Theo Pietersen, Seeff’s MD in Mauritius, says not only will obtaining property in the luxury and contemporary coastal village of Azuri afford South African buyers with the opportunity to reside in a vibrant, tight knit and multicultural community set between the sea and a golf course, but Mauritius residency is also obtained by investing in the development.
“With the recent changes in the Mauritian government's property investment legislation, it is now a lot easier to invest in property on the island. This is regarded as an excellent investment and owners can generally benefit from excellent capital growth, especially when they invest early enough”.
“Serviced land in Azuri to build your dream home on is available from R6 million South African Rand, payment is allowed over two years and financing of up to 60% is available. Since Mauritius is an all year tourist destination rental income on your investment can also be optimised.
Apartments are available from R8.3 million, three or four bedroom penthouses are available from R20 million and individual villas are priced from R14.5 million to R21.5 million. These prices are based on an exchange rate of ZAR1 to MUR2.4.”
Pietersen continues that Azuri offers a resort and spa, many restaurants and bars, a tennis club, state of the art golf course, fitness club and nautical club amongst others.
Private international schools are also located within 20-25 minutes by car from Azuri, making it the ideal investment for families with school going children who would like to reside in the development permanently.
"Azuri offers a full range of services that cater to home owners and renters, including short and long term rental management, property sales and maintenance services such as plumbing, pools, gardening and dry cleaning. Event planning is also available”.
Author: Tanya van Buuren Botma, 02 May 2019, Area Focus