Estate Living Magazine Estate Living Issue 29 May | Page 55

Where are the investment hotspots?
The island as a whole has experienced very stable growth with property appreciating
at around 5.5-6% pa in US$ terms,” says Rob Hudson, Property Consultant for
Mauritius Sotheby’s International Realty.
“Traditionally most foreign investment has been channelled into the resort
developments along the coast or in the coastal towns, but the current hot spot in
Mauritius is the Moka Smart City,” he says..
Moka Smart City is located 12km inland from Port Louis, which is comparable to
where Sandton is in relation to Johannesburg city centre. Moka’s rapid development
over the last 10 years has made it the commercial hub of Mauritius – absorbing 40%
of the workforce, and holding 70% of the purchasing power in Mauritius. In line with the smart city concept – location, biophillic
design and community – Moka Smart City, which was developed by ENL Property, offers residential, commercial and industrial
investment opportunities. There is already a wide range of facilities and amenities in place and operational – including services and
roads infrastructure, schooling, shopping centre, sports club, offices and private Curtin University with approximately 2 000 students.
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