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Villas Valriche – Still Number 1 in Mauritius

It’s a fact that most global property markets have taken a hammering over recent years. Mauritius has not escaped unscathed, with several planned IRS and RES luxury developments being postponed or shelved. Notwithstanding the prevailing global (...)

IRS Strategy

Dream villas? In 2002, the Government launched the IRS (Integrated Resort Scheme) mechanism. Today, the results are more than lukewarm. We are far from the 6000 to 7000 thousands of villas announced in 2002 and from the billions of dollars of (...)

The BOI wants to supervise IRS villas

Real Estate: More than half of the projects have not started while the oldest date back to April 2004. Their promoters may have their projects cancelled. By launching its Integrated Resort Scheme, Mauritius did not innovate. It is a high class (...)

Villas Valriche: about a hundred already sold

The first phase’s construction of the Villas Valriche, IRS scheme promoted under the leadership of ENL at Bel Ombre has started well. The first villas, counting 27, will be delivered to owners as from February 2010. The Villas Valriche IRS estate (...)

Medine shall invest to optimise its real-estate branch

For the next five years, Medine intends to launch two IRS programs. The first, juxtaposed to the Tamarina will consist of 60 villas and will require an investment of Rs 1,5 billion. The second, located in Albion, planned 300 lots golf for (...)