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Author: Gina Meintjes, 25 June 2021,
International

New "The Welnest" development in Mauritius offers attractive investment ROI

Mauritius is becoming more popular with South African property buyers by the day. Ms Severine Dalais-Pietersen, marketing executive with Seeff Mauritius says there has been a notable uptick in demand from South Africans to buy on the island, especially with the news of the borders re-opening.

The first phase of reopening starts on the 15th of July to the 30th of September where a vaccinated person will be able to stay for 14 days in a hotel and use all the facilities and then either fly back or visit the island afterwards. The island is anticipated to open fully with no restrictions (for vaccinated people only) from the 1st of October.

Seeff Mauritius is delighted to present the latest exciting development for South African buyers, “The Welnest Residential Hideaway” which is located on the north-west coast of Mauritius.

It is situated 25-minutes from Port Louis midway to Grand Baie and faces the Maritim Resort and Spa Mauritius beachside golf course and the Turtle Bay 18-hole championship golf course. It is in close proximity to business nodes and schools, thus offering a wide appeal to buyers of all ages.

Property owners in The Welnest will have access to a fantastic beachside and historical estate of over 60 acres along the 800m long natural beach of Turtle Bay, the first protected marine park of Mauritius.

The development offers a spectacular setting and a modern lifestyle with all the amenities that you will need. There is a choice of property types including apartments with two to four bedrooms, four-bedroomed penthouses and villas with three to four bedrooms.

Price starts from around R5,5 million (MUR 15.7 million) (plus costs) for a two-bedroomed apartment. Buyers can also benefit from a great return on investment as there is a rental service available and demand is expected to be high. There is a choice of three rental schemes available from Maritim.

Maritim is a 5-star resort with an impeccable track record of over 30 years in Mauritius and the development offers an investment buy with a brilliant return on investment, says Ms Dalais-Pietersen.

Amenities include beach resort facilities including beach and sea access, a hotel service for all residences, restaurants, leisure centre with various facilities including a fitness centre and spa and open-air meditation decks with yoga and tai chi classes.

South Africans are able to obtain a residence visa in Mauritius and the government has reduced the required property investment to USD 375 000 (from the previous USD 500 000). They have also introduced a long-stay visa for a year which is a great option for those looking to get a feel for the island before committing to a permanent move, says Ms Dalais-Pietersen. Conditions apply to both.

Mauritius offers stability and a favourable business and tax environment. There are various options available for South Africans, you could move here permanently as there are excellent schools and opportunities for entrepreneurs, or you may want to retire, or invest in a second home for remote working or holiday purposes. Many of the developments offer great opportunities for rental returns.

Contact Seeff Mauritius by email at mauritius@seeff.com or https://mauritius.seeff.com/.


Photographs enclosed
Illustrations of The Welnest Residential Hideaway, located on the north-west coast of Mauritius which offers a choice of apartments, penthouses and villas, priced from around R5,5 million