Mauritius Properties
If you've ever visited Mauritius, or even just seen pictures of it's
ocean paradise, it is more than tempting to think of buying property
there. After all, accommodation is extremely expensive and the
possibilities for renting the property out while you are not there
could be very financially beneficial. It may be an extreme dream, but
Mauritius is an island so beautiful it probably shouldn't exist outside
of a dream, but it does – and so can your dream.
Thankfully, there are plenty of specialized companies who can
help find your island retreat in Mauritius. Many of these let you view
properties from the comfort of your own home via an Internet
connection, only traveling to the country to view something when you
know you like the look of it. These companies are extremely useful also
in helping with the legal process of buying, but these services do come
at a cost. As the official language of Mauritius is English, buying for
yourself may not be as difficult as you would expect.
Every
time of property you would expect in Europe and America is available in
Western properties, from apartments to bungalows and houses. Land is
also widely available, so if you prefer the idea of building your own
island retreat the possibility is there. Property prices vary little
across the island, mainly due to it's size – as Mauritius is only
around 40 miles long, where you are does not entirely matter. Prices
are ever so slightly high in the capital and port of Port Louis, but
the difference is nothing staggering.
Property prices are dependent on what you're looking for, but
that's true of any countries. One of the main problems is finding
property that can be bought by non-Mauritians, as there is often strict
preference given to Mauritian nationals. However, these properties are
available if you're willing to spend a few hours on the Internet
finding them.
For a holiday apartment of up to three bedrooms, prices are
usually around $84,000 / L43,000. These will usually have a floor size
of up to 100 square meters The majority of these are built near
beaches, but on an island as small as Mauritius, you're never far from
the sea front. Apartment complexes are common, with basic facilities
useful for holidaying as well as a permanent living area.
If you prefer the idea of a house, prices vary once more. As
with any property market, Mauritius property is about finding the best
deal to suit you. Prices are generally lower than the Northern
hemisphere normal, but there is rarely anything that could be
considered hugely cheap. Reasonable is the word when it comes to
Mauritius property.
If it's real Mauritian luxury you're after, the property
market does provide. For example, you can buy a six bedroom house with
it's own private beach for around $950,000 / L486,000. If this is a
little out of range, houses with three or four bedrooms tend to start
around $150,000 / L78,000 which is certainly cheaper than buying in the
UK or America.
With Mauritius property, you can buy a suitably comfortable
and well maintained property for a more than reasonable price. If you
intend to visit the island regularly, it will inevitably work out
cheaper than the very expensive accommodation prices. But be careful,
as many Mauritius properties have the condition of cash purchases only.
Do your research and you could soon be spending your summers in your
own home in Paradise.