there’s tranquillity. I know I can walk around
Valriche in total safety, and my children can
do the same even unaccompanied.
Secondly, it is a US dollar-based asset, which
offers a strong hedge against the depreciation
of the SA Rand, which is presently under
pressure against the US dollar.
Finally, Valriche offers a fantastic lifestyle:
an immaculate golf course, great restaurants
with outstanding service, water sports
and boat trips in and around turquoise
lagoons, quad biking in the Frédérica Nature
Reserve close by… Valriche is not merely
a “residential development”: it’s really like
a little village, offering a diverse range of
wonderful activities and opportunities for
villa owners.
You mentioned the Rand being under
pressure, and this is true for many
currencies. Why do you think luxury real
estate seems to be always in demand, even
during such a global economic crisis?
Do you know the saying “when the going
gets tough, the tough get going”? During
an economic crisis, people are much
fussier about where they place their money.
Mauritius is such a premiere investment
destination that if anything, it benefits from
a tight economy. To my mind, discerning
investors will seek opportunities in Mauritius
such as Variche as opposed to other locations.
foreign investments and the benefits offered
in Mauritius?
I think that the Mauritian government is
doing something very smart: it has attracted
a high level of expertise to Mauritius - whi