“ Luxury *” residential market
Properties for foreigners The sales
Source : Market Trends on sales registered between June 2020 and December 2022
Proportion of “ luxury ” properties sold by category of property
Duplex / townhouse
Villa
Land
Apartment
10 % of properties sold are in the
“ luxury ” category .
0 % 20 % 40 % 60 % 80 % 100 % 120 %
Luxury properties
Classic properties
Volume of “ luxury ” property sold
67 %
Apartment Land Villa
21 %
12 %
79 transactions
67 % of properties sold are villas , while they represent 69 % of online ads
“
The
Sachin Mohabeer , Economic Development Board
* A property is considered “ Luxury ” if its priceis > 47 M MUR or more more than MUR 300,000 / m 2 or more than MUR 65 / A ( land )
“
Asian target group requires luxury activities and services outside the beaches , which they are not fond of . Therefore , the country must diversify its urban luxury offers .
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