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À la tête de Park Lane Properties depuis deux décennies, Philippe de Beer a fait de son agence immobilière une référence sur le marché mauricien. Animé par une vision centrée sur l’humain et le sur-mesure, ce passionné revient sur les clés du succès de cette entreprise 100 % mauricienne, ses défis et les valeurs qui ont façonné son identité dans un secteur en constante évolution.

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Park Lane Properties a récemment célébré ses 20 ans d’existence. Pouvez-vous nous parler de l’histoire de votre agence et de ce qui vous a poussé à la créer ?

En 2004, avec mon épouse Frédérique, nous avons fondé Park Lane Properties avec une vision claire : offrir un service immobilier exceptionnel, basé sur la confiance, la proximité et une approche sur mesure. À l’époque, le marché immobilier mauricien manquait cruellement d’une agence capable de proposer un accompagnement personnalisé et sincère, centré sur les besoins et les aspirations des clients.


 « L’immobilier, c’est avant tout

des rencontres humaines »


Nous avons démarré avec une petite agence à Tamarin, une Toyota double cab et une détermination sans faille. Très vite, notre passion et notre engagement envers nos clients ont jeté les bases solides de ce qui est aujourd’hui une référence incontournable du marché immobilier mauricien.

Au fil des années, ce qui a vraiment façonné notre parcours, ce sont les relations authentiques que nous avons su construire avec nos clients et partenaires, et la confiance mutuelle qui en découle.

Philippe de Beer, CEO & Co-fondateur de Park Lane Properties

En 2004, votre épouse et vous avez commencé avec une toute petite agence. Quelles étaient vos ambitions à l’époque, et comment avez-vous imaginé l’avenir de l’entreprise ?

Nos objectifs étaient à la fois simples et ambitieux : créer une agence où chaque client serait écouté, compris et accompagné à chaque étape de son parcours immobilier. Dès le départ, nous avons souhaité aller bien au-delà de la simple transaction, en offrant une expérience humaine, sincère et mémorable.

Nous n’avions pas imaginé que notre parcours nous mènerait là où nous sommes aujourd’hui, mais notre passion, notre détermination et la qualité de nos services ont permis à Park Lane Properties de bâtir une réputation solide et respectée.

Aujourd’hui, nous sommes fiers de représenter l’Île Maurice au sein des prestigieux réseaux Leading Real Estate Companies of the World® et Luxury Portfolio International® depuis 2013. Ces affiliations nous permettent non seulement de promouvoir Maurice comme destination immobilière privilégiée, mais aussi d’offrir à nos clients un accès exclusif à des opportunités à l’international.

Nous avons grandi avec une conviction profonde : l’immobilier, c’est avant tout des rencontres humaines et des relations durables, et cela reste au cœur de notre vision pour l’avenir.


En 20 ans, vous avez réussi à devenir la 5e agence de l’île et la 3e en termes de profits avant impôts. Quels ont été les moments clés de cette évolution ?

Notre parcours a été marqué par des étapes décisives qui ont façonné l’histoire et le succès de Park Lane Properties. Tout a commencé en 2004 avec l’ouverture de notre première agence à Tamarin, un point de départ modeste mais empreint d’une vision claire : offrir un service immobilier personnalisé, ancré dans la confiance et la proximité. Quelques années plus tard, en 2006, nous avons étendu notre présence avec une deuxième agence à Grand Baie, permettant de répondre à une demande croissante dans cette région dynamique du Nord.

En 2009, une nouvelle phase de notre développement a vu le jour avec l’ouverture de notre troisième agence à Floréal, marquant une expansion stratégique vers le centre et le sud-est de l’île. Cette même année, Brian Blatch, beau-frère et actionnaire depuis la création de Park Lane Properties, nous a rejoints en tant que Directeur Exécutif. Son arrivée a été un tournant majeur. Grâce à son intégrité, son talent pour établir et entretenir des relations solides, et son engagement sans faille envers les valeurs de l’agence, Brian a contribué de manière significative à renforcer notre positionnement sur le marché.

En 2018, une décision stratégique a été prise : déplacer notre agence de Floréal vers Trianon. Cet emplacement, plus central et doté de meilleures infrastructures, nous a permis de mieux servir nos clients et d’offrir un cadre plus fonctionnel et chaleureux à notre équipe. Parallèlement, Brian Blatch a pris la direction de notre agence de Grand Baie, où il a pu déployer ses qualités humaines et stratégiques pour consolider notre présence et élargir notre part de marché dans cette zone clé.

L’année 2013 a marqué un autre jalon important avec notre intégration aux prestigieux réseaux internationaux Leading Real Estate Companies of the World® et Luxury Portfolio International®. Ces affiliations ont offert à Park Lane une visibilité mondiale et une crédibilité renforcée, tout en nous permettant de promouvoir l’Île Maurice comme une destination immobilière de choix à l’international. Cette reconnaissance s’est concrétisée en 2022, lorsque Park Lane Properties a été honorée du prix Best International Real Estate Agency (2-4 Offices), décerné par les International Property Awards. Cette distinction symbolise non seulement deux décennies d’engagement, mais également la reconnaissance de notre excellence et professionnalisme sur la scène mondiale.

Mais au-delà de ces moments marquants, le véritable moteur de notre succès réside dans les personnes qui composent Park Lane. Ceux qui nous rejoignent au fil des années et qui sont encore à nos côtés aujourd’hui ont apporté une valeur inestimable à notre agence par leur dévouement, leur passion et leur engagement profond envers nos valeurs fondamentales. Ensemble, nous avons réussi à créer une famille professionnelle unie, qui partage une vision commune et la réalise son plein potentiel tout en aidant nos clients à accomplir leur rêve immobilier.

Certains membres, même s’ils n’ont fait qu’un passage chez nous, ont également laissé une empreinte positive et durable, et nous leur en sommes profondément reconnaissants.

En rétrospective, ces 20 années de parcours nous ont permis de bâtir bien plus qu’une agence immobilière : nous avons créé une marque de confiance, reconnue et respectée, solidement ancrée dans le paysage immobilier mauricien. Ce succès repose sur une combinaison unique de vision, de relations humaines fortes et de passion pour l’excellence, et il continue de nous inspirer pour les années à venir.


Quelles stratégies ou valeurs avez-vous mises en place pour vous démarquer des  autres agences, notamment des franchises internationales ?

Le véritable défi pour Park Lane Properties n’a jamais été de simplement rivaliser avec les franchises internationales, mais plutôt de bâtir une identité forte et reconnue autour de nos va- leurs fondamentales et de notre approche profondément humaine et personnalisée.

En tant qu’agence 100 % mauricienne, nous avons cultivé une connaissance intime du marché local, de ses spécificités, de ses acteurs et des attentes uniques de nos clients, qu’ils soient locaux ou internationaux. Notre force réside dans une approche où chaque client est au cœur de notre attention et chaque interaction est une opportunité de créer une relation durable basée sur la confiance et la transparence.

Nos valeurs d’intégrité, de proximité, d’écoute et de personnalisation ne sont pas de simples mots, mais le fil conducteur de chaque transaction, de chaque projet et de chaque relation que nous bâtissons. Chez Park Lane, nous ne nous contentons pas de conclure des transactions, nous cherchons à créer des expériences uniques et sincères pour nos clients.

