The wait is finally over and the hub of Grand Bay in Mauritius is abuzz, as after more than 10 years of meticulous planning, ground has been broken and construction is now underway at the iconic Le Parc de Mont Choisy Golf and Beach Estate situated close to this popular centre in the sought after northern region of Mauritius.
Architectural guru Stefan Antoni has designed an estate best described as the ultimate in ‘barefoot luxury’, strategically well positioned between Grand Bay to the east and the beautiful beach of Mont Choisy to the west.
Launched to market some 18 months ago, the new IRS (Integrated Resort Scheme) development was brought to market through Pam Golding Properties (PGP). To date, PGP’s International and Projects Division report that approximately 115 units in phase one have been sold at a total value of over EUR130 million.
Designed by renowned architect Stefan Antoni of Stefan Antoni Olmesdahl Truen Architects, Le Parc de Mont Choisy is the only residential golf and beach estate located in the highly desirable north of Mauritius, positioned in what is considered the very best location on the island’s upmarket Golden Mile. Developed by partners 2 Futures Property Developers and Mont Choisy Property Development Company - well established in residential property development in Mauritius, this is the very first time that development land is being unlocked in this prime location.
2Futures has a successful history of leisure developments in Mauritius, including five recently completed projects: Cape Bay, Element Bay Resort, Ao Luxury Residence an d La Residence apartments – all of which have found much favour with international investors.
Work currently under way on site at Le Parc de Mont Choisy includes construction of the first phase of apartments, with the Peter Matkovich designed golf course, bulk services, roads and entrance, to follow shortly.
Says Chris Immelman, MD of PGP’s International and Projects Division: “Grand Bay offers the infrastructure, climate and beaches and when combined with the incredible architecture by Stefan Antoni and Peter Matkovich’s design of the golf course, Le Parc de Mont Choisy is set to become the benchmark for foreign investment in Mauritius and is a game changer for the region.”
“In phase 1 we still have some very desirable apartments available, priced from approximately EUR 550,000 while all the villas in this phase have sold out. The combination of a prime, dollar-based leisure investment with Mauritian residency provides a very appealing offering.”
Mauritius is recognised as one of the best administered economies in Africa and is an ideal environment in which to do business, with a low level of taxation - with a flat corporate tax rate of 15 percent, no inheritance tax or capital gains tax and double taxation agreements with 33 countries, including the UK, France, South Africa, India and China.
A further release of 52 units comprising villas and apartments in the next phase of the development will be released in the next few months. Le Parc de Mont Choisy will comprise a total of over 200 residential units in phase 1 and 2.
For further information contact Pam Golding Properties Mauritius on :
Email: [email protected] or
Office +230 263 0600 or
Mridula Sembhoo +230 5728 8200(FR),
Yves de Comarmond +230 5252 7685 (FR),
Jonathan Tagg +230 5498 3842 (EN)
Jacques Nell +230 5826 4456 (EN)
