Lexpress Property Trends Lexpress Property Trends EN Light Version | Page 51

SOUTH - PROPERTY SALE - 2018 - APARTMENTS ACCESSIBLE TO FOREIGNERS 2018 - RANKING OF MOST SOUGHT-AFTER PROPERTIES RANKING SCHEME TOWN/VILLAGE NUMBER OF BEDROOMS 1 PDS Pointe d'Esny 3 2 RES Pointe d'Esny 3 3 PDS La Cambuse 2 4 RES Mon Désert 2 5 IRS Baie du Cap 3 6 PDS Mahébourg 3 7 PDS Baie du Cap 3 8 PDS Blue Bay 3 9 RES Mon Désert 3 10 PDS Blue Bay 4 Note: This ranking is based on leads emails sent from listings on the LexpressProperty.com site. Consequently, if no listings exist for a particular property type, they may be searched for on the website but are not taken into account in this table. THE SOUTH PROPERTY RENTAL The Southern region’s market remains less dynamic nowadays with a very low volume of supply and demand. Hence, the following statistics should be interpreted with caution given the very low volume of listings published and leads received on the website. General Statistics: Houses and apartments Regarding properties for rent in 2018, most listings are for houses (69%) vs 31% of apartments. Demand more or less matches supply. Pointe d’Esny, Blue Bay and Beau Vallon compete for the pole position in terms of supply. As for demand, Mahebourg takes the third place behind the same leading duo, followed closely by Riambel and Beau Vallon. The three most searched properties are: a 3-bedroom house in Pointe d’Esny, a 3-bedroom house in Blue Bay, followed by a 3-bedroom apartment in Blue Bay. House for rent For houses, villas and townhouses, supply has been decreasing since 2016, and represents about 100 listings in 2018. Demand, strongly growing, has exceeded 250,000 searches in 2017 and 2018. More than 120 leads have been generated by LexpressProperty. com in 2018. Supply in 2018 is composed mainly of 3 or 4-bedroom houses (48% and 33% of listings respectively). A higher demand as compared to supply can be observed for 3-bedroom formats (60%), and a lower demand than supply for 4-bedroom houses (18%). 61% of houses are listed with pools, for 48% of received leads. More than 60% of houses are rented between Rs 20,000 and Rs 60,000 (14% between Rs 60,000 and Rs 80,000, 19% LEXPRESSPROPERTY TRENDS 191