L’indépendance de notre agence nous confère une flexibilité précieuse pour nous adapter rapidement aux besoins spécifiques de chaque client, tout en garantissant un suivi sur mesure et réactif.

Enfin, nos partenariats internationaux avec des réseaux prestigieux tels que Leading Real Estate Companies of the World® et Luxury Portfolio International® nous offrent une visibilité mondiale exceptionnelle. Ces alliances nous permettent d’allier le meilleur des deux mondes: une présence globale tout en restant profondément ancrés dans notre identité locale.

Mais au-delà des stratégies et des alliances, ce qui nous distingue véritablement, c’est notre équipe soudée, passionnée et engagée, où chacun partage les mêmes valeurs et la même vision. Ensemble, nous avons su instaurer un cli- mat de confiance et de proximité, essentiel pour construire une relation forte et durable avec nos clients et leurs familles.

C’est cette philosophie qui a permis à Park Lane Properties de devenir bien plus qu’une simple agence immobilière, mais une véritable référence sur le marché mauricien.


Brian Blatch - Executive Director & Associate, Philippe de Beer - Founder & CEO, Frédérique de Beer (Founder & Executive Director)


En termes de croissance,quels ont été les principaux facteurs qui ont contribué à votre succès, notamment en comparaison avec les  grandes franchises internationales?

Notre succès repose sur plusieurs piliers essentiels qui, combinés, ont permis à Park Lane Properties de se distinguer et de s’imposer comme une référence incontournable sur le marché immobilier mauricien.

Tout d’abord, au fil de ces 20 années d’expérience, nous avons acquis une connaissance pointue du marché immobilier à Maurice et une expertise reconnue par nos clients et nos partenaires. Cette maîtrise fine du secteur nous permet d’anticiper les évolutions du marché, de comprendre les attentes spécifiques des acheteurs locaux et internationaux, et d’offrir des conseils avisés à chaque étape de leur parcours immobilier.

Ensuite, notre engagement inébranlable envers nos clients va bien au-delà de la simple transaction immobilière. Chaque projet est une aventure humaine, où nous nous attachons à offrir une expérience sur mesure, honnête et sincère, adaptée aux attentes et aux aspirations de chaque client. Nous ne nous contentons pas de vendre une propriété, nous accompagnons des familles dans la création de leur patrimoine, dans leur premier investissement immobilier ou encore dans le choix de leur propriété idéale pour une retraite paisible.

Nos alliances internationales stratégiques avec Leading Real Estate Companies of the World® et Luxury Portfolio International® ont également joué un rôle clé dans notre développement. Elles nous ont offert une visibilité mondiale et nous ont permis de tisser des partenariats solides avec des acteurs majeurs du secteur à l’international.

Enfin, au cœur de notre réussite se trouve une équipe soudée et passionnée qui partage les mêmes valeurs fondamentales d’intégrité, de transparence et de service personnalisé. Certains membres sont avec nous depuis le début de cette aventure et ont contribué, par leur dévouement et leur engagement à bâtir la réputation solide de Park Lane Properties.

Contrairement aux franchises internationales, qui bénéficient de la puissance d’un nom mondialement reconnu, nous avons dû bâtir notre propre identité et réputation, pierre par pierre, en misant sur la qualité de notre service, la fidélité de nos clients et une vision à long terme.

Aujourd’hui, Park Lane Properties est bien plus qu’une agence immobilière ; c’est une fa- mille au service d’autres familles, un partenaire de confiance pour tous ceux qui souhaitent investir, vivre ou s’épanouir à l’Île Maurice.


Quels ont été les plus grands défis que vous avez rencontrés en chemin et comment les avez-vous surmontés?

Comme toute PME, l’un de nos plus grands défis a été la consolidation d’une équipe solide et unie autour de valeurs communes. Bâtir une telle équipe demande du temps, de la patience et un engagement constant pour insuffler une culture d’entreprise authentique. Chaque membre de notre équipe joue un rôle clé dans le succès de Park Lane Properties, et leur fidélité est une immense source de fierté.

Par ailleurs, nous avons dû faire face à des défis de trésorerie, inhérents à toute structure en pleine croissance. Pour y répondre, nous avons intensifié nos efforts pour augmenter sensiblement nos transactions, tout en restant fidèles à notre engagement envers un service client de proximité, personnalisé et irréprochable. Cette approche a non seulement renforcé notre solidité financière sur le long terme, mais elle a également consolidé notre réputation d’excellence et de fiabilité sur le marché immobilier mauricien.


Dans un marché dominé par des franchises internationales, comment avez-vous su rester compétitif et continuer àcroître ?

Dans un marché dominé par des franchises internationales, le défi n’était pas de rester compétitif, mais plutôt de gagner en présence, en réputation et en parts de marché à Maurice.

Sans la force d’un nom de franchise internationale, nous avons dû bâtir et renforcer la réputation de notre propre identité, celle d’une agence 100 % mauricienne, en misant sur une approche client profondément personnalisée et un service irréprochable.

Chez Park Lane Properties, nous sommes avant tout une famille au service des familles. Que ce soit pour accompagner des jeunes dans leur premier investissement immobilier, ou pour aider des familles à créer et transmettre leur patrimoine immobilier, chaque interaction est une opportunité de construire une relation de confiance durable.

Cette capacité à établir et à entretenir des relations solides et authentiques nous a également permis de nous imposer comme une référence reconnue au sein du monde des affaires mauricien. Grâce à cette approche, nous avons réussi à consolider notre réputation, non seulement auprès de nos clients, mais aussi auprès des acteurs économiques clés du pays.

Nous accompagnons nos clients dans la création de leur patrimoine immobilier, dans leurs projets de vie, ou encore dans leurs premiers investissements immobiliers. Chaque interaction est une occasion de construire une relation durable, de transmettre une expérience authentique et personnalisée, et de faire vivre nos va- leurs fondamentales : intégrité, confiance et proximité. C’est cette philosophie qui continue de guider notre parcours et de nous différencier dans le paysage immobilier mauricien.

C’est cette philosophie familiale, cette attention portée aux détails et cet engagement envers l’excellence qui ont permis à Park Lane Properties de s’affirmer comme un acteur incontournable du marché immobilier mauricien, où chaque client est accompagné avec le plus grand soin et le plus grand respect pour ses aspirations.


En tant qu’agence locale,quelles sont les valeurs qui vous distinguent des grandes agences internationales et comment ces valeurs ont-elles contribué à votre succès ?

Chez Park Lane Properties, nos valeurs fondamentales — intégrité, proximité, transparence et écoute — ne sont pas de simples mots, mais les piliers sur lesquels repose notre succès depuis 20 ans. Contrairement aux grandes franchises internationales, notre approche est résolument humaine et personnalisée, plaçant chaque client au cœur de notre mission.

Nous ne nous contentons pas de finaliser une transaction immobilière ; notre objectif est de créer une expérience unique, sincère, honnête et professionnelle pour chacun de nos clients. Chaque projet est abordé avec une attention particulière, une écoute active et un souci du détail, afin de répondre aux aspirations les plus spécifiques.

Notre équipe, dont certains membres sont avec nous depuis les débuts, est soudée par des valeurs communes et une passion partagée pour l’immobilier. Ensemble, nous avons construit une culture d’entreprise où chaque client est traité comme un membre de la famille Park Lane. Cette connexion authentique et ce lien durable vont bien au-delà d’une simple relation commerciale.

