Positive government legislation, the launch of ‘serviced land parcels’ for the local market, new ‘tourism residences’ focused on the international segment, and aggressive gearing within the local sector increasing access to capital - have all created an environment of growth that has spurred the performance of the real estate sector.
As we start a new year, we look into upcoming real estate trends for buyers and sellers to navigate the Mauritian market. The real estate sector has shown strong growth and exceptional tailwards over the past few years. Growing rapidly between residential, commercial, and the strategic development of land parcels. Below we look into the outlook for the 2025 residential market and upcoming trends.
Luxury gated communities: Both the North and West Coast are experiencing a boom in luxury villa and apartment developments, with high-end buyers attracted to each region's coastline and pristine beaches. Expect to see more exclusive gated communities and eco-friendly villas popping up in the coming months.
Smart City living takes off: The government's Smart City Scheme is gaining momentum, with several projects nearing completion. These integrated developments offer a modern lifestyle with state-of-the-art amenities, sustainable infrastructure, and attractive investment opportunities. Keep an eye on Mon Trésor Smart City and Moka Smart City for exciting new residential and commercial offerings.
Foreign Investment Remains Strong: Mauritius continues to attract foreign investment in the real estate sector. The island's stable political environment, favourable tax regime, and residency programs are key drivers for overseas buyers seeking a secure and lucrative investment.
Sustainable Building Practices Gain Traction: Developers are increasingly embracing sustainable building practices to minimize environmental impact and appeal to eco-conscious buyers. Expect to see more green features like solar panels, rainwater harvesting systems, and energy-efficient designs in new developments across the island.
The Rise of Construction on Serviced Land: With numerous developers successfully selling out phases of their masterplanned serviced land communities, a new wave of construction shall begin. Residential projects will take shape as families and young professionals increasingly gravitate towards a quieter lifestyle away from the bustling cosmopolitan hubs, favoring the tranquillity and promise of emerging suburban neighborhoods.