Asset Management & Investment Properties in Grand BaieHigh-end demand, tax benefitsand global buyers

Property Investment in Grand Baie: Mauritius’ Premier Real Estate Destination

Why Grand Baie attracts global property investors

Grand Baie, located on the north coast of Mauritius, is the island’s most renowned resort and residential hub. Known for its calm lagoons, upscale beachfront living, and international flair, Grand Baie has become the primary destination for real estate investors seeking premium rental yields, lifestyle benefits, and long-term capital appreciation in the Indian Ocean region.

Mauritius offers an open and attractive legal environment for foreign property ownership through specific government-approved schemes, and Grand Baie leads the market in terms of demand, rental liquidity, and infrastructure quality. With a thriving expat community, direct access to shopping, marinas, private schools, and beach clubs, the area delivers a compelling mix of income and lifestyle. Whether you’re targeting short-term vacation lettings or long-stay rentals for remote professionals and retirees, Grand Baie offers a strategic and sustainable investment opportunity.

Legal frameworks for foreign property ownership in Grand Baie

Foreign nationals can invest in Mauritian real estate through structured regimes specifically designed to attract international buyers. These include:

• Integrated Resort Scheme (IRS): High-end villas or apartments in resort-style developments with access to amenities. Minimum investment: USD 375,000. Qualifies the buyer for a residence permit.
• Real Estate Scheme (RES): Smaller-scale developments, often in Grand Baie and coastal towns. No minimum investment threshold, but residence permit granted above USD 375,000.
• Property Development Scheme (PDS): Replaces both IRS and RES. Encourages eco-friendly, socially integrated projects with on-site management, wellness, and communal features.
• Smart City Scheme: Urban-style mixed-use properties that combine residential, commercial, and green space. Available in nearby Moka or Beau Plan.
• Ground+2 apartments: Foreigners can buy apartments in buildings with at least two floors, priced from USD 175,000, under specific conditions.

These frameworks ensure transparency, security of title, and eligibility for long-term residence in Mauritius — a key appeal for lifestyle-motivated investors.

Best-performing investment properties in Grand Baie

Grand Baie caters to a wide spectrum of property investors, from high-net-worth individuals to mid-tier buyers seeking rental returns. The most in-demand investment formats include:

• Beachfront villas with private pools: These properties command the highest short-term rental rates, particularly when located in Mont Choisy or Pointe aux Canonniers.
• Modern apartments in gated resorts: Fully furnished 1- to 3-bedroom units with communal pools, gyms, and security services attract digital nomads, long-stay retirees, and expat families.
• Townhouses near international schools: Ideal for relocation-focused tenants. Stable long-term lease demand and low vacancy rates.
• Units in PDS or IRS complexes: Professionally managed properties with on-site rental services, maintenance teams, and marketing support — ideal for passive income investors.
• Mixed-use real estate in commercial zones: Opportunities in offices or ground-floor retail units serving the local and expat population.

Properties with proximity to La Croisette Mall, private marinas, and public beaches perform better in terms of liquidity and rental absorption. Demand is year-round, peaking from November to April.

Rental yields and occupancy potential

Rental income in Grand Baie is consistent due to the island’s popularity among tourists, retirees, and remote workers. Most furnished investment properties are eligible for short- or long-term rentals with minimal vacancy.

Estimated gross yields (2024 data):

• Beachfront villa (3–4 bedroom): 4%–6% annually; weekly high-season rental income of USD 3,000–6,000
• Furnished apartment in gated residence: 5.5%–7% gross yield with 80%–90% average occupancy
• Duplex or townhouse near schools: 4.5%–5.5% for long-term leases to expat families
• Luxury penthouse in Mont Choisy: High demand from yacht clients and international executives; 6%+ in prime years

Long-term tenants often pay in foreign currency (EUR/USD), especially when employed by international companies or embassies. Utilities and maintenance are usually tenant-paid, reducing operational burden.

Real estate prices and capital growth in Grand Baie

Grand Baie is one of the most expensive property markets in Mauritius, but prices are still attractive compared to similar coastal destinations in Europe or Asia. Capital appreciation is gradual and driven by quality, location, and resale demand from foreign buyers.

Average prices per square meter (2024):

• Beachfront villa with private pool: USD 4,500–6,500/m²
• Apartment in PDS/RES development: USD 3,200–4,800/m², depending on amenities and furnishing
• Off-plan Smart City apartments: USD 2,500–3,500/m² — with capital gain potential at resale
• Gated townhouses or duplex homes: USD 2,800–3,800/m², attractive for long-term leases

Price increases average 2%–5% annually in mature areas like Grand Baie, with higher growth expected for resale properties in upmarket zones (Mont Choisy, Pointe aux Canonniers).

Tax advantages and investor protections

Mauritius is recognized as a tax-friendly jurisdiction with a stable legal system based on French civil law and British common law influences. Key tax benefits for investors include:

• No capital gains tax on property resale
• No inheritance tax on Mauritian property
• 15% flat personal income tax rate (with exemptions for foreign-source income under certain conditions)
• No property ownership tax or housing tax
• No currency exchange controls for non-residents

Additionally, foreign investors can repatriate all rental income and resale proceeds without restriction. The country’s investment protection agreements and strong notarial process ensure legal transparency in property acquisitions.

Who invests in Grand Baie real estate

The Grand Baie investor profile includes a broad international base:

• European retirees: Seeking sunshine, healthcare access, and tax benefits
• Remote professionals: Renting or buying furnished homes for long-stay remote work
• Business owners and entrepreneurs: Establishing part-time residency while owning income-generating property
• High-net-worth individuals: Purchasing villas as part of offshore diversification or family legacy planning

The region’s attractiveness lies not only in lifestyle, but also in its reliable infrastructure — excellent internet, private clinics, international education, and luxury retail all contribute to long-stay rental demand.

Strategic areas for property investment in Grand Baie

Different neighborhoods within Grand Baie serve various investor objectives:

• Mont Choisy: Home to luxury resorts, golf estates, and beachfront properties. Best suited for investors targeting affluent renters and second-home buyers.
• Pointe aux Canonniers: Quiet, upscale zone with resale villas and strong privacy appeal. Ideal for long-stay furnished rentals and family housing.
• Chemin Vingt Pieds: Mid-market apartments and townhouses with solid rental turnover and appeal to expat professionals.
• La Croisette and Grand Baie Business Park: Mixed-use zones with investment opportunities in residential-commercial hybrids.

Each area has different pricing, yield profiles, and tenant types. VelesClub Int. helps match property type with strategic investment goals.

How VelesClub Int. supports your investment in Grand Baie

Investing in Grand Baie is more than a property transaction — it’s a strategic entry into one of the world’s most investor-friendly island economies. VelesClub Int. provides tailored support across every stage of your property investment:

• Curated access to PDS, IRS, and Ground+2 properties
• Assistance with residence permit eligibility and applications
• Rental income forecasting and portfolio modeling
• Legal review, notarial coordination, and contract negotiation
• Property management partner selection and oversight
• Exit strategy planning and resale market monitoring

With its stable economy, tropical setting, and tax-efficient property regimes, Grand Baie offers rare alignment between lifestyle and investment performance. VelesClub Int. ensures that your entry is secure, optimized, and aligned with your long-term objectives.