Real Estate Investor Magazine South Africa July 2015 | Page 53

REI OFFSHORE CREATING SUCCESSFUL AND SUSTAINABLE FUTURE CITIES EXPERT Q&A VILLAS IN MAURITIUS ARE A GOOD INVESTMENT P rofessionals in the built environment sector must take concerted action to prepare for the unprecedented global change the sector will face up to 2030. This emerged from a new Royal Institution of Chartered Surveyors (RICS) report, entitled ‘Our Changing World: Let’s be ready’. According to the report, 54% of the world’s population lives in cities. This is expected to rise to 66% by 2050, according to projections by the United Nations. The profession has an important contribution to make in helping cities to prepare for the unprecedented global change the sector will face up to 2030. “With the rise in use of tools such as ‘Building Information Modelling’, increasing our capacity to collect and share data, new technology emerging in both our built and natural environments such as the ‘Internet of Things’ and 3D printing, standing still is not an option,” says Dan Cook, RICS Director of Strategy. “Professions like ours, educators and firms will need to change to embrace roles and skills that have not even been imagined today in the period to 2030. Building Information Modelling is the representation of an asset, (ie a building) in digital form, so that everyone can understand it through the use of a digital model. The Internet of Things, meanwhile, is a proposed development of the Internet in which everyday objects have network connectivity, allowing them to send and receive data,” he adds. Jason Vorster National Sales Manager Just Invest In a recent report highlighting islands where property prices have remained resilient during the global economic crisis – and which offer outstanding longterm investment potential – the Channel Islands came close to the top, along with the likes of the Bahamas and the British Virgin Islands. Gerhard Oosthuizen Senior Portfolio Manager Total Facilities Management Company (TFMC) Although the Yzerfontein West African Cable System (WACS) Facility was a smaller project in terms of monetary value, this was a high profile project with international interest. This four fibre pair 16,500 km cable system linking South Africa to Portugal, is not only the largest cable system in sub-Saharan Africa, but it was exciting to be part of a project that brought high speed Internet into South Africa. www.reimag.co.za Theo Pietersen Director Seeff Mauritius Q Is it better to buy or rent a villa in Mauritius? While being able to invest in a beach villa of your own may come with a steep price tag at a minimum of around R6 million, you can still enjoy the lifestyle by renting a villa for as long as you wish. Q Why is renting a villa better than staying at a hotel? Hotels on the island are often full and can become busy, especially over the high summer periods. This makes renting a villa a more convenient and exclusive alternative. Considering that hotels start at around the R2 400 - R2 800 mark per person per night, the option of renting a villa is also cheaper, especially for families and groups. Q Why is Mauritius a good place for South African business people and holiday makers to travel to? The island is a good year-round destination for South Africans. There are no visa requirements or health pre-requisites. It is a short hop of only four hours (six if you fly directly out of Cape Town) with daily flights out of Johannesburg and weekly flights out of Cape Town and Durban. Q What amenities and attractions are offered in Mauritius? Mauritius offers a Spur, Food Lovers’ Market or Woolworths. Other attractions include village markets, shopping facilities and a waterfront in Port Louis. Visitors can enjoy the food and culture on offer in the local villages. Mauritius also includes a bustling nightlife, top golf courses, spas and wellness centres on the island. JULY 2015 SA Real Estate Investor 51