Transactions were slowed down during the confinement but since the property market quickly resumed its activities to catch up for the delay. The crisis has particularly impacted a certain category of buyers, those who wanted to contract a property loan and who had little or no personal capital contribution were forced to leave the market. However the other categories of buyers are still active as relocations (for work, for a lifestyle change, for expatriation) continue to happen and there is still the need to house the seniors as well as people with limited mobility.

During the past years, numerous real estate projects in Mauritius have been sold under the Vente en l'État Futur d’Achèvement (VEFA) also known as the off-plan buying. Governed by the French Civil Code, this type of transaction allows the buyer to acquire a property which has yet to be built or whose construction has not yet been completed, on the basis of plans and descriptive and graphic documents, provided by the promoter.

Mauritius is a great place to live all year round with its perfect blend of breathtaking landscapes, quality accommodation, education facilities, healthcare system, sports and recreational amenities and shopping centres. One of the fastest growing african countries, it also offers a plethora of investment opportunities.

This ambitious economic development project launched in 2015 by the Economic Development Board (EDB, formerly known as the Board Of Investment - BOI), with the support of the Mauritian Government, aims to consolidate Mauritius into a full-fledged international business and financial hub through the development of Smart Cities across the island.

Construction industry disruption, real estate transactions freezing, closure of notarial studies, financial institutions’ activities slowing down, the impacts of Covid-19 are raising questions and concerns in future buyers.

Cap Tamarin Ltd has announced today that it has received $ 10 million in funding from Vantage Capital Fund Manager (PTY) Ltd. This Johannesburg-based company has funds under management and investments of over $500 million. Cap Tamarin Ltd is the first Mauritian company financed by the South African company. This investment will [...]