Mauritius offers a high quality of life, thanks to its favorable climate, safety, and exceptional environment, making it a preferred destination for residence. At the same time, Mauritius remains an outstanding tourist destination with consistently high demand for temporary accommodation. While the island is renowned for its luxurious resorts, an increasing number of travelers are now opting to rent apartments and villas.
Seasonal rental, a growing demand
While hotels used to be the go-to option for most tourists visiting the island, vacation rentals are now gaining popularity. These rentals offer travelers a wider variety of options, such as villas, houses, and apartments. This provides an attractive alternative, delivering more room, flexibility, privacy, and, notably, pricing choices that cater to a range of budgets.
This shift in travel preferences seems driven by a desire to reconnect with nature and a quest for more authentic experiences, partly influenced by environmental awareness and the impacts of the COVID-19 pandemic. For some, the idea of staying in a remote 5-star all-inclusive hotel is no longer the ultimate dream.
On the other hand, digital nomadism, popularized by social media, has further led many to reevaluate their approach to travel. As a result, there is a growing demand for mid-term accommodations in Mauritius led by digital nomads. This is made easy for digital nomads as the process of establishing a temporary office in the country for a few months is relatively straightforward, thanks to the availability of free automatic tourist visas for many nationalities.
Laurent Marais, who owns the Villa des Sens in Baie du Cap, located in the Domaine d'Anbalaba, has experienced this shift first hand: "The country is incredibly appealing, and tenants are showing great interest. In just a few months, I've already experienced a high lever of occupancy for my villa, with bookings extending all the way up to April 2024."
The benefits of rental management
Investing in property in Mauritius is a smart choice, and the tax system offers significant advantages, including a 15% income tax rate, exemption from property tax, and no inheritance tax, among others.
For those interested in purchasing a second property for rental purposes or renting out their own home when they are away from the island, opting for rental management makes perfect sense, both from a financial and practical standpoint.
This entails handing over the management and oversight of a property to an experienced professional in the field in exchange for a fee.
This service allows property owners to fully utilize their property, whether it's their primary residence (especially if you're an expatriate frequently traveling for work) or a second home, without the need to handle all the administrative, financial, maintenance, and sometimes marketing responsibilities associated with renting it out.
A large number of property owners in Mauritius are foreigners residing in their home countries, and they often lack the time to effectively oversee the management of their properties. That's why they opt for the services of a rental management professional.
As Laurent Marais puts it, "Rental management is highly effective in Mauritius. It allows me to enjoy my villa when I visit Mauritius and effortlessly rent it out the rest of the time."
Investing in the south at Domaine d'Anbalaba
Buying a property in the south of Mauritius offers several attractive advantages: lush tropical vegetation and a turquoise lagoon as far as the eye can see, water sports activities (kite surfing, paddle, fishing, etc.), guaranteed tranquility and a sense of escape.
Purchasing a property in the southern region of Mauritius comes with several attractive benefits: abundant tropical vegetation, a turquoise lagoon, a range of water sports activities such as kite surfing, paddleboarding, and fishing, a guarantee of tranquility, and a genuine sense of escape.
The Mauritian government is actively promoting the growth of the southern region and is undertaking infrastructure initiatives such as road enhancements and the establishment of alternative tourism amenities and services to boost the area's economic development. This is expected to result in a rise in property values.
Domaine d'Anbalaba, Mauritius' up-and-coming southern lifestyle destination, is situated in Baie du Cap, just a short distance from Morne Brabant. "It's the ideal place to unwind and recharge. The infinity pool provides a breathtaking view of the lagoon and the ocean. The tropical garden is absolutely stunning, and there's not much more you need," says Laurent Marais.
Domaine d'Anbalaba offers its residents a full-fledged rental management service, encompassing administrative and financial management, promotion of villas and apartments, and continuous customer support during their stay.
The projected rental return for a property in Domaine d'Anbalaba stands at approximately 4% when considering a 50% occupancy rate.
If you're keen on learning more about acquiring property at Domaine d'Anbalaba and our rental management services, click here to access further information!