Nous nous engageons également à accompagner nos clients tout au long de leur parcours immobilier, que ce soit pour un premier investissement, la création d’un patrimoine familial, ou l’acquisition d’une propriété de prestige.

C’est cette approche profondément humaine et personnalisée, alliée à notre engagement constant envers l’excellence et la satisfaction client, qui nous distingue et qui a permis à Park Lane Properties de devenir une référence incontournable du marché immobilier mauricien.


« Le marché immobilier mauricien devient de plus en plus compétitif, avec l’arrivée régulière de franchises internationales et la multiplication d’agences locales et d’agents indépendants.»



Comment voyez-vous l’avenir de votre agence dans les prochaines années ? Ya-t-il des projets spécifiques ou des évolutions que vous envisagez pour rester à la pointe ?

L’avenir de Park Lane Properties repose sur une vision claire et ambitieuse : consolider notre présence locale tout en poursuivant notre développement inter- national. Dans un marché de plus en plus compétitif, nous aspirons à continuer de renforcer notre réputation et d’augmenter notre part de marché, tout en restant fidèles à nos valeurs fondamentales.

Nous prévoyons de renforcer notre offre avec des propriétés modernes, durables et haut de gamme, répondant aux attentes d’une clientèle exigeante. Parallèlement, nous allons accentuer l’usage des technologies innovantes pour offrir un suivi optimal et une expérience client fluide et transparente.

Notre stratégie inclut également un marketing adapté et intelligent, avec une présence renforcée sur les plateformes internationales, un marketing digital ciblé et une communication réfléchie sur les réseaux sociaux.

Cependant, dans un monde de plus en plus numérique, nous croyons fermement que l’immobilier reste avant tout une affaire de relations humaines authentiques. Les rencontres, les échanges sincères et l’accompagnement personnalisé resteront au cœur de notre démarche.

En combinant innovation technologique, excellence du service client et authenticité relationnelle, nous continuerons à écrire, avec nos clients et partenaires, les prochains chapitres de notre histoire immobilière à Maurice et au-delà.


Que pensez-vous de l’évolution des agences locales face à l’influence des multinationales, et quelles sont les tendances à venir pour les années à venir?

Le marché immobilier mauricien devient de plus en plus compétitif, avec l’arrivée régulière de franchises internationales et la multiplication d’agences locales et d’agents indépendants. Dans ce contexte, il est impératif de légiférer notre profession afin de garantir un cadre légal clair et trans- parent, protégeant les clients contre les abus et pratiques non conformes.

Cependant, cette concurrence est saine. Elle nous pousse à nous dépasser, à améliorer constamment nos standards de service et à innover pour mieux répondre aux attentes d’une clientèle de plus en plus exigeante.

Dans ce paysage en constante évolution, seuls ceux qui possèdent une expertise approfondie du marché local, une relation étroite avec les acteurs économiques clés et une capacité à anticiper les besoins de leurs clients pourront tirer leur épingle du jeu.

Chez Park Lane Properties, nous avons bâti notre réputation grâce à 20 ans de passion, d’engagement et d’efforts continus. Comme je le dis souvent : « Ce ne sont pas les noms qui créent la réputation, mais les personnes qui les incarnent au quotidien ».

Ce sont ces valeurs, portées par une équipe engagée et passionnée, qui continuent de nous guider et de renforcer notre position comme une référence incontournable du marché immobilier mauricien



[Merci à Business Magazine pour cet article paru dans l’édition du 8 janvier 2025]



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Mauritius EXITS the FATF List of Jurisdictions

Mauritius EXITS the FATF List of JurisdictionsMauritius EXITS the FATF List of Jurisdictions under increased monitoring!Mauritius has been taken off the grey list by the Financial Action Task Force (FATF), an inter-governmental body that sets anti-money laundering standards, while acknowledging the progress the island nation had made in its fight against money laundering and terrorist financing (AML/CFT) in the past few months.Mauritius was put on the list by FATF in February 2020, and that had a significant impact on its credibility as a prudent and compliant jurisdiction. This list is often referred to as the “grey ...

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Park Lane Properties introduces some strategic developments within the company.

Park Lane Properties introduces some strategic developments within the company.

Park Lane Properties introduces some strategic developments within the company.The strategic developments of real estate agency Park Lane Properties in MauritiusIn its pursuit of excellence and always striving to exceed customer expectations, Park Lane Properties as leading real estate agency in Mauritius has appointed Mr. Bruno Rochecouste as its new Executive Director, Strategy & Innovation. Achievement and results driven, Mr. Rochecouste comes with a proven track record in Financial Services, covering Banking, Wealth Management & Insurance across various organizations in Africa, Mauritius and Middle East. Some ...

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Some advice to better sell your house in Mauritius

Some advice to better sell your house in Mauritius

Some advice to better sell your house in MauritiusThe advice of Philippe de Beer to better sell your house on MauritiusSome tricks and tips to help sell your home in Mauritius and elsewhere : potential buyers of a house in Mauritius will be more attracted by the general condition of the interior than the house itself. A clean and tidy home always has a good effect on potential buyers of property in Mauritius. If the house is dirty and messy, buyers may wonder if you have well maintained it. Also, think of refreshing the paint on the walls here and there. It will not cost you much but will have a big impact. We often don’t notice ...

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Safely buy a property ’off-plan’ (VEFA) in Mauritius

Safely buy a property ’off-plan’ (VEFA) in Mauritius

Safely buy a property ’off-plan’ (VEFA) in MauritiusA sale of property before completion (VEFA), also known as Purchase off Plan, consists of buying a real estate property off plan which has not yet been completed. This has become a trend in Mauritius since a few years now. When the deed of sale is signed, the buyer becomes the owner of the property under future completion. However, this kind of real estate transaction is not without risk, and it is important to remain vigilant.The principle of the VEFAThe off-plan sale known as VEFA allows the buyer to pay in several stages. There are two distinct stages. ...

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What are the criteria to consider for investing in real estate in Mauritius?

What are the criteria to consider for investing in real estate in Mauritius?

What are the criteria to consider for investing in real estate in Mauritius?When it comes to purchasing, many investors ask themselves whether they have made the right choice or the best investment. Each uses an evaluation grid that differs from one individual to another. But all too often this evaluation is not necessarily objective and is based on emotional criteria.What are the key points not to neglect to make the right choice?Philippe de Beer, CEO of Park Lane Properties, leading real estate agency in Mauritius offers some ...

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A Complete Guide to Relocating to Mauritius: Embracing Island Life

A Complete Guide to Relocating to Mauritius: Embracing Island Life

Discover the crucial aspects of relocating to Mauritius, from the property market to residency. Learn why a trusted real estate agency is key to a seamless transition.Nestled in the Indian Ocean's azure waters, Mauritius is a beacon for those seeking a serene lifestyle, political stability, and investment opportunities. If you're contemplating a move to this island paradise, understanding the ins and outs of property acquisition, legal requirements, and the local way of life is crucial. This detailed guide provides an expansive look at what to consider when relocating to this idyllic island, from ...

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Buy a property in Mauritius in 5 steps

Buy a property in Mauritius in 5 steps

Buy a property in Mauritius in 5 stepsBuying a real estate property is not to be taken lightly. It can be complicated if you do not know the steps to take. Also, you need a lot of information before you start, so as to avoid the inconvenience that can be caused. Although it is up to you to find the property of your dreams, you may need the services of professionals such as a professional real estate agencyand a notary for formalities. If you are tempted to buy property in Mauritius, you will need to follow the 5 steps below.First, identify the ideal ...

