Can foreigners buy property in Mauritius?

Yes. Foreign nationals can buy property through approved schemes: PDS, Smart City and G+2 apartments. A minimum purchase of USD 375,000 under PDS or Smart City entitles the buyer to a Permanent Residence Permit.

Is Mauritius property a good investment?

Yes. Mauritius offers no capital gains tax, no inheritance tax and a flat 15% income tax. Prime coastal villas have seen 8–12% annual appreciation. Strong expat rental demand supports yields of 4–7% long-term and up to 14% for short-term holiday lets.

Which area of Mauritius is best to buy property?

The West (Tamarin, Black River) is the lifestyle leader. Grand Baie in the North has the best infrastructure and expat community. The East (Belle Mare) offers the finest beaches. The South is most affordable. Central Mauritius suits rental-yield investors.

Back to BlogMarket Report

Mauritius Property Market Report Q1 2025

8 min read

·15 March 2025

The Mauritius luxury property market continues to outperform regional benchmarks.

The Mauritius luxury property market has delivered exceptional performance through Q1 2025, with West Coast villas leading demand from French and British buyers seeking Indian Ocean lifestyle properties.

Key Market Trends

West Coast dominance continues. Tamarin and Black River remain the epicentre of villa demand, with properties commanding premiums of 15-25% over similar stock in the North. Limited land availability and proximity to world-class surf breaks and beaches continue to drive this premium.

North experiences a resurgence. Grand Baie and Pereybère have seen a 23% year-on-year increase in enquiries, driven largely by expatriate professionals relocating under Mauritius's Premium Visa program. Long-term rental demand has outpaced supply for the sixth consecutive quarter.

Expat buyers dominate transactions. French nationals continue to represent the largest buyer cohort at 28% of all transactions, followed by British (19%) and South African (14%) buyers. The absence of capital gains tax and inheritance tax remains a critical differentiator versus European markets.

Pricing Trends

Luxury villas (3BR+, pool, sea views) in the West are transacting at €1.2M–€3.5M, a 12% increase on H2 2024. Apartments in Grand Baie are stabilising at €250K–€450K for 2-bedroom units, while the Central Plateau continues to represent the strongest value proposition for buyer-occupiers at €150K–€280K.

Investment Outlook

We expect continued price appreciation of 8-12% through 2025, supported by:

Limited new IRS/PDS land supply in primary locations
Growing Premium Visa and Occupation Permit applications
Increasing interest from Middle Eastern HNWI following Mauritius-UAE investment treaties
Infrastructure improvements (new motorway links to the South)

Bottom line: Mauritius remains one of the most compelling property investment destinations globally, combining lifestyle appeal with genuine financial returns.

Hand-picked