The French are more and more seduced by the sweetness of life of our country ... but also its secured real estate programs and its taxation. After spending their holidays on the island, those who fell under his spell are willing to acquire a second home. Others take advantage of their vacations to search for real estate opportunities. All have one thing in common: investing outside France.
Who are these investors, and what motivates them to settle far from their native land? To better understand their needs, it is interesting to identify their profile.
The opportunists
This category includes people who are looking for a timely property in a dynamic market. The latter must yield them in terms of returns or surplus value. These buyers also cherish the hope of reselling the property with a profit of + 50% or more, and in the short term. Generally, these French are senior executives or carry out liberal professions. Their budget varies between 500 000 and 1 000 000 €.
The well informed investors
This second profile of buyers refers to investors who have a knowledge of the real estate and financial products sectors. These are often retirees, entrepreneurs or senior managers who want to diversify their assets. Savers want to invest in real estate abroad with a high return of around 7% annually and can afford to invest in several properties.
The sophisticated
These are wealthy buyers who want to invest abroad to make a balanced arbitrage of their portfolio, in order to diversify geographically, on other types of assets or on another currency. They are likely to buy an average of 5 to 15 real estate properties. Contrary to the first two profiles, they care less about the location of assets and on returns, but are more concerned with the heritage and tax issues.
Mauritius has all the assets to attract buyers of these three categories. Its mild climate all year round, the security of its legal system, the political stability of the island, the dynamism of the economy and the small time lag continue to seduce, as confirmed by the latest Central Bank Foreign direct investment. Between the first half of 2015 and the first half of 2016, foreign direct investment (FDI) grew by 69%. It is therefore essential to overcome the desires of foreign investors in order to boost FDI further.
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