Severine Dalais-Pietersen, marketing executive of Seeff Mauritius says property hit a halt during the lockdown but there has been improvement since the lifting on the 1st of June.


Requests from South Africans willing to move or invest in Mauritius are increasing, but they are waiting until they can fly or visit before committing. Other investors are waiting for prices to come down, potentially should listings increase, she says.


With the interest rate at 3.35% and expected to go down further, it is a good time to buy and local Mauritians are investing in a lot of plots of land in the MUR 4 000 000 to MUR 10 000 000 range.


Rentals have been a “boom” with many properties coming back onto the market, but demand has slowed as 95% of tenants are expats. With borders not fully opened, the inflow of new potential tenants remains slow.


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