Magazine Article LexpressProperty 75 (June - July)
Le marché immobilier de l’île Maurice est en plein essor, attirant de nombreux investisseurs en raison de ses plus-values attrayantes et des taux d’épargne relativement faibles. Nicolas Tennant, directeur de Feel Free Ltd, nous partage ses perspectives afin de mieux comprendre cette situation et d’explorer les opportunités actuelles.
Yannick Vallet & Nicolas Tennant
What are the key factors that are currently driving the market?
Real estate in Mauritius is very dynamic. Whilst affordable land is very popular, residential properties such as apartments, houses and offices are relatively more expensive yet offer stable incomes. There is significant growth in demand for pre-built residential property, due to the rising cost of construction.
Which regions are in high demand for property?
Different regions are in high demand at the moment. Feel Free Ltd's main focus is on the west of the island, but we have properties located all over the island, opening up a wide range of investment opportunities.
What would you advise anyone interested in investing in property in Mauritius?
When it comes to investing in property, you need to define your budget and objectives accurately (primary residence, second home, rental investment, etc.). Exploring different regions may also be advisable, as prices can vary considerably. If you require finance, it's crucial to be sure that you are eligible to meet the banks' criteria.
About Feel Free Ltd
This leading real estate agency offers a full range of services, including co-ownership management, property rentals and sales. Their expertise in Mauritian real estate is second to none, having managed more than 100 co-owned properties and houses across the island. Moreover, the company's in-house maintenance service ensures a rapid response and delivers an added benefit to property owners.
Feel Free Ltd's plans for the future include the implementation of an IT system to manage internal operations and further improve efficiency. The company is also looking to strengthen its presence on social networks to reach a wider audience. In the medium term, the opening of new offices is expected to bring the company even closer to its customers and provide an even more personalised service.
