m2: 124.000 Rs ( 2.950 euro)
Peyrebere Villas
150m from the beach of Peyrebere - 3 and 4 bedroom individual villas with private pool
Average price per m2: 107.000 Rs (2.540 euro)