Coral Residence, Mauritius

Vieux Grand Port Mahebourg, Mauritius

The Area:  

The island itself is at is at a crossroads between Asia and Africa. Located about 1103 kilometers east of Madagascar off the south-east coast of Africa, It has a land area of 2040 square kilometers and 177 kilometers of coastline. 

The development:  

Exclusive to Erna LowCoral Residence is located in “Vieux Grand Port Mahebourg” just out of the main town on the south-east coast of the island. The site bordered by the magnificent Lion Mountain is a real jewel that provides a breathtaking 180 ° view over a beautiful lagoon and two small islets just off the shore, easily accessible by canoe in just a few strokes of a paddle.

There are only 4 villas remaining offering a minimum of three bedrooms (254sqm) and four bedrooms (345sqm), a private pool and garden and set in plots ranging from 800 – 1600 square metres. 3 of the villas are on the beautiful ocean front offering stunning views. Designed by the French architect, Alain Gourdon in a mix of contemporary and Mauritian styles, the small development is uniquely positioned on the waterfront.  All the properties enjoy commanding 180 degree views over a beautiful lagoon and the Lion Mountain. Coral Residence is located within 10 minutes from the airport, half an hour from the biggest malls on the island and close to some of the world’s most magnificent golf courses.

Prices:

345.28m2 Sea villas priced at €1,528,315 to €1,729,465

253.69m2 Land villas priced at €703,600

The Deal:

Be among the privileged few to invest in Coral Residence, the only real estate project (RES) for foreigners, on the beach in Mauritius.
The available land for developments is getting scarcer each year, encouraging a continual rise in prices and therefore a much greater yield on your investment should you sell it after a few years than you would have in many other countries. You may also wish to rent your house out on a short term basis, there by further capitalising on your investment.

Favourable taxation and a legal framework introduced by the Mauritian Board of Investment (BOI) to encourage and mentor foreign investment means foreigners can buy freehold residential property in Mauritius, allowing residence permits for them and their family.  Mauritius’s robust economy which has remained at 5.6 per cent per annum for 25 years, makes it a highly attractive investment proposition, alongside this idyllic destination.

How to get there?

Within ten minutes of the airport, direct flights from more than 30 cities around the world make it an easily accessible destination.

Erna Low Property Opinion:

As well as the location, competitive price, and beach position, the great advantage of this development is the management by Quintessentially, recognised as a world leader in luxury concierge, it has chosen Coral Residence as its partner in Mauritius.