Engel & Völkers: Real estate market and investment opportunities in Mauritius
Engel & Völkers Mauritius offers high-quality real estate in exclusive locations, including beach villas and private apartments. The company is part of a global network with over 1,000 locations and has in-depth knowledge of the local market. An international team of experts supports clients in realizing their real estate wishes in Mauritius. Engel & Völkers Mauritius has been active since 2023 and combines local expertise with global reach.
Real estate market in Mauritius: opportunities and challenges for investors
Mauritius, a small tropical island in the Indian Ocean, has established itself as an attractive location for real estate investment over the last two decades. With a population of 1.3 million and a continuous construction boom, the country imports not only building materials but also labor, mainly from Bangladesh and Madagascar. One of the biggest challenges is finding qualified specialists and ensuring quality control during construction projects. Much has developed since the market was opened to foreign investors 22 years ago, but the country is still in a learning process.
Sustainability and environmental awareness on the rise
Mauritius has undergone a remarkable transformation towards sustainability in recent years. In particular, renewable energy, including solar energy, is becoming increasingly important in both the private and commercial sectors. In addition, agriculture has been made more environmentally friendly by reducing the use of pesticides in order to protect the marine ecology and coral reefs. The country's infrastructure is also well developed, with a modern road network, stable high-speed internet and reliable medical care. Mauritius is increasingly perceived as an environmentally conscious and sustainable investment destination.
Tax benefits and secure framework conditions for real estate investors
Mauritius offers a number of financial advantages for real estate buyers and companies. There is no inheritance tax, wealth tax or capital gains tax, which makes the country particularly attractive for wealthy investors. In addition to a simple tax system and a stable political situation, Mauritius is one of the so-called "safe haven" countries, which are considered particularly safe. Investors also benefit from a steady increase in the value of their real estate. In the last two years, property values have risen by around 30%, which is due to the high demand for new buildings. A detached family home with three bedrooms and a plot of 500 to 600 square meters is already available for less than 500,000 euros, further underlining the investment potential.