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All you need to know on how a foreigner can buy property in Mauritius

All you need to know on how a foreigner can buy property in Mauritius

All you need to know on how a foreigner can buy property in MauritiusThe Government of Mauritius has proposed various schemes in which foreigners can choose to invest in real estate in Mauritius. Since the island has many business and tax incentives, foreigners are motivated to move to Mauritius for business and relocation purposes.Buying a property, as an investment or for a family or secondary home, is easily available and highly sought after. The different schemes / programmes have been designed to facilitate the acquisition of residential and commercial properties by non-citizens or companies in ...

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New property project in Mauritius : Launch of 8 beachfront apartments in Tamarin

New property project in Mauritius : Launch of 8 beachfront apartments in Tamarin

New property project in Mauritius : Launch of 8 beachfront apartments in TamarinNew real estate project in Tamarin on MauritiusRelease of a new project by Park Lane Properties, leading real estate agency in Mauritius : 8 apartments on the waterfront in Tamarin, on the west coast of Mauritius, right in front of where the dolphins love to swim and the famous surfing spot "DAL".From the studio to the 3 bedroom penthouse, a choice of various units for all budgets : from Rs 8 m to Rs 24 m all inclusive. Hurry ! Contact Park Lane Properties, your leading real estate agency in Mauritius on +230 483 7575 ...

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SOME SUGGESTIONS WHEN INVESTING IN PROPERTY IN MAURITIUS : Buying to get a rental return

SOME SUGGESTIONS WHEN INVESTING IN PROPERTY IN MAURITIUS : Buying to get a rental return

SOME SUGGESTIONS WHEN INVESTING IN PROPERTY IN MAURITIUS : Buying to get a rental returnSOME SUGGESTIONS WHEN INVESTING IN PROPERTY IN MAURITIUS IN ORDER TO GET A RENTAL RETURN :The first thing to do is to calculate what the RENTAL RETURN would be.The easiest calculation is the GROSS rental return, which does not take into account the annual taxes payable for the property, the income tax imposed on the rental profit (only 15% tax in Mauritius on the net profit after deductions of the expenses and costs paid on the property during the income tax year) and the costs you will need to pay for the ’upkeep’ of the ...

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Guide for buyers of real estate in Mauritius

Guide for buyers of real estate in Mauritius

Guide for buyers of real estate in MauritiusForeigners seem to be strongly interested in Mauritius and this is understandable. An amazing environment, great lifestyle possibilities, a good location, an advantageous tax system, this island has it all. If it is wonderful to spend a holiday, many even consider acquiring real estate to enjoy its many advantages all year round. If you are one of them, here is all you need to know about buying a property in MauritiusAcquisition of Freehold PropertyTo allow foreigners to acquire real estate, the Mauritian government has put in place a regulated framework: the latest, after the ...

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Tamarin and Black River, a picturesque region of Mauritius

Tamarin and Black River, a picturesque region of Mauritius

Tamarin and Black River, two coastal villages located on the west coast of Mauritius, offer an enchanting living environment and many advantages. Whether you are looking for a permanent residence, a holiday home or a real estate investment, this dynamic region will meet all your expectations. Here are ten good reasons to choose Tamarin and Black River, two villages that cannot be dissociated, to live in Mauritius.1.  An exceptional natural setting – The Tamarin and Black River region has nothing but great assets ...

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Real Estate in Mauritius - on Newsweek

Real Estate in Mauritius - on Newsweek

Real Estate in Mauritius - on Newsweek

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WHY MAURITIUS?

WHY MAURITIUS?

WHY MAURITIUS?Mauritius being a diverse and multicultural nation of 1.3 million people, offers a range of investment opportunities in different sectors.Its ease of doing business ranking and stable governance creates the perfect business climate possible.A COMPETITIVE, WELL-DIVERSIFIED & BROAD-BASED ECONOMYOver the years, Mauritius has crafted a strong growth-oriented developmental path which has enabled us to achieve one of the highest per capita income in Africa. Indeed, from USD 400 in 1968 when we obtained our independence, our development strategy has propelled us in the league of ...

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How to live, work, retire, invest and acquire in Mauritius

How to live, work, retire, invest and acquire in Mauritius

How to live, work, retire, invest and acquire in Mauritius, and which permits and visas are available?There are many ways possible to come and enjoy life in this beautiful island. We have introduced them to you below, and you can see which offer suits your present relocation needs.ACQUIRE IN MAURITIUS:Blessed with sunshine all year round, as well as a coastline that is bathed by the warm waters of the Indian Ocean and spread over hundred kilometres, Mauritius remains the ‘place to be’. With a more liberal property market, Mauritius has gained rising popularity with the ...

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The resale of real estate in Mauritius

The resale of real estate in Mauritius

The resale of real estate in MauritiusReselling your property in MauritiusReal estate is a booming sector in Mauritius for many reasons. Firstly because the Mauritian is inclined to want to become the owner of his home as soon as possible and prefers to repay a loan than to pay rent, and then, for non-citizens, because Mauritius offers them many advantages and benefits and among others : its favorable taxation, its tropical climate, the quality of life it offers, a diversified culture, excellent air transport connectivity, modern infrastructures, a solid banking sector, a favorable business climate, are reasons that boost the real ...

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We LOVE Local: Buy, Sell or Rent from us & enjoy exclusive discounts

We LOVE Local: Buy, Sell or Rent from us & enjoy exclusive discounts

We LOVE Local: Buy, Sell or Rent from us & Enjoy Exclusive Discounts from Mauritian Owned Businesses!We LOVE Local: Buy, Sell or Rent from Park Lane Properties & Enjoy Exclusive Discounts from Mauritian Owned Businesses! Support Local!Being a 100% Mauritian real estate agency, we at Park Lane Properties have always proclaimed we were #ProudlyMauritian.Our team has a personable professional demeanor coming from our natural Mauritian friendliness, openness and genuine hospitality. This is our people’s culture and way of life and has been carried through in our service and in the relationships we have built with YOU and ...

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Processes of buying real estate in Mauritius

Processes of buying real estate in Mauritius

Processes of buying real estate in MauritiusPhilippe de Beer, founder and director of Park Lane Properties explains what is the process of buying a property in Mauritius for a non-citizen, whether it is a property off plan or a property you would be buying on the resale market!The most important thing is first to be well advised by a real estate expert who will be able to understand clearly what you are looking for and find ...

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Seller’s Guide for a property in Mauritius

Seller’s Guide for a property in Mauritius

Seller’s Guide for a property in MauritiusSelling real estate represents considerable challenges, so it should be taken seriously. The approach is very complex, and it is of considerable importance that the real estate professional has an excellence knowledge of his sector, and all that surrounds it, to be able to accompany buyers in their search and find the right selling points that will convince a buyer, with honesty and objectivity.It is a task that requires patience, determination, but also organization skills, a lot of professionalism and integrity, as well as the knowledge of all the various aspects of real estate sales, ...

