Geographic Information
Description of Mauritius
One of the most stable democracies and not far from the strongest economy of any African country, Mauritius is a bewilderingly beautiful island that holds great potential for international investors. There are now three government-run schemes that enable foreign investors to buy in – one of which has been designed to encourage professionals to live and work on the island by making property purchase available to them.
Rent yields are generally mid-range at about the 6 per cent mark, though it’s worth noting that the law dictates owners cannot increase the rental price of their properties for the first three years of a tenant moving in. The standard of living in Mauritius is exceptionally high by African standards and exclusive tourism represents the bulk of the nation’s economy.
Current Property Prices in Mauritius
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Key Facts:
Currency: MURTime Zone: MUT (UTC+4)
DialCode: +230
Languages: None
Capital: File:Coat of arms of Port Louis, Mauritius.svg
Population: 1,236,817
GDP: US$13.551 billion