Investing in Rental Properties in Mauritius: The Ultimate Guide for Global Investors
Mauritius, a jewel in the Indian Ocean, is more than just a luxury travel destination—it’s a rising star in global real estate. With robust rental yields, a stable economy, and investor-friendly property laws, Mauritius has become a hotspot for high-net-worth individuals, expatriates, and property investors looking for reliable returns in paradise.
Whether you’re seeking steady income through long-term leasing or high returns from short-term vacation rentals, Mauritius offers exceptional real estate investment potential. As the island’s premier real estate agency, Harcourts Offshore provides unmatched local knowledge and expert guidance to help you invest with confidence.
Why Invest in Mauritius Rental Properties?
Mauritius offers a unique blend of benefits that make it one of the most attractive real estate markets in the world:
- Attractive Yields: Vacation rentals offer 8–12% returns annually, while long-term leases yield 4–6%.
- Tax Efficiency: No capital gains tax, no inheritance tax, and low property taxes. Investors may also qualify for residency.
- Booming Tourism: Over 1.3 million visitors annually (pre-2025 figures), fueling strong demand for short-term rentals.
- Economic Stability: A well-regulated financial sector, investor protection laws, and foreign ownership rights.
- World-Class Lifestyle: Golf courses, luxury resorts, fine dining, and pristine beaches attract affluent tenants.
Understanding the Mauritius Rental Market
Long-Term Rentals
- Target Market: Expats, retirees, professionals, and local families.
- Popular Locations: Grand Baie, Flic en Flac, Port Louis, and Quatre Bornes.
- Property Types: Apartments and townhouses with 12+ month leases.
- Returns: 4–6% annually, with minimal vacancy in high-demand zones.
Short-Term Vacation Rentals
- Target Market: Global tourists booking on Airbnb, Booking.com, and Vrbo.
- Hotspots: Grand Baie, Tamarin, Flic en Flac, Belle Mare.
- Advantages: 8–12% ROI, especially during the peak season (Nov–Apr).
- Success Factors: Location, luxury finishes, and professional property management.
💡 Harcourts Offshore Insight: We help investors acquire premium short-term rental properties and provide full-service management to maximize occupancy and ROI.
What Influences ROI in Mauritius?
- Location: Coastal towns like Tamarin and Grand Baie see the strongest returns.
- Property Quality: Well-designed villas and modern apartments command premium rates.
- Occupancy Rates: High in tourist areas, especially with expert marketing.
- Professional Management: A critical factor in maximizing short-term rental success.
📊 Example:
A beachfront apartment purchased for USD 500,000 and rented at USD 200/night with 70% occupancy can yield over 10% annually.
Step-by-Step Guide to Buying Rental Property in Mauritius
1. Research the Market
Understand yield trends, rental demand, and property types. Harcourts Offshore offers tailored market reports and exclusive listings.
2. Understand Legal Framework
Foreigners may invest through approved schemes:
- Property Development Scheme (PDS): Luxury properties from USD 500,000+ (some from USD 375,000) with residency eligibility.
- G+2 Scheme: Apartments in buildings with two+ floors, starting from MUR 6 million (~USD 140,000).
3. Build Your Investment Team
- Real Estate Agent: Partner with Harcourts Offshore for expert sourcing and negotiation.
- Legal Advisor: Ensures due diligence and compliance.
- Financial Advisor: Helps with tax planning and financing options.
4. Secure Financing
Foreigners typically require a 30–40% deposit. Harcourts Offshore connects buyers with reputable local and international lenders.
5. Make an Offer & Sign Preliminary Agreement
An offer is submitted with a 5–10% deposit, followed by an Acte de Vente (preliminary agreement).
6. Conduct Due Diligence
Title checks, scheme compliance, and lien assessments are handled in partnership with your legal team.
7. Finalize the Purchase
The final sale is notarized, and relevant fees are paid:
- Registration Fee: 5%
- Notary Fees: 1.5%
- Legal Fees: 1–2%
8. Manage Your Investment
- Long-Term Rentals: Steady monthly income.
- Short-Term Rentals: High returns with seasonal price optimization.
- Maintenance & Marketing: Harcourts Offshore provides turnkey management solutions.
Why Work With Harcourts Offshore?
At Harcourts Offshore, we do more than sell properties—we build investment strategies for long-term success.
✅ Expertise: Local specialists with deep knowledge of the Mauritian rental market.
✅ Exclusivity: Access to premium properties not listed elsewhere.
✅ End-to-End Service: From property sourcing to rental management, we handle everything.
✅ Residency Support: We help you navigate the path to permanent residency through property investment.
Take the Next Step Toward Profitable Property Ownership
Mauritius offers more than just postcard views—it delivers real estate investments that perform. Whether you're building a passive income portfolio or seeking lifestyle-enhancing rental properties, Harcourts Offshore is your trusted advisor on the ground.