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Park Lane Properties, leading real estate agency in Mauritius, gives its 3 branches a facelift

Park Lane Properties, leading real estate agency in Mauritius, gives its 3 branches a facelift

Park Lane Properties, leading real estate agency in Mauritius, gives its 3 branches a faceliftFacelift for the three Park Lane Real Estate Agencies in MauritiusPark Lane Properties’ 3 branches of Tamarin, Grand Bay and Floreal have all received a facelifting in line with the company’s strategy to strengthen its visual identity and position in Mauritius.Following the change in colors of the leading real estate agency’s logo in may 2010, and the various new advertising layouts, the 3 branches’ outside appearance has been redesigned and homogenized.For all your property needs in Mauritius, don’t hesitate to contact ...

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Real Estate Investors’ Dreams: Owning Their Home!

Real Estate Investors’ Dreams: Owning Their Home!

Real Estate Investors’ Dreams: Owning Their Home!The dream of buying real estate in MauritiusIt is fairly safe to say that when looking to invest, the first choice of investors, no matter their profile, is real estate. And with good reason too: it’s a secure and usually profitable investment; and often, a way to earn a regular income. Most importantly it’s a tangible investment, solid as a rock! However, the type of investment chosen varies greatly depending on the desires and plans of each investor. Here’s a quick overview...The global real estate investment market is much more dynamic than you may think! ...

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Constant increase in sales of IRS & RES properties in Mauritius

Constant increase in sales of IRS & RES properties in Mauritius

Constant increase in sales of IRS & RES properties in MauritiusProgress of real estate investments in MauritiusInteresting to see that after the downward trend in 2008/2009 in the sale of IRS properties following the economical crisis, we have since then seen a constant improvement and increase in the number of properties sold in Mauritius. From 27 units sold in 2009, over 100 IRS properties were sold in 2013 and we foresee another good year in 2014.Since the introduction of the alternative to IRS properties which are RES properties, sold with no imposed minimum selling price, we have seen a constant increase from 51 units ...

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The Property Development Scheme (PDS)

The Property Development Scheme (PDS)

The Property Development Scheme (PDS)The Property Development Scheme (PDS) has replaced since August 2015 the IRS and RES schemes in Mauritius.SPECIFICATIONS The Property Development Scheme (PDS), which has replaced the IRS and RES, allows the development of a mix of residences for sale to non-citizens, citizens and members of the Mauritian Diaspora. The PDS is basically an integrated project with social dimensions for the benefit of the neighbouring community and allows for the development and sale of high standing residential units mainly to foreigners.  WHAT THE SCHEME ...

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Notary fees for a property acquisition in Mauritius

Notary fees for a property acquisition in Mauritius

Notary fees for a property acquisition in MauritiusNotary fees for any property purchase in Mauritius follow a fixed schedule based on the sale price :> 2% for the first Rs 250,000 paid> 1.5% on the next Rs 500,000 paid> 1% on the next Rs 1,000,000 paid> 0.5% on the balance of the selling priceThese notaries fees are subject to VAT (15%)Example : Sale of Rs 8,000,000Rs 250,000 x 2% = Rs 5.000Rs 500,000 x 1,5% = Rs 7.500Rs 1,000,000 x 1% = Rs 10.000Rs 6,250,000 x 0,5% = Rs 31.250Total : Rs 53,750 + 15% VAT = Rs 61.812,50Therefore 0,77% of the ...

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Mauritius is Reopening in Phases

Mauritius is Reopening in Phases

Mauritius is Reopening in PhasesEnjoy a visit to Mauritius this July!Mauritius is ranked as one of the top countries in the world for its response to the COVID-19 pandemic and we’ve prioritised our tourism staff during our vaccine rollout to keep you as safe as possible. We’re opening in phases, so take a look at our latest travel advice and we’ll see you in paradise soon. After all our virtual tours, now is the time to come and visit the beautiful properties IN PERSON.SAFETY ON THE ISLAND: Travel requirements, Advice & NewsEntry Requirements: Our island is opening in Phases:15 ...

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How to avoid the risks of a real estate investment in Mauritius

How to avoid the risks of a real estate investment in Mauritius

How to avoid the risks of a real estate investment in MauritiusForeigners have been interested in buying a property in Mauritius since many years and particularly since the Government opened the right for non-citizens to buy property under specific schemes. In terms of real estate, Mauritius has interesting offers, whether you are interested to live here part of the year or permanently or as a real estate investment. However, this type of investment may involve risks. That’s why you need to know how to avoid the risks of investing in real estate in a country you are ...

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Grand Bay & Beyond: The Vibrant North of Mauritius

Grand Bay & Beyond: The Vibrant North of Mauritius

The North of Mauritius, with Grand Bay as its beating heart, has long been one of ...

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Mauritius is a top “golden visa” option for South Africans

Mauritius is a top “golden visa” option for South Africans

Here’s why Mauritius is a top “golden visa” option for South AfricansMauritius is currently one of the least expensive options for South Africans seeking to obtain permanent residence-by-investment in another country – and if the European Commission has its way, the country it may soon be one of only a handful left where they can do so at all.So says Philippe de Beer, CEO of leading Mauritian real estate agency Park Lane Properties, who notes that Portugal, which has been one of the most popular residence-by-investment destinations in Europe, has announced that it is closing its “golden visa” ...

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ADVICE TO OWNERS: Enhance your home to better sell it

ADVICE TO OWNERS: Enhance your home to better sell it

ADVICE TO OWNERS: Enhance your home to better sell itTo seduce potential buyers and obtain the signature for the sale of your house or apartment, do not neglect the preparation of the sale.Some tips from Park Lane Properties, leading real estate agency in Mauritius:A property is constantly aging, deteriorating... it wears. Some equipment may no longer meet standards or meet current needs. Before you put the property on sale, it is therefore necessary to analyze all defects and the things that any buyer will want to redo if he considers this purchase.Take ...

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Budget 2021-22 Presentation : Real Estate and Business Facilitation measures

Budget 2021-22 Presentation : Real Estate and Business Facilitation measures

Budget 2021-22 Presentation : Real Estate and Business Facilitation measuresOn the 11 Jun 2021, the Hon. Renganaden Padayachy, Minister of Finance, Economic Planning and Development presented his budget for 2021/22, named "BETTER TOGETHER".Ken Poonoosamy, CEO of the EDB, comments : "The budget sets out a series of measures to achieve this ambition. Indeed, we must steer our way back on the path of recovery and prosperity and leave behind the negative fallout of the pandemic and further pursue our aim to emerge stronger by undertaking necessary reforms. Central to this ambition is our determination to open our borders to ...

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Emigrating for South Africans: Choices and Considerations

Emigrating for South Africans: Choices and Considerations

Emigrating is a significant decision that attracts many South Africans seeking new opportunities, a better quality of life, or tax advantages. However, this process requires careful consideration of various technical and legal aspects. This article explores the options available to South Africans looking to emigrate physically and fiscally, highlighting the essential criteria to consider and explaining why Mauritius is often seen as an ideal destination.Key Considerations for Successful ...

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Park Lane Properties Mauritius becomes member of Leading Real Estate Companies of the World and Luxu

Park Lane Properties Mauritius becomes member of Leading Real Estate Companies of the World and Luxu

Park Lane Properties Mauritius becomes member of Leading Real Estate Companies of the World and Luxury PortfolioPark Lane joins the prestigious network Leading Real Estate Companies of the World®Park Lane Properties, leading real estate agency in Mauritius, joins the international property network Leading Real Estate Companies of the World®, a global real estate network comprised of 500 of the best-known local and regional real estate firms, with 4,600 offices and 140,000 sales associates in the U.S. and more than 40 other countries. Collectively, these firms sell nearly 900,000 homes annually.Leading Real Estate Companies of ...

