REAL ESTATE SCHEME (RES)
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 reasonable 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.
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 reasonable 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.
INTEGRATED RESORT SCHEME
Through
the IRS a foreigner can gain resident status in Mauritius
with a
property investment.
A project under the Integrated Resort Scheme is sold at a minimum price of USD 500.000 or equivalent in Euro or Pound Sterling.
The projects must provide leisure and commercial amenities of high standing such as golf course, marina, individual swimming pools, spa and wellness centres, high class restaurants etc and a day-to-day management service.
The management company also proposes to rent out the property and generate an income for the client. This way, if your desire is to make an income from your investment, you have found a hassle free option, as the appointed management service is usually a renowned company. The brand name almost guarantees your rental income.
The following can acquire a property under IRS:
* Non- citizen of Mauritius (including his spouse and dependants);
* A foreign company under the Companies Act (of Mauritius) 2001;
* A citizen of Mauritius;
* A company incorporated under the Companies Act 2001
A project under the Integrated Resort Scheme is sold at a minimum price of USD 500.000 or equivalent in Euro or Pound Sterling.
The projects must provide leisure and commercial amenities of high standing such as golf course, marina, individual swimming pools, spa and wellness centres, high class restaurants etc and a day-to-day management service.
The management company also proposes to rent out the property and generate an income for the client. This way, if your desire is to make an income from your investment, you have found a hassle free option, as the appointed management service is usually a renowned company. The brand name almost guarantees your rental income.
The following can acquire a property under IRS:
* Non- citizen of Mauritius (including his spouse and dependants);
* A foreign company under the Companies Act (of Mauritius) 2001;
* A citizen of Mauritius;
* A company incorporated under the Companies Act 2001
Land on sale at Bamboo Virieux 10 Acres at R 22 million ideal for chalets construction, Villas RES/IRS or hotel in a peaceful authentic area for relaxation. Added to this land, its the neighbor of domaine du chasseur. Refer to the above site as reference. Attached near to the land is another 6 acres of land which being sold at R 10 million.
11 Acres of residential land situated at Pointe Aux Sables at R 6 million per acre
These portions of land are hereby suitable for various types of projects.
Examples :
Division into small lots for sale – ( Residential subdivision )
Construction of villas ( For Rent or Sale )
Construction of Apartments ( For Rent or Sale )
Construction of commercial space ( For Sale or Rent )
Hotel by mentioning these few examples whereby the projects are many – it’s just to show that the lucky buyer of these land plots is investing in something sure whereby yielding of profits is guaranteed.
These lands are:
5 Minutes from the beach of Pointe Aux Sables
15 Minutes from the capital of the island – Port Louis
15 Minutes from Rose-hill
10 Minutes from Beau Bassin
10 Minutes from Albion
5 Minutes from London Spar the nearest Super Market and shopOnce on site – You have a superb view of the ocean, sea, mountains, harbor of Port Louis and many others.
These portions of land are hereby suitable for various types of projects.
Examples :
Division into small lots for sale – ( Residential subdivision )
Construction of villas ( For Rent or Sale )
Construction of Apartments ( For Rent or Sale )
Construction of commercial space ( For Sale or Rent )
Hotel by mentioning these few examples whereby the projects are many – it’s just to show that the lucky buyer of these land plots is investing in something sure whereby yielding of profits is guaranteed.
These lands are:
5 Minutes from the beach of Pointe Aux Sables
15 Minutes from the capital of the island – Port Louis
15 Minutes from Rose-hill
10 Minutes from Beau Bassin
10 Minutes from Albion
5 Minutes from London Spar the nearest Super Market and shopOnce on site – You have a superb view of the ocean, sea, mountains, harbor of Port Louis and many others.
18.68 Acres at Balaclava at R 230 million 200 meters from sea with nice view and hotel project already approved on the land. Land is leasehold beach front.
Hotel on sale
This Luxurious Hotel consisting of ideally located in Trou-aux-Biches, between Port Louis the capital of Mauritius and Grand Bay the heart of the tourist zone.
The 12 studios with private terraces overlooking the sea, ideal for couples, and very popular among honeymooners. Each studio is fully equipped with a double bed, A/C units, Direct dial telephones, mini bar, Television with satellite TV and also tea/coffee making facilities, and also private bath room and toilet.
The 10 bungalows each have a master room with a double bed and private terrace overlooking the sea and the pool and another room with 3 single beds, ideal for the family. There are individual A/C units, direct dial telephones, Television with satellite TV. Fully equipped kitchen for self catering, Gas Cooker, Refrigerator, and not to forget a truly modern living and dining room.
Price: 2,700,000 Euro
The 12 studios with private terraces overlooking the sea, ideal for couples, and very popular among honeymooners. Each studio is fully equipped with a double bed, A/C units, Direct dial telephones, mini bar, Television with satellite TV and also tea/coffee making facilities, and also private bath room and toilet.
The 10 bungalows each have a master room with a double bed and private terrace overlooking the sea and the pool and another room with 3 single beds, ideal for the family. There are individual A/C units, direct dial telephones, Television with satellite TV. Fully equipped kitchen for self catering, Gas Cooker, Refrigerator, and not to forget a truly modern living and dining room.
Price: 2,700,000 Euro
