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Is it the right time for a rental in Mauritius?

Perspective

11/08/2022

Why choose to rent in Mauritius?

Whether it is winter or austral summer, the demand for rentals in Mauritius is always high. Indeed, the mild and sunny climate in the winter and the beautiful heat in the summer are reasons that keep an increased demand on the Mauritian property market all year round.

Since the opening of the borders, the rental market in Mauritius has seen an increase in demand. Mauritius has received a significant influx of foreign investors which has boosted the Mauritian real estate sector, especially the rental sector. Mauritius is a destination of choice. Its sublime beaches, its nature, its population at the crossroads of cultures and its numerous real estate programs advantageous for foreigners are assets to ensure a good real estate investment.

Are you looking for a rental in Mauritius?

After a period slowed down by the confinements and the COVID-19 pandemic, the year 2022 seems to indicate a period of renewal for the real estate sector in Mauritius. On the supply side, BARNES Mauritius consultants agree that supply is gradually increasing.

If you decide to discover Mauritius in complete independence and comfort, a villa or penthouse rental will be ideal for you. Renting allows you to live on site and to live as a long-term resident and to receive guests.

While Mauritius is a popular holiday destination, it has also been perfect for expatriates for many years. This thriving independent republic has a dynamic and growing property market. Houses, villas, studios, penthouses and apartments are available for rent in Mauritius. The rental market has been transformed by the introduction of real estate programmes for foreigners such as the PDS. Furnished houses or apartments are extremely varied in rent depending on their location and standing. An entry-level apartment in the city centre will cost you around Rs 20,000, or between 400 and 500 Euros. A nice furnished house will cost around Rs 50,000, or about 1,000 Euros. Then high-end houses, exceptional waterfront rentals, extremely modern or on a golf course can reach prices around Rs 200,000, or between 4,000 and 5,000 Euros per month. 

Or would you rather rent out your property?

If you wish to rent out your property in Mauritius, we advise you to follow several steps. From an administrative point of view, English remains the language used for all official documents. The tax conditions are also advantageous to encourage foreign investors.

Mauritius is very well served and has a large number of tourists throughout the year. The island has many tourist sites such as Cap Malheureux, the Pamplemousses gardens and the Labourdonnais estate to name but a few in the north of the island. It also has many sea activities such as kitesurfing, scuba diving, catamaran sailing or fishing. Golf, hiking and horseback riding are also available to vary the pleasures between land and sea.

You can also resort to rental management of your property if you wish. In this way, you can make a second home in Mauritius profitable during your absence. And you can count on the management of all the constraints linked to the rental which is taken care of by our real estate experts.

Do not hesitate to contact our teams at BARNES Mauritius, experts in real estate on the whole island thanks to its 5 agencies.

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