Unpacking the property prospects in Mauritius, Morocco, and South Africa, showcasing trends shaping their real estate landscapes.
Mauritius
Timo Geldenhuys
Director
Mauritius Sotheby’s
International Realty
The property market in Mauritius has seen remarkable growth over the years, attracting both local and international buyers. According to Timo Geldenhuys, Director at Mauritius Sotheby’s International Realty, “What’s interesting about Mauritius is that it offers a unique blend of landscapes, from ocean views and mountains to forests and vibrant city life, all within proximity. Whether in a city centre, a smart city, a golf estate, a marina, or a beachfront development, property buyers can choose a lifestyle that suits them, with other options just a short drive away. This flexibility allows purchasers to avoid compromising when making their decision.”
Timo highlights that “the property market caters to various budgets and property types – from family homes and investment properties to holiday residences; there’s something for everyone’s needs. In terms of pricing, you can get properties for around USD 375,000 or less if you’re looking to buy in a Smart City or for local buyers, but the prices can go up to USD 14 million – which is just amazing.”
Speaking on the regions that attract the most buyers, Timo observes that “foreign buyers are particularly drawn to the North and West Coasts. These regions offer international-standard educational institutions, world-class healthcare services, stunning beach properties, golf courses, marinas, and a lively entertainment scene featuring nature reserves, restaurants, bars, five-star hotels, and pristine beaches. We can definitely say that these areas provide a well-rounded lifestyle experience that is attractive to all buyers – be it international or local.”
The market has undergone significant changes over time. Timo explains, “The property market in Mauritius has undergone significant transformation over the past two decades, with sales value rising from around MUR 0.5 billion in 2005 to nearly MUR 24 billion in 2023. In terms of FDI influx, we have an increase of more than 50% from 2015 to 2023 – which is considerable. The price trend has also been changing over the years, increasing with demand and of course, in terms of sales we can see that the North and the West have grown in popularity over the years.”
Shifts in global economic conditions have also had an impact, creating opportunities for new buyers. “As for the buyers, new markets continue to emerge, as global economic conditions shift, attracting families looking for safe, attractive expatriation options and fiscal benefits. Based on the data trends and sustained demand from foreign buyers, I foresee continued growth in the real estate market, with a shift towards higher-value properties. Discerning buyers are increasingly recognising the unique and unparalleled value of our property offerings. As for the local market, increased revenue and more accessible banking facilities have made it easier for locals to acquire property in Mauritius. This segment is expected to grow as European-style apartments and penthouses become more common among Mauritian buyers,” Timo adds.
The property market in Mauritius has seen remarkable growth over the years, attracting both local and international buyers. According to Timo Geldenhuys, Director at Mauritius Sotheby’s International Realty, “What’s interesting about Mauritius is that it offers a unique blend of landscapes, from ocean views and mountains to forests and vibrant city life, all within proximity. Whether in a city centre, a smart city, a golf estate, a marina, or a beachfront development, property buyers can choose a lifestyle that suits them, with other options just a short drive away. This flexibility allows purchasers to avoid compromising when making their decision.”
Timo highlights that “the property market caters to various budgets and property types – from family homes and investment properties to holiday residences; there’s something for everyone’s needs. In terms of pricing, you can get properties for around USD 375,000 or less if you’re looking to buy in a Smart City or for local buyers, but the prices can go up to USD 14 million – which is just amazing.”
“Foreign buyers are particularly drawn to the North and West Coasts. These regions offer international-standard educational institutions, world-class healthcare services…”
Emerging areas and new developments in Mauritius also hold exciting prospects. “The East region is rapidly gaining popularity, thanks to extraordinary developments – including golf courses, 5-star resorts, and prime properties. The beauty and authenticity of the East Coast’s sea are unparalleled.
Also, with the relocation of international schools, plans for a motorway, and other upcoming infrastructure, the East is set to see significant growth in value, popularity, and charm,” notes Timo. He adds, “As for new developments, the Harmonie Golf and Beach Estate on the West Coast is nestled between stunning mountains and a turquoise lagoon, bordering an 18-hole golf course.
On the North-East Coast, the Azuri Ocean and Golf Villa continues to evolve with the launch of exciting new phases, seamlessly blending diverse lifestyle experiences in one exceptional destination.”
Landmark Structure
GRIT Head Office is the corporate headquarters of an award-winning, women-led pan-African real estate company.
GHO is already a landmark in Mauritius, having set a completely new standard for commercial office buildings on the island. It is the first Greenstar-rated office building in the Indian Ocean Islands, boasting a five-star design and build rating.
The brief was to create a company home that clearly reflects its roots in the African continent and its experiences. GHO’s interiors are meticulously designed, warm, and welcoming, highlighted by the dramatic atrium and layered spaces that create an authentic fusion of Mauritian and African culture.
Mauritius Sotheby’s International Realty
Timo Geldenhuys | t. +230 54 236 800
www.sothebysrealty.mu
Exclusive Escape
The Harmonie Golf & Beach Estate, located on Mauritius’s West Coast, spans 73 hectares and features 220 luxury villas bordering an 18-hole golf course.
Located between mountains and a turquoise lagoon, it offers relaxation and recreation. Buyers can choose between off-plan villas under VEFA contracts or serviced plots exclusive to Mauritian buyers, adhering to strict architectural guidelines. Phase 1 includes 81 units, a clubhouse, and the first nine holes of the golf course, with subsequent phases adding more villas and completing the course. The eco-conscious design ensures a luxurious tropical lifestyle with breathtaking views.
Island Luxe
Located in the prestigious Medine Smart City, Mauritius, Bijou Résidence is your gateway to refined living in a tropical paradise.
Experience contemporary elegance with beautifully designed apartments that incorporate modern aesthetics with the island’s natural beauty. Wake up to tranquil surroundings, enjoy world-class amenities, and embrace a vibrant community right at your doorstep. From peaceful gardens to urban conveniences, Bijou Résidence redefines effortless living. With limited units available, don’t miss this opportunity to invest in an address as exclusive as your aspirations.
Mauritius Sotheby’s International Realty
Virgile Dennery | t. +230 5489 5597
www.sothebysrealty.mu
Seaside Dreaming
Experience seaside living in this three-bedroom apartment. Set against the ocean’s backdrop, this home provides uninterrupted sea views from its thoughtfully designed ground-floor position.
Step inside to discover an inviting interior, featuring an open-plan layout that connects the kitchen to the living and dining spaces—perfect for both relaxation and entertaining.
Situated within Azuri Beach & Golf Village on Mauritius’s North-East Coast, residents enjoy access to amenities such as the Radisson Blu hotel, a golf course, tennis courts, and varied dining options, offering exceptional convenience.