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Mauritius attracts Rs 10.6 billion in Foreign Direct Investment ...

Mauritius attracts Rs 10.6 billion in Foreign Direct Investment ...

Mauritius attracts Rs 10.6 billion in Foreign Direct Investment ...Mauritius attracts Rs 10.6 billion in Foreign Direct Investment ...During the first three quarters of 2016, Foreign Direct Investment has amounted to nearly Rs 10,6 billion (over US$ 286 m), compared to Rs 7,2 billion for the corresponding period in 2015, representing an increase of 46,8%. Over 69% (Rs 7,5 billion) have been represented by Real Estate activities, of which over 6,3 billion was invested in IRS, RES and IHS, ie non-resident property schemes and developments. Ken Poonoosamy of the Board of Investment adds : "An analysis ...

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Getting a mortgage in Mauritius

Getting a mortgage in Mauritius

Getting a mortgage in MauritiusINVESTING IN MAURITIUS HAS MANY ADVANTAGES, WHETHER YOU ARE A STUDENT, REAL ESTATE INVESTOR OR FAMILY RELOCATING TO THIS NEW COUNTRY.If you are a non-citizen, access to property is regulated and limited to certain areas and real estate projects. An agency specialized in the sale of such programs will be able to advise you. In some cases, the acquisition of real estate requires the financing by a banking institution that offers ...

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Mauritius 2024-25 Budget: Key Measures for Business, Property, and Foreign Investments

Mauritius 2024-25 Budget: Key Measures for Business, Property, and Foreign Investments

Mauritius 2024 Budget: Key Measures for Business, Property, and Foreign InvestmentsThis afternoon the 7th June 2024, Dr the Hon Renganaden Padayachy, Minister of Finance, Economic Planning and Development, has presented his 5th national budget speech during this GovernmentHere are the highlighted measures from the budget speech that pertain to ease of doing business, property – including a special mention about land estates (morcellements), and non-citizens.Ease of Doing Business ...

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How to estimate the price of a property in Mauritius

How to estimate the price of a property in Mauritius

How to estimate the price of a property in MauritiusReal estate investments are going well in Mauritius, but to sell your house or apartment, it is still necessary to evaluate your property.An owner always wants the best price for their property and the buyer usually tries to negotiate a reduced price. However, evaluation requires objectivity. To do this, one must observe a number of criteria.The location of the propertyThe environment in which the property is located is the first criterion to be considered in the valuation of a ...

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How to buy real estate in Mauritius, as a non-citizen

How to buy real estate in Mauritius, as a non-citizen

How to buy in Mauritius as a non-citizenYou may be asking yourself how as a non-citizen are you able to buy a property in Mauritius. It’s simple. Philippe de Beer, CEO of Park Lane Properties explains how to acquire a property and how to obtain Permanent Residence with your real estate purchase:You can ONLY buy a property in developments which are “Accessible to non-citizens”.Over the years, different types of real ...

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Rights and obligations when renting a property in Mauritius

Rights and obligations when renting a property in Mauritius

Rights and obligations when renting a property in MauritiusWhen looking for a property to rent in Mauritius, some important aspects should be considered as a tenant. The signing of a rental lease agreement certifies the rights and obligations of both parties, namely the Lessee and the Landlord.All the important details must be mentioned in this contract which must be carefully read so that everyone is aware of their rights and duties towards each other. The laws governing the renting of real estate are covered in the Civil Code of Mauritius, more specifically from Article 1721 to ...

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Investing in Rental Real Estate in Mauritius

Investing in Rental Real Estate in Mauritius

Investing in Rental Real Estate in MauritiusMauritius provides a favorable environment for any kind of investment, including real estate investment. While some buy property for resale, others are more interested in rental real estate. Mauritius is of great interest to this type of investor because it offers considerable benefits. In this article, we invite you to discover good reasons to invest in rental real estate in Mauritius.Rental real estate, a more profitable investmentInvestment in rental real estate is the operation ...

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Optimise the purchase of a property in Mauritius: buy in own name or via a SPV?

Optimise the purchase of a property in Mauritius: buy in own name or via a SPV?

What mode of acquisition should you choose when considering buying a property? One often hesitates to buy in his personal name, through a company, a limited liability company or a trust. There are a lot of misconceptions about transparency and tax-related issues that need to be addressed. Certain points of law have also evolved over the years. We had the pleasure to meet Mr. Ashvin Krishna Dwarka, Notary in Mauritius, Partner of the Office Notarial de l’Isle-de-France, who very willingly enlightened us on the subject.

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Fraser Institute Report: Mauritius well positioned

Fraser Institute Report: Mauritius well positioned

Fraser Institute Report: Mauritius well positioned in the Economic Freedom of the World ranking.The report, "Economic Freedom of the World: 2022" findings ranked Mauritius as ninth among the most pro-economic freedom countries.The first place is occupied by Hong Kong, followed by Singapore, Switzerland, New Zealand, Denmark, Australia, the United States, Estonia, Mauritius and Ireland. Mauritius is listed ahead of several major countries such as Japan (12th), Germany (24th), Italy (43rd), France (54th), India (90th), Russia ...

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Eligibility for the acquisition of a PDS property in Mauritius

Eligibility for the acquisition of a PDS property in Mauritius

Eligibility for the acquisition of a PDS property in MauritiusThe PDS programs represent an excellent opportunity for foreigners wishing to settle in Mauritius, whether as an individual or a company. The acquisition of a property within the framework of this scheme will make the buyers benefit from tax advantages in Mauritius. However, there are legal conditions for a person to officially acquire such property. In this article, you ...

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CAP TAMARIN - THE SMART & HAPPY VILLAGE in Mauritius

CAP TAMARIN - THE SMART & HAPPY VILLAGE in Mauritius

CAP TAMARIN - THE SMART & HAPPY VILLAGE in MauritiusImagine a place where you can savour each moment of every day! A place that allows you to live life to the fullest. A place where all the essentials are in close proximity. A place where adventure is a stone’s throw away. A place where people of all ages and cultures live together. A great place you can call home!An extension of the village of Tamarin and developed over an area of 44 hectares, Cap Tamarin is the smart village of tomorrow that puts YOU and YOUR HAPPINESS at the heart of all its developments. With the iconic La Tourelle mountain in the backdrop and ...

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Windfall for South Africans with property in Mauritius ?

Windfall for South Africans with property in Mauritius ?

Windfall for South Africans with property in Mauritius ?A great opportunity for South Africans to invest in real estate in MauritiusPORT LOUIS – A change to the regulatory requirements for property investment schemes that have lured many affluent South Africans to the Mauritian property market could boost the value of properties bought under the older, less stringent schemes.In its 2015/16 budget, the Mauritian government announced that the Integrated Resort Scheme (IRS) and Real Estate Scheme (RES) would be restructured and replaced by a new scheme, the Property Development Scheme (PDS). The PDS would require developers to ...

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Senior Habitat: Retiring in Mauritius

Senior Habitat: Retiring in Mauritius

Senior Habitat: Retiring in MauritiusWhen retirement comes, many want to leave France to live in a new environment. Beyond a simple vacation, retirees plan to settle more permanently in the tropics. For some years now, Mauritius has become the most popular destination for retired French people. And this is not surprising. One just needs to see this heavenly place to be convinced. Offering numerous appealing advantages, it is a place that provides a whole new lifestyle. Whether it is for fiscal or health reasons, or any other aspect of life, the attraction for Mauritius is justified.An advantageous tax systemThrough its ...

