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Properties for sale in Black River

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Property in Black River for residency permit

To obtain a residence permit in Mauritius, buying real estate in Black River or any other neighbourhood and settling the necessary formalities are just enough. Citizenship-By.Investments will help you with this. Our database contains offers only from verified developers and real estate agencies. We select options suitable for obtaining a residence permit based on cost and other characteristics. All information about the objects is reliable and up-to-date, as well as photos and direct contacts for reaching out to the seller.

Depending on your individual preferences and budget, you can choose from apartments in under-construction housing estates or villas in gated communities, as well as ready-made houses and flats on the secondary market.

Black River is a unique place on the west coast of Mauritius where you can enjoy the ocean and the mountains at the same time. There are resorts here where buyers with different requirements can buy real estate in Black River:

  • Cascavel offers villas or houses with panoramic views of the surrounding area.
  • Flick-en-Flac is the neighbourhood of choice for those who like to live by the ocean and have access to the city's infrastructure.
  • La Balise Marina offers an ideal setting for investors and luxury property lovers, with its waterfront location and private boat berths.
  • Le Morne is a UNESCO World Heritage Site.
  • Tamarin is a popular surfing destination. Due to its proximity to a national park, ecotourism is developed here.

The property cost depends on the prestige of the complex, the type of object (secondary or primary housing), area and layout, as well as the location and the amenities that the owner gets access to with the apartments and villas. Most of the developers' projects include internal infrastructure: walking areas, playgrounds, and gyms, and buyers can also expect at least 1–2 parking spaces.

Residence permit in Mauritius by buying property in Black River

A key advantage of a home sale and purchase transaction on the island is the option to acquire a temporary and permanent residence permit quickly, and then a national passport. In 2024, the following rules for the registration of residence permits for properties in Black River, Mauritius, are in effect:

  • An adult investor who does not have serious illnesses and criminal records can become a resident.
  • Application must be made to the Economic Development Board (EDB) after registration of ownership of the villa or other property.
  • There are minimum property prices in Black River, which are $375,000 for a property in Black River. If the value is lower, then the application will be rejected.
  • Together with the owner of the housing at the resort, their closest relatives can get a temporary resident status: the wife or husband and minor children.
  • The package of documents must include bank statements and other evidence of the solvency of the buyer, as well as the legality of the funds on which the property was purchased.
  • The residence permit is valid for 3 years. Then, the applicant is allowed to obtain a permanent residence permit and a passport after 2 years, which enables visa-free travel to more than 150 countries around the world.

After obtaining the resident status, it is necessary to maintain property rights and confirm them annually in order not to lose the residence permit.

Investment real estate in Black River

Foreigners are eager to invest in properties in Black River not only to obtain a residence permit in Mauritius through property investment. The resort area boasts a rapidly growing housing market, which, combined with the stable economy of the country, provides a rise in prices. It is profitable to invest both in the short, medium or long term:

  • The area is appealing to tourists with different preferences, which makes it possible to earn up to 8–10% per annum on rent.
  • The cost per square metre is growing, as is the demand for objects, so housing is guaranteed to sell profitably.
  • Large developers are implementing new projects that will make Black River attractive to people who are looking for exclusive and high-tech housing surrounded by beautiful nature.
  • There are a large number of properties, and the purchase of one allows you to become a resident, move your family, and open a business in Mauritius.
  • The developed system of property management saves you from the trouble of finding tenants and maintenance of apartments or villas. You can calmly come on holiday and receive passive income for the rest of the time.

Simultaneously with the development of tourism, the infrastructure is improving, which makes the location even more attractive to foreign investors.

FAQ

Can a foreigner buy property in Black River and get a residence permit?
There are no restrictions for foreigners to buy commercial properties, land, houses, or an apartment in Mauritius. When you sign a contract of sale, you get the rights of the owner and the opportunity to dispose of the property: sell, gift, inherit, or rent it.
How do you get a residence permit in Mauritius for the purchase of property in Black River?
The procedure is clear and regulated by a special state body, EDB, where you need to apply for the statutory amount with a package of documents confirming the identity, financial and family status, and registration of ownership of apartments or villas in Mauritius. It is also necessary to issue certificates of no criminal record and good health. At the same time, the property owner’s wife/husband and children whose age does not exceed 18 years can apply for a residence permit.
What is the minimum cost of property in Black River to obtain a Mauritius residence permit?
Foreigners who purchase property for sale in Black River for an amount of $375,000 or more may be approved to apply for a residence permit. Investments can be made in an under-construction project from a reliable developer or in ready-made new or secondary property.
In what area is it more profitable to buy real estate for sale in Black River?
The choice of location is individual and depends on the wishes of the future owner regarding the scenery, entertainment, infrastructure, and financial opportunities. Nature enthusiasts and fans of tranquil pastimes will find Tamarin enchanting. Owning a property in the area of Flick-en-Flack provides the benefits of proximity to the ocean. Yachtsmen and those looking for long-term properties in Black River for investment will enjoy the high yields of La Balise Marina.
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