Embrace a uniquely Mauritian lifestyle
The first marina development in Mauritius, La Balise Marina, is a one-of-a-kind Integrated Resort Scheme development. Michelle Swart finds out more
MAURITIUS is on the fast track to becoming one of the world’s most popular investment and lifestyle destinations. Its attractiveness lies in its favourable tax regime; well-established offshore banking and financial services sector; and a strongly emerging IT and telecoms industry — all amidst a tourist haven. Mauritius has many beautiful districts to choose from for investors and would-be residents. However, the Black River District is billed as the region of preference.
When looking at buying holiday homes overseas, the area in which the home is situated is key. The Black River area in Mauritius is a popular location, especially with South Africans.
Famed for its great expanses of tropical forests, national parkland and rugged terrain, Black River is the third-largest district on the island. It offers a lifestyle second to none. The district has a range of hotels, restaurants, schools and shopping amenities, including access to some of the best water sports facilities in the world.
Gilbert Espitalier-Noel, CEO of Mauritian company ENL Property, attributes the popularity of the area to a number of factors. “The Black River area has modern communication networks, office space and retail outlets fully equipped with international brands. There are good schools, healthcare dispensaries and a community hospital, and there are religious establishments that cater for a diverse local population. Most importantly, the area is extremely safe to live in, with a close-knit community of people.”
Integrated Resort Scheme (IRS) developments, such as Black River District’s La Balise Marina, offer wealthy foreigners the opportunity to take up residency in Mauritius through purchasing residential units in excess of US$500 000. Situated in the heart of the Black River area, poised on the very edge of the Indian Ocean, La Balise Marina is the first IRS marina development in Mauritius.
Buyers have the choice of purchasing a villa, a duplex unit on the marina or on the canal.
Situated either on the river or facing the canals, each Villa is designed with an open-plan feel. The 29 Villas range from 301m², with three-bedroom residences measuring 360m², with five-bedroom residences designed to international standards.
Each of the 13 Marina Quay Duplexes and the 35 Marina Duplexes offer 165m² of modern marina living space on the water, with three en suite bedrooms, water lapping beneath and direct access to a mooring.
The Canal Duplexes
are designed as two-bedroom luxury residences offering 135m² of modern marina living or as three-bedroom luxury residences measuring 148m².
Espitalier-Noel says: “Developments such as La Balise offer ideal opportunities for families or individuals looking to embrace a uniquely Mauritian lifestyle. Most importantly, investors can be assured of a good return on property ventures, as the Mauritian property market is both stable and strong. The investment is further enhanced through the ability for all property owners to participate in the La Balise Marina rental pool to be operated by the onsite Island Grace Hotel and to be run by the Brand family, founders of the Cape Grace, Mount Grace and Rosebank Grace hotels.” Price: Duplexes from US$700 000 to US$1,6m Stand-alone villas from US$2,1m to US$2,8m Contact: La Balise Marina Sales Office 0861 113 985