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Property in Mauritius : Careful when buying property in direct with an owner

Property in Mauritius : Careful when buying property in direct with an owner

Property in Mauritius : Careful when buying property in direct with an ownerCautionary note on real estate acquisitions between individualsOn real estate sites online, including in Mauritius, you can find everything in terms of prices, with vendors trying to sell their property in Mauritius directly to potential buyers at a much higher price than the market price. It is best to find your property through a good realtor in Mauritius, recognized and patented. The real estate agent will tell you if the sale price is in line with the property market in Mauritius, and will tell you if it’s a good deal or if the property may be ...

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Invest in Mauritius: Simplifying fund externalization from South Africa

Invest in Mauritius: Simplifying fund externalization from South Africa

For South Africans considering buying property in Mauritius, the process of externalizing funds from South Africa and ensuring SARS tax compliance can seem daunting. This article aims to simplify the steps involved, providing a clear guide for individuals looking to move their money out of South Africa to invest in real estate in Mauritius. We thank Peter Droussiotis (Photo), Foreign Exchange Consultant at Legacy Family Wealth (Pty) Ltd based in Bryanston, for his valuable input on this matter.The article explores how South Africans can get their funds remitted out of South Africa against ...

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All about tax advantages in Mauritius

All about tax advantages in Mauritius

All about tax advantages in MauritiusIt makes sense why many foreigners have chosen to relocate and invest in Mauritius: The tax advantages here rank amongst the top 10 in the world!Mauritius emerged no. 13 out of 190 countries and no. 1 in Africa in the 2020 World Bank Doing Business Report. This is a jump from 20th place the previous year and the highest for Mauritius since 2007.Here are some of the tax advantages in Mauritius for residents and foreign investors:• double taxation agreements with more than 40 countries• income tax rate at a flat 15 percent• no taxes on dividends, ...

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Non-Citizens can now buy apartments above Rs 6 m

Non-Citizens can now buy apartments above Rs 6 m

Non-Citizens can now buy apartments above Rs 6 mReal estate investment is now available to non-residents in MauritiusNon-Citizens can now buy apartments in Ground + 2 buildings without necessarily having an occupational permit in hand, which was the requirement previously, and with no limitation on the number of units being bought and with the right to rent them out, which was not the case up to now.The Non-Citizens (Property Restriction) Act has been amended on 20 December 2016 to allow foreigners to purchase apartments in condominium developments of at least two levels above ground (G+2) with the prior approval of the ...

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Real estate in Mauritius : Construction legislation - the 10 year guarantee is being put in place

Real estate in Mauritius : Construction legislation - the 10 year guarantee is being put in place

Real estate in Mauritius : Construction legislation - the 10 year guarantee is being put in placeTen Year Guarantee for real estate developments in MauritiusIt would seem that new regulations are being put in place in Mauritius, for the benefit of buyers of properties in real estate developments in Mauritius. Excellent news ! Read the article attached published in l’Express newspaper in Mauritius on 8 april 2013 (article in french attached).

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3 reasons why Mauritius is becoming a hotspot for South Africans to retire!

3 reasons why Mauritius is becoming a hotspot for South Africans to retire!

3 reasons why Mauritius is becoming a hotspot for South Africans to retire!‘IT’S NO EASY DECISION TO LEAVE YOUR COUNTRY, CULTURE AND PEOPLE, HOWEVER MAURITIUS SEEMS TO BE AN INCREASINGLY EASY TRANSITION FOR MANY RETIREES.’ When it comes to the crux of it there are three simple reasons why South Africans are willing to pack up their lives, put their property up for sale and make a new life in Mauritius. 1. SUN AND SURFSimply put it’s a paradise. The lure of palm trees, cocktails out of coconuts and the piercing blue ocean that you see on the front page of getaway magazine becomes a daily ...

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Mauritius: the right choice to invest in real estate

Mauritius: the right choice to invest in real estate

Mauritius: the right choice to invest in real estateMauritius represents an interesting destination for expatriates for many reasons. Whether they are looking for a new life or just motivated by an investment in real estate, foreigners have found in Mauritius the ideal place to settle. A wonderful quality of life, a good geographical location between Africa and Asia, tax benefits ... this island has it all. If you are looking for an interesting opportunity, here is one that you should grab as quickly as possible.A very solicited investmentMauritius allows a 

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Mauritius Budget 2020-21 Real Estate related measures

Mauritius Budget 2020-21 Real Estate related measures

Mauritius Budget 2020-21 Real Estate related measuresSince the 31st May 2020, Mauritius has resumed its normal business activity after the end of the confinement was officially announced. In this critical socio-economic climate, Dr the Honourable R. Padayachy, Minister of Finance, Economic Planning and Development delivered his first budget speech Thursday 5th June, followed by a week of parliamentary discussions.You will find below the measures relating to the real estate sector as well as the measures taken to encourage non-citizens to choose Mauritius as a destination of choice to retire, live, work and invest ...

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January-April 2021 and real estate in Mauritius

January-April 2021 and real estate in Mauritius

January-April 2021 and real estate in MauritiusInvited by ionnews.mu, our CEO Philippe de Beer shared some valuable feedback about real estate in Mauritius during these first few months of 2021.Philippe de Beer: "It’s a good time for real estate investment"The year 2021 took the same turn as the previous one, with a second confinement which, "fortunately lasted less" rejoices Philippe de Beer, CEO and founder of Park Lane Properties. " Although real estate activities continued at a distance, it was difficult to close deals. With the lockdown, the signing of authentic deeds was postponed and the process of engaging ...

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COVID-19 Bill: Landlord and Tenant Act amended

COVID-19 Bill: Landlord and Tenant Act amended

COVID-19 Bill: Landlord and Tenant Act amendedWith the world leaders meeting, discussing, and finding ways to ease the population back into the workforce and active life, there has been important amendements made to 56 laws in Mauritius.Concerning the real estate sector, article 30 of the COVID-19 law (Miscellaneous provisions) relates to amendments to the law governing the rental of property (Landlord & Tenant Act) listed below, and granting a six-month moratorium on payment rent for those renting professional, commercial and residential premises. The objective is to allow those who could not or cannot pay their rent during the ...

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“Force Majeure” and Coronavirus Disease (COVID-19) under the Laws of Mauritius

“Force Majeure” and Coronavirus Disease (COVID-19) under the Laws of Mauritius

“Force Majeure” and Coronavirus Disease (COVID-19) under the Laws of MauritiusWhat is Force Majeure? A force majeure refers to the occurrence of an event which is outside the reasonable control of a party and which prevents that party from performing its obligations under a contract.Therefore, “La force majeure est un cas d’exonération de la responsabilité.”The “test” for force majeure is an objective test which requires the satisfaction of two criteria:-(i) Imprévisible (dans la survenance de l’évènement)-Unpredictable (in the happening of the event)Whether the event would normally be unpredictable ...

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The concept of PDS in Mauritius

The concept of PDS in Mauritius

The concept of PDS in MauritiusIn recent years, Mauritius has opened to foreign investment by setting up schemes and incentives to encourage and facilitate foreign direct investment. Several initiatives have been taken to allow foreigners to acquire real estate in Mauritius. The first real estate investment scheme was the IRS (Integrated Resort Scheme) launched in 2002, then the RES (Real Estate Scheme) in 2006. In 2015, the authorities combined various elements from the IRS and the RES under a new scheme, the PDS (Property Development Scheme), which was then fine-tuned with some changes.The PDS program for social ...

