Ever wondered who's behind Mauritius' booming property market? The island paradise isn't just capturing tourists' hearts- it's winning over international investors' wallets too.
Recent data paints a fascinating picture. French nationals dominate the market at a whopping 42% of foreign buyers. South African follow at 22%. French buyers are particularly drawn by significant tax advantages—a 15% flat tax compared to France's 45% rate—alongside cultural familiarity from the island's French heritage. South Africans, meanwhile, value the geographic proximity, political stability, and financial security Mauritius offers.
What's truly remarkable? The Mauritius property scene has attracted buyers from 76 different nationalities since 2005, with 42 countries represented in 2023 alone. British investors form the third-largest group at 7%, while Mauritian nationals account for 9% of purchases in these international schemes.
Keep an eye out for Chinese investors, too – they're the new kids on the block, with interest climbing steadily since 2020. Their growing presence signals an exciting shift as Mauritius transforms from retirement haven to dynamic investment hotspot.
The typical investor profile skews mature—61% of buyers are over 50, confirming Mauritius' allure as a retirement haven. But don't be fooled—younger investors under 50 now represent 39% of purchases, showing our market's evolving appeal beyond the retirement crowd.
Geography matters too. The northern districts (Rivière du Rempart and Pamplemousses) capture 51% of sales, with the western region (Black River) accounting for 26%. Certain nationality preferences emerging—French buyers gravitating north, South Africans traditionally preferring the west, and Swiss investors favoring eastern properties.
Most investors (69%) purchase property directly, though a significant 31% use corporate structures. Property preferences reveal a clear picture—villas (44%) and apartments (36%) dominating buyers' wish lists.
As for what people are buying – dreamers want villas (44%) while pragmatists prefer apartments (36%). The numbers speak volumes: sales to non-citizens have increased by 250% in count and 790% in value between 2011-2024.
With a stable politics, attractive tax regime, and lifestyle benefits, Mauritius continues cementing its position as a premier global real estate Hub—no longer just a holiday destination, but a place to call home.