MAURITIUS: LE PARC DE MONT CHOISY GOLF & BEACH ESTATE –OVER 100 SALES CONCLUDED

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Le Parc de Mont Choisy
Le Parc de Mont Choisy Golf and Beach Estate launched by Pam Golding Properties in March 2013 is superbly positioned in the prime area of Grand Bay and has been met with considerable enthusiasm from South African and European markets. The Pam Golding Properties International & Projects Division and its Mauritian operation report that just over 100 units have been sold at a total value of over USD100 million.

Jonathan Tagg, Director of Pam Golding Properties Mauritius comments that: “Le Parc de Mont Choisy Golf and Beach Estate aims to offer a broad range of prime located apartments and villas well priced from USD 680 000, which is very competitive for an IRS (Integrated Resort Scheme) with a top quality golf course of international standard, country club, spa, restaurant and other attractions. Buyers also qualify to apply for Mauritian residency.”
parc de mont choisy
“The contemporary architecture of Stefan Antoni of SAOTA – Stefan Antoni Olmesdahl Truen Architects is a major draw-card, together with the fact that world-renowned South African designer, Peter Matkovich, designed the 18-hole golf course, providing both local and international appeal. These design factors as well as the fact that Grand Bay is renowned for its world class beaches, one such example being Mont Choisy Beach adds to its attractiveness.”
Le Parc de Mont Choisy
Tagg says: “There has been a phenomenal uptake since launch of both the apartment and villas precincts with all of the 55 Park Villas and Golf Villa now sold. We are, however, expecting a further release of villas in approximately 2 months’ time. Clients can register their interest now and information will be sent as soon as the details of the new villa release have been finalised.”
La Peninsule
From an apartment perspective there are only 5 units with golf course frontage remaining in the Banyan Grove Apartment precinct with all of the entry level units sold in the La Peninsula precinct. Tagg says that “In order to meet the buoyant demand experienced thus far, the developers have just released a further 20 La Peninsule apartments, which represent very good value in the current market. The rapid uptake at Le Parc de Mont Choisy is in part driven by the first phase prices which are discounted by around 7.5 percent of the average selling price.This makes for an attractive offshore property investment as a sound currency hedge with the potential for positive capital appreciation. Phase 2, however, is expected to increase in price by as much as 15%.”
La Peninsule
“Residential property in Mauritius is increasingly popular not only because of its idyllic climate, easy access to International destinations and its stable economy, but because of the opportunity to acquire residency. Buyers tend to look at the areas of Grand Bay and Tamarin because of the infrastructure and expat communities that live in the area, while international buyers are also drawn to this location due to its good infrastructure and because the weather is better all year round,” adds Tagg.

For further information contact Pam Golding Properties Mauritius
Email: [email protected]
Phone (Office): +230 263 0600
Yves de Comarmond: +230 5252 7685
Jonathan Tagg: +230 5498 3842
Mridula Sembhoo: +230 5728 8200

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