With experience that extends locally and globally, Mauritius Sotheby’s International Realty has surpassed projected sales values for the fiscal year ending June 2023. Notably, we achieved a remarkable milestone with the sale of a breathtaking beachfront villa at One & Only, St-Géran.
Excitingly, Mauritius Sotheby’s International Realty already has several high-value sales lined up for the upcoming fiscal year of 2023-2024, positioning us to surpass previous achievements and make this new financial year our most successful to date. If you’re looking to buy property in Mauritius, we are the ideal agency.
Amidst favorable market conditions, Timo Geldenhuys, Director of Mauritius Sotheby’s International Realty, provides his analysis for the upcoming financial year. “In the fiscal year ending June 2023, we witnessed a significant increase in demand for high-end luxury properties, positioning Mauritius as a secure environment amidst current global economic fluctuations. Additionally, real estate remains a reliable investment option for affluent buyers.”
Timo highlights that not only is the high-end property sector experiencing positive growth, but Mauritius, as a destination, is also attracting more investors seeking property acquisitions. “The island offers incredible opportunities for affluent buyers, especially with the presence of renowned brands such as Four Seasons and One & Only, St-Géran, who have undertaken prestigious property developments. As the high-end offerings expand and flourish, the market inventory embraces more specialized products with prices now reaching over USD 14 million, compared to a maximum of approximately USD 6 million a few years ago.“
It is important to highlight that in addition to offering residency, our island provides exceptional holistic experiences, including a pleasant climate throughout the year, stunning beaches, world-class resorts, a rich culinary scene, a diverse cultural landscape, and countless lifestyle amenities.
Timo emphasizes, “Furthermore, Mauritius offers a stable business environment and convenient connections to Dubai International Airport, with daily flights and easy access to Europe and the East.”
Overall, the team at Mauritius Sotheby’s International Realty anticipates a highly positive performance for the 2023-2024 financial year. “We have full confidence in the market outlook and are launching more aggressive marketing campaigns. We firmly believe that the Mauritius Sotheby’s International Realty brand provides high-end investors and entry-level buyers with the ideal opportunity to discover the exceptional lifestyle of Mauritius through properties that cater to their unique needs.”
We’re the industry’s best agents, curating with incomparable attention to style and detail. If you are looking to buy, sell, or rent a property, do not hesitate to contact us.
Published on June 30, 2023 by Laetitia Melidor