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Mauritius has always been a popular destination for holiday and second homes but is fast becoming the 'go to' destination of 2022 for residency, business relocation or retirement.
Much of which can be attributed to the hugely successful property development scheme (PDS), whereby foreigners who make an investment of $375, 000 or more in a PDS scheme will grant the investor permanent residence status.
This has attracted investors from Europe, the Indian sub-continent and Asia, as well as from South Africa, who view it as a safe place from where to run their business as well as an idyllic lifestyle destination for bringing up a young family or for their retirement.
And with working from home now considered the norm for many, this too has driven people to consider their lifestyle choice as an integral part of their business life.
Mauritius fares exceptionally well as place to do business, notching up many business firsts in Africa, most notably coming first on the African continent and 25th in the world on the World Bank's Ease of Doing Business Report. Receiving recognition in terms of its political, social and economic stability, efficient and effective regulatory framework, state-of the-art infrastructure, transparent and innovative legal framework and its highly competitive tax system.
With over 1.4 million visitors a year there is also a huge market for generating passive income from holiday homes, and with countries starting to open up their borders again the island is already starting to see the first influx of visitors.
Pauline Gallagher, CEO of Halcyon & Partners says 'Not surprisingly, as the borders re-open and people start travelling once again, we are seeing an upsurge in interest from around the world. This in turn has led to a near dormant property market spring back into life with new projects and developments coming onto the market; and one in particular really caught our eye'.
Nestling at the foot of the Tourelle mountain and just a few minutes' drive from Tamarin, on the west coast of the island, lies Eko Savannah. The latest project from the house of the highly acclaimed developers of Legend Hill and Marguery Villas; Eko Savannah does not disappoint.
Themed 'bringing the outside in', these spacious and airy villas have been designed to connect with nature. With living spaces open to the garden at the front and rear, inner courtyards and high windows holding the views on all sides as well as bringing in natural light, you will feel at one with the wild and natural vegetation that surrounds this exclusive community.
It will be bult in two phases, with phase one just released and will comprise of thirty-three, three-to-five-bedroom villas all with private gardens and pools. Open plan frontages and wide pathways perfect for exercising, walking the dog or a gentle walk; complete the look to create a spacious and open feel.
Inside this gated community there will also be a private club house for the exclusive use of the residents; offering a restaurant, bar, pool, gym and business centre along with a full concierge service. Owners will also have exclusive access to facilities at other projects by the same developer as well as access to their beach club. You can also participate in a rental pool and generate passive income while you are not using the villa.
According to Gallagher 'With prices starting from €905,000 and with Mauritian banks offering attractive financing options, whether you are looking for a holiday home or to relocate and obtain residency this could definitely be the project for you'.
About Halcyon & Partners
Halcyon& Partners is a European based global migration and investment platform that brings together a group of like-minded professionals and utilising our positive energy and skill sets to provide our clients with an unrivalled and totally unbiased service. Our mission quite simply is to provide the client with what they want not and not what they are being told they want. We have no loyalty to any one investment, programme, country or company; we operate in over 14 jurisdictions worldwide. Our loyalty lies solely with our client to find and secure what they are looking for and to deliver it to them with a duty of care and customer experience that is without equal. Each roadmap is totally unique. Our business is founded on two pillars, the first provides a platform to communicate the programmes, products and services and to package it in such a way that is easily digestible, factual and informative. The second is delivery; where every client gets to talk and meet with real people. The right people, who can assist them with the finer details, help develop the thought process, research the right options and stay with them throughout your journey. The solutions are many, our job is to guide our clients to select the one that is right for them. This can often be a long and laborious journey but with the correct preparation and planning we ensure the journey is both smooth and will deliver a successful outcome. We thrive on positivity and transmit this to our clients. No challenge is too great.
