{"id":216343,"date":"2017-12-22T18:00:53","date_gmt":"2017-12-22T16:00:53","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=216343"},"modified":"2018-01-24T09:26:16","modified_gmt":"2018-01-24T07:26:16","slug":"4-properties-you-can-buy-in-mauritius-as-sa-investors-flock-to-the-island-country","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/wealth\/216343\/4-properties-you-can-buy-in-mauritius-as-sa-investors-flock-to-the-island-country\/","title":{"rendered":"4 properties you can buy in Mauritius as SA investors flock to the island country"},"content":{"rendered":"<p>Mauritius is rapidly becoming a second home for South Africans and with the recent changes in the Mauritian government&#8217;s property investment legislation, it is now a lot easier to invest in residential and commercial property on the island.<\/p>\n<p>Theo Pietersen from Seeff Mauritius said there is now a host of new developments enticing SA investors to the island.<\/p>\n<p>A recent study by wealth consultancy, New World Wealth in conjunction with AfrAsia Bank, places the island country as the best performing economy with the wealthiest people with $25,700 in wealth per person in 2016, up from $21,400 in 2015.<\/p>\n<p>It also puts Mauritius as the top performing African country for wealth growth, with 230% growth over the ten years to 2016, stating that it is not only the fastest growing wealth market in Africa, but one of the five fastest growing worldwide.<\/p>\n<p>NWW also considers Mauritius to be one of the top five prime property hotspots in Sub-Saharan Africa along with the likes of Cape Town, Plettenberg Bay and Umhlanga.<\/p>\n<p>Seeff said it is marketing a new development that for the first time ever, brings a work and play space to the island. OneGrandBaie, a 10,000sqm mixed-use development is strategically situated at the entry of Grand Baie, minutes from the city centre with 70m frontage on the M2 Motorway and a slipway for easy access.<\/p>\n<p><strong>OneGrandBaie \u2013 mixed-use retail and office<\/strong><\/p>\n<p>OneGrandBaie offers 105 modular offices with air-conditioning and internet connectivity along with 9 retail units (mostly large showrooms), parking for over 170 vehicles plus additional visitor parking, 24\/7 security and controlled access and 360-degree views over Grand Bay, the five northern islands, Pointe aux Piments and the mountain range.<\/p>\n<p>Additional facilities include six fully equipped boardrooms for business meetings. To enhance the working life experience, there is a caf\u00e9 and gymnasium along with the first ever sky bar on the island; the \u2018One Sky Bar\u2019 with indoor and outdoor seating and a fine restaurant and bar, accessible for lunch and dinner.<\/p>\n<p>The development is well priced, said Pietersen. The office units range upwards of around 25sqm, priced at approx. R29,424\/sqm (MUR72,000\/sqm), equating to approx. R736,000 for a 25sqm unit.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property1-e1513155383116.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-216347\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property1-e1513155383116.jpg\" alt=\"\" width=\"1200\" height=\"686\" \/><\/a><\/p>\n<p>There are also a number of new residential developments of interest to South Africans, these include:<\/p>\n<p><strong>Ocadia, apartments and penthouses<\/strong><\/p>\n<p>Ocadia is located in Balaclava on the north-west coast, close to Grand Baie and the capital, Port Louis. It offers three-bedroomed apartments and penthouses with fabulous views and beach access, a fitness centre with a gym, spa, hammam, sauna and changing rooms and landscaped grounds and an infinity pool overlooking the ocean. Prices range from approx. ZAR16m (MUR43,000,000).<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property3-e1513155411710.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-216349\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property3-e1513155411710.jpg\" alt=\"\" width=\"1200\" height=\"746\" \/><\/a><\/p>\n<p><strong>Le Clos du Littoral (Phase 2)<\/strong><\/p>\n<p>Le Clos du Littoral (Phase 2) is located in the north, near Grand Baie with access to the Trou Aux Biches Beach Club. It offers luxury plantation-styled residences in a choice of layouts with 2-3 bedrooms, an office\/study, private pool and entertainment lapa set amidst landscaped grounds and with a plethora of services including boat parking for those wishing to cruise the turquoise lagoons of the island.<\/p>\n<p>Prices range from approx R8.7 million (MUR21,951,590).<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property4-e1513155439981.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-216351\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property4-e1513155439981.jpg\" alt=\"\" width=\"1200\" height=\"799\" \/><\/a><\/p>\n<p><strong>St Antoine Private Residence, luxury apartments and penthouses<\/strong><\/p>\n<p>St Antoine Private Residence is also close to Grand Baie and offers luxury apartments and penthouses with 2-4 bedroomed options, an expansive clubhouse with a resort-style swimming pool, children\u2019s play area, deli, bar, lounge, beauty salon and spa, a boat yard and storage. Prices range from approx. R8.3 million (MUR20,900,000).<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property5-e1513155477208.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-216353\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property5-e1513155477208.jpg\" alt=\"\" width=\"1200\" height=\"720\" \/><\/a><\/p>\n<p><strong>Opalines, apartments and penthouses<\/strong><\/p>\n<p>Opalines is located in Pereybere close to Grand Baie within walking distance of the beach. It offers three-bedroomed apartments and penthouses in two buildings amidst stunning landscaped gardens. Ground floor units enjoy stunning garden views and the upstairs penthouses boast wrap-around terraces and sea views. Prices range from approx. ZAR6m (MUR15,000,000).<\/p>\n<p>The island is very accessible with 4-5 hour flights from South Africa. Buyers and investors also have access to finance, both from South African banks as well as in Mauritius at interest rates of 7%-9% and with 40% cash deposit requirements.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property6-e1513155516679.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-216357\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/12\/Property6-e1513155516679.jpg\" alt=\"\" width=\"1200\" height=\"686\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/business\/212619\/mauritius-overtakes-south-africa-in-world-bank-rankings\/\" target=\"_blank\" rel=\"noopener\">Mauritius overtakes South Africa in World Bank rankings<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mauritius is fast becoming a second home for South Africans and with the recent changes in the Mauritian government&#8217;s property investment legislation, it is now a lot easier to invest in residential and commercial property on the island.<\/p>\n","protected":false},"author":10,"featured_media":143218,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755,9880],"tags":[10773],"class_list":["post-216343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","category-wealth","tag-seeff"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/216343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=216343"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/216343\/revisions"}],"predecessor-version":[{"id":216375,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/216343\/revisions\/216375"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/143218"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=216343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=216343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=216343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}