Foreigners Can Invest in New Hotel Development at Les Salines

Category: Buying a Property

Exciting New Hotel Development in Les Salines, Black River

The picturesque region of Black River, located in the west of Mauritius, is set to welcome a stunning new hotel development in the area of Les Salines.

This ambitious project promises to enhance the local tourism landscape and offer luxurious accommodations for both locals and tourists.

 

Project Overview 

Development Timeline and Permits

The project began in early 2023, with a target completion date in late 2025. It has successfully obtained all necessary permits, including environmental clearances, ensuring compliance with local regulations and environmental standards.

These permits are essential for addressing concerns about the ecological impact and ensuring sustainable development. 

Key Features of the Development

The new hotel development will feature a state-of-the-art resort with multiple high-end hotels, designed to provide a blend of luxury and comfort.

The project aims to cater to a diverse range of guests, from business travellers to families seeking a relaxing getaway. The resort will include top-tier amenities such as fine dining restaurants, wellness spas, and recreational facilities.

 

Environmental Impact and Sustainability

Sustainability Measures

The developers are committed to incorporating sustainable practices in the project.

The development includes eco-friendly designs and the use of renewable energy sources, aiming to minimise its environmental footprint. These efforts are in line with global sustainability goals and the local commitment to preserving natural resources. 

Corporate Environmental Responsibility

The company has conducted extensive environmental impact assessments and engaged with the local community to address ecological concerns.

Initiatives such as preserving local biodiversity and using sustainable construction materials highlight the company's dedication to corporate environmental responsibility. 

 

Economic and Social Benefits

Boost to Local Economy

The new hotel is expected to provide significant economic benefits, including job creation and increased tourism revenue. The influx of visitors will also stimulate local businesses and services, contributing to the overall economic growth of the Black River region.

Investment Opportunities

This development opens up numerous investment opportunities in the region. Investors can explore various options, from luxury residential properties to commercial spaces.

The project is anticipated to elevate the value of real estate in the area, making it an attractive prospect for both local and international investors.

 

EDB Insights

According to the Economic Development Board (EDB) of Mauritius, the Invest Hotel Scheme (IHS) allows property developers to sell units in hotels to individual buyers. This scheme is designed to attract foreign investment and enhance the hospitality sector.

Buyers can rent out their units while they are not in use, offering a lucrative return on investment. The owner becomes eligible for a residence permit if the unit or room is purchased for at least USD 375,000. This ensures high operational standards and sustainable income for investors. 

Development Partnership

Amirek Holdings has held the rights to a substantial 15-acre plot of state land in Les Salines since July 2019, intended for the development of a hotel with 180 rooms and 50 residential units.

To bring this project to life, Amirek Holdings is collaborating with Edenrock Property Developments Ltd, which will serve as the main strategic developer. 

 

Final Thoughts

The new hotel development in Les Salines, Black River is a transformative project poised to boost the local economy, promote sustainable tourism, and enhance the real estate market in Mauritius. This venture signifies a significant step towards positioning Mauritius as a premier destination for luxury travel and investment. 

When it comes to buying, selling, or renting properties in Mauritius, Property Finder is your trusted partner. With extensive local knowledge and a commitment to excellence, we help you find the best real estate opportunities on the island.

Whether you're looking for a luxury villa, a cosy apartment, or a commercial space, Property Finder is here to guide you every step of the way. 

 

#MauritiusRealEstate #LesSalinesDevelopment #BlackRiverMauritius #SustainableTourism #PropertyFinder

 

 

Property Finder Mauritius

2024-07-22 06:35:47

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