Lexpress Property Trends Lexpress Property Trends EN Light Version | Page 14

METHODOLOGY & CONTRIBUTORS
namely: market dynamism, marketing
effort made by promoters, and not to
mention, the ever-growing reputation
of LexpressProperty.com as the leading
property portal on the market.
Housing Size:
Analysis based on number of rooms
Comfort:
With or without swimming pool
Searches refer to the number of
queries made via the search engine of
LexpressProperty.com.
Regions:
Geographic
districts
distribution
based
on
Price:
Assessments carried out on market
entry prices (market entry sale and rental
prices by agencies on the website). The
average prices are initially assessed on
the selected types of properties (houses
apartments) with different number of
rooms combined.
The second part of the price analysis
focuses on 3-bedroom property units
as this specific typology is the most
representative with regards to the
number of advertised properties, and to
the demand for this category.
Leads (data analysed in terms of
property demand)
96,930 email contacts received via
adverts’ contact forms on the website
during this 5-year assessment.
At LexpressProperty.com, leads may
be generated from different sources.
They may also follow different
communication
channels:
leads
generated by our bimonthly magazine,
emails from our adverts’ contact forms,
phone calls received prior to online
adverts visualisation (phone number
on the adverts’ fact sheet), physical
visits at the agency, emails sent directly
from agencies’ website advertised on
LexpressProperty.com, emails received
during specific emailing campaigns on
LexpressProperty.com…
However, as far as this property
barometer is concerned, we have
deliberated
chosen
to
analyse
exclusively emails received from
adverts’ contact forms (excluding
contact forms specific to marketing
campaigns). These trends show the
property market’s interest but they
do not indicate the trend in terms of
number of completed transactions.
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LEXPRESSPROPERTY TRENDS
This sheds some light on the difference
between the sum of adverts over
5 years and the figures put forward in
the introduction: “Listings (data analysed
for property supply).”
IRS, RES, PDS programs
More than 223 million of searches
have been generated over the past
5 years. This trend portrays the property
market’s interest but does not indicate
the evolution in terms of completed
transactions. Offers and adverts of properties
available for foreigners relate to new
properties (VEFA: off-plan property sale)
and resale. The differentiation between
off-plan sale and resale is unfortunately
not possible at this stage on the website.
Houses: houses, villas & townhouses SCS (Smart City Scheme)
Apartments: apartments & penthouses This investment plan being relatively
recent, the volume of available data
regarding this assessment does
not allow us to provide high-quality
information.
Countries of origin – Property demand
An assessment of foreign countries
from which property demand originates
– Source: Google Analytics (IP address
analysed). This data allows the
geolocalisation of the country in which
the user is physically present during
his visit on the website, but it does not
indicate the user’s nationality.
In 2018, searches on LexpressProperty.
com were split as follows: 73% from
Mauritius and 27% from abroad.
ADDITIONAL INFORMATION
Methodology used to sum up the total
number of adverts (the specific rule
applied to add up the number of adverts
analysed):
• Adverts’ count has been carried
out every month by performing a
photography of our database at key
intervals.
• The status of adverts that have been
analysed: online and archived.
• An advert has a unique reference
throughout its lifecycle.
• An advert created in 2014 may stay
online during several years in case the
property is not sold/rented.
• An advert may be disabled before
being reactivated.
Searches:
The evolution of the number of
searches is influenced by 3 factors,
take into account duplicate adverts.
The number of analysed adverts is
based on these rules and the total
number of analysed adverts does not
G+2 (Ground + 2)
This investment plan being relatively
recent, the volume of available data
regarding this assessment, does
not allow us to provide high-quality
information.
However, the assessment of so-called
“exclusively for Mauritians” apartments
will provide insights to our readers into
the general trend.