The project of two blocks and a total of 20 apartments is located in the popular Trou aux Biches in the north-west of the island, less than a kilometer from Grand Baie or the golf resort of Mont Choisy. The location offers a very nice line of beaches and is popular with both tourists and private accommodation providers.
Both blocks have three floors, and each will offer 10 tastefully designed apartments, including four penthouses.
On the ground and first floors, there are 2- and 3-bedroom apartments, while the top second floor will feature exclusive 3-bedroom penthouse apartments with private pools.
The KAZBA project is surrounded by gardens, and is within walking distance of the Trou aux Biches beaches. The property itself offers a harmonious blend of contemporary modern residential design set within a lush, evergreen landscaped environment.
6.15% of the property's net value comprises the administrative notary fee and the fee to the state authority EDB (Economic Development Board).
Mauritius, as a year-round destination, has gained significance in recent years for real estate investors. The benefits of the country, such as a uniform 15% tax, the absence of inheritance tax, and no wealth tax, make this location particularly attractive for high-income populations.
Mauritius offers the possibility of acquiring permanent residency when purchasing/investing in real estate exceeding $375,000 for the entire family of the investor (partner and children up to 24 years old).
Since Mauritius has never been involved in any war conflict and maintains good international relations, it is considered a safe destination. The economic and investment situation in the country is very good. It provides favorable conditions for tourists, digital nomads, and also offers the opportunity to obtain a work visa upon meeting certain requirements. The legal system consists of elements of both English and French law.
Investing in Mauritius is higher in terms of costs. However, one must consider the size of properties (usable floor area) as well as the fact of personal land ownership on an island with an area of only 2,040 km². The amenities, furnishings, and services found in investment properties are of high standard—sometimes even higher than in Europe.
Purchasing real estate in Mauritius offers several significant benefits that must be considered. Based on this, we recommend this investment to investors who have a higher budget and are willing to travel approximately 10 hours by air (in the case of a direct flight) to the destination.
If the investor positively evaluates these factors, they can expect a relatively high annual income from the investment property.