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Sports Activities and Leisure Attractions in Mauritius

Sports Activities and Leisure Attractions in Mauritius

Sports Activities and Leisure Attractions in MauritiusActivities around nature in MauritiusYou have decided to go to Mauritius as part of your next vacation? It is a perfect choice as this country in the Indian Ocean is a destination most appreciated by many travelers. With a focus on family, Mauritius stands out for its unmatched conviviality. For your holidays, enjoy the various activities you will find around the island.Swimming with dolphinsAdults and children will certainly be delighted to meet wild and free dolphins. Why not go to the Bay of Tamarin and Black River to discover these sublime animals that ...

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Rent property in Mauritius

Rent property in Mauritius

Rent Property in MauritiusWhen investing in real estate, there are many ways to make it a profitable investment, and one of them is to rent it out. In Mauritius, the rental property market is booming. Whether for houses, apartments or studios, the demand for long term rentals is there. They can come from Mauritians, expatriates or students. To properly rent out your property in Mauritius, it is important to know the market and be well accompanied.The importance of the geographical location of the propertyAlthough properties that are located outside urban areas are sought after for calm ...

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Tax advantages in Mauritius

Tax advantages in Mauritius

Tax advantages in MauritiusMauritius is ranked among the most ethical countries in terms of taxation by the Organization for Economic Cooperation and Development (OECD). As such, it attracts many foreign investors. Companies, individuals or retirees, all come to benefit from the tax advantages offered by this island with dream landscapes. A flourishing real estate market, a booming economy, a stable political life, not to mention the advantages of a tropical climate, Mauritius is a flagship destination for expatriates and foreign investors.An advantageous tax systemMauritius is one of the countries with the lowest taxes. ...

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COVID-19 : The Mauritian real estate market and the prospects for recovery

COVID-19 : The Mauritian real estate market and the prospects for recovery

COVID-19 : The Mauritian real estate market and the prospects for recoveryL’Express Properties interviewed Philippe de Beer, the CEO of Park Lane Properties, about his views and vision for the Mauritian property sector following the Covid-19 pandemic.The Coronavirus is all over the news, and each of us follows with the greatest attention, the many statistics and facts covered - in particular, concerning the consequences on global economy and real estate investments.EP: How did you organize yourself when the Coronavirus crisis affected Mauritius?PDB: Our team quickly set up a ’work ...

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Business Magazine interviews Philippe de Beer, CEO Park Lane Properties

Business Magazine interviews Philippe de Beer, CEO Park Lane Properties

Business Magazine interviews Philippe de Beer, CEO Park Lane Properties"Investment in commercial spaces has become more attractive than residential properties"25/10/2018. Business Magazine, the weekly economic magazine of Mauritius, asks Philippe de Beer for professional real estate advice:BM: What is your view on the evolution of the real estate sector since the beginning of the year?PDB: " The local real estate market remains very active. First of all, access to home ownership for an emerging middle class remains one of their primary objectives with ...

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What is so attractive with Mauritius and how is the property market ?

What is so attractive with Mauritius and how is the property market ?

What is so attractive with Mauritius and how is the property market ?What is so attractive with Mauritius and why would someone come and live there ?Mauritius, a beautiful island in the middle of the Indian Ocean, situated in the ‘golden triangle’ connecting Asia, Africa and Australia, is undoubtedly one of the most attractive countries in the world to live in. An ideal combination of political and economic stability, a clean and safe environment, magnificient lagoons, great road infrastructures and relatively low tax rates make it the ultimate place of residence, easy air access, with a very convenient time zone with Europe ...

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Investing in Real Estate in Mauritius is Smarter Than Ever

Investing in Real Estate in Mauritius is Smarter Than Ever

Investing in Real Estate in Mauritius is Smarter Than EverWhite sand beaches, clear turquoise blue lagoons, lush tropical vegetation, untouched natural beauty, a favourable all-year round climate, beautifully designed homes… It’s easy to see how investing in property in Mauritius is becoming more and more popular with the young and the not-so-young.Many developments now offer sustainability, leisure, and commercial facilities, even schools, to complete the idyllic and privileged existence on one of the most beautiful islands in the world.“It’s not simply about buying a house, it’s about embracing a lifestyle. And ...

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International Schools in Mauritius

International Schools in Mauritius

International Schools in MauritiusEducation in MauritiusThe education system in Mauritius is based on the British system as the island is a former British colony. The system is generally split up into pre-primary, primary, secondary and tertiary. The teaching of English and French is compulsory in all schools.Children enter primary school at age 5 and study for 6 years towards their certificate of primary education. After completing 4 more years, students write their O-Levels in at least 6 subjects. College-bound students continue for 2 more years in preparation for the A-Level examinations administered by ...

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BUDGET BRIEF 2016-2017 : measures relating to the real estate sector

BUDGET BRIEF 2016-2017 : measures relating to the real estate sector

BUDGET BRIEF 2016-2017 : measures relating to the real estate sectorThe Following measures will impact positively the real estate sector :REGISTRATION DUTIES· Exemption for a Mauritian acquiring a newly built dwelling costing less than Rs.6 million on land which is not on Pas Géométriques or within an Integrated Resort Scheme, Real Estate Scheme, Property Development Scheme or Hotel Invest Scheme during the period from 1 September 2016 to 30 June 2020.· Exemption for a promoter when acquiring land (which is not on Pas Géométriques or within an Integrated Resort Scheme, Real Estate Scheme, Property Development ...

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Buying buildable land in Mauritius

Buying buildable land in Mauritius

Buying buildable land in MauritiusA project to build a house depends, of course, on the acquisition of land. However, this cannot be done without giving it some thought and going through a process. The choice of the right residential land to build your villa is a decision that requires careful consideration for your real estate project. The ideal plot of land should meet a number of criteria related to its status to ensure you will be able to build on it. There are essential steps to take when embarking in the acquisition of land successfully.Choosing the right groundTo begin with, the first thing to do is to obtain the ...

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Customer Reviews Gain Weight in the Real Estate Industry

Customer Reviews Gain Weight in the Real Estate Industry

Customer Reviews Gain Weight in the Real Estate IndustryAfter conquering the tourism, hotel and ecommerce sectors, customer reviews are now gaining the real estate market.As individuals become increasingly demanding, industry professionals know not to underestimate their comments, or even capitalize on them. In a tense real estate market and with more and more volatile consumers, real estate professionals must offer an irreproachable customer service.When it comes to choosing a real estate agency to buy or sell a property, many individuals consider customer reviews, word of mouth or the advice of friends as essential ...

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Real Estate in Mauritius & Park Lane Properties : An overview of 2020

Real Estate in Mauritius & Park Lane Properties : An overview of 2020

An overview of 2020The end of the year is already here and it’s time to breathe a huge sigh of relief when bidding goodbye to 2020 !It is with prudence, but also with a small tingle of excitement, that we all look forward to starting a new year ... anticipating that it will bring its load of promises and hope for everyone.When reviewing 2020, I am sure you fully agree with me that it was a very challenging year for everyone, far and near.Challenges lead to Adaptations and Record Results ...

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