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Apartments and flats for sale in Black River

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Apartment in Black River for residency permit

The property catalogue on the Citizenship-By.Investments website will give you an idea of which flats in Black River are available for sale and suitable for applying for a residence permit in Mauritius. There are cost restrictions and different government programmes that allow foreigners to obtain a residence permit. With these requirements in mind, we have compiled a database of offers from trusted property developers and agencies.

Black River offers a variety of options for property in Mauritius. New projects from developers attract buyers with a favourable starting price and excellent housing characteristics. Modern flats have a free layout, a spacious terrace or balcony, quality finishes, and beautiful views of the mountains, lagoon, or city. Gyms, walking areas, car parks, swimming pools, and other amenities are provided in off-plan residential blocks. There is also an option to acquire a flat in a completed project. In this case, it will be possible to arrange a move to Mauritius in a short time. Secondary properties include studios and flats with 1 to 5 bedrooms, located in buildings of varying ages.

The minimum apartment prices in Black River are at $248,800, but offers for $2.5–2.6 million are also available, so there is plenty to choose from.

The following factors influence the price:

  • Location: luxury properties are located mainly in Tamarin, La Balise Marina, and the Flick-en-Flac area, while more affordable options can be found in Cascavelle Resort, Le Morne, and Black River-Georges National Park situated nearby.
  • Type of housing: primary/secondary, ready/off-plan.
  • Type of property: penthouse, apartment, or studio.
  • Number of bedrooms and bathrooms.
  • Window view.
  • Number of terraces or balconies.
  • Availability of furniture and household appliances and their quality.
  • Floor and overall height of the building.
  • Infrastructure on the territory of the complex.
  • The prestige of the housing estate.

Residence permit in Mauritius by buying apartment in Black River

Temporary resident status allows you to stay on the island for an unlimited amount of time, work, and register a business. After 3 years of residence with a temporary residence permit, you can apply for permanent residence and then, together with close relatives, legalise in the country and, finally, obtain citizenship.

Foreigners apply for a residence permit for the purchase of apartments in Mauritius in the following order:

  1. Search for flats for sale in Black River, the price of which is $375,000 or more—this is the investment amount needed to obtain a residence permit for housing on the island.
  2. Collecting the necessary documents, which our qualified lawyers will help with.
  3. Conclude the sale and purchase transaction and obtain unconditional title to the property (freehold).
  4. Submission of an application to the Economic Development Board with supporting documents. The applicant will be required to prove the legal origin of funds and financial solvency to support themselves and their family during their stay in Mauritius. You will also need health and criminal record certificates from your home country and a passport.
  5. Waiting for a decision within 1 month or longer (depending on the workload of officials).
  6. Obtaining a residence permit for yourself, husband/wife, and children up to 18 years old.

Investment apartment in Black River

Buying apartments in Black River for investment can also be profitable for those who are planning a move to Mauritius or intend to earn money by renting out accommodation to travellers. The advantages of investing in properties in this neighbourhood in the west of the island include:

  1. Availability of different locations for tourists and expats. There are accommodations for quiet and laid-back holidays, surfing, and water sports, as well as gastronomic pleasures and ecotourism.
  2. High profitability and profitability. You can buy an apartment for sale in Black River and get 7–8% annual profit. The properties in a new residential complex with developed internal infrastructure and a close location to the beach boast the fastest payback.
  3. The absence of significant economic fluctuations and political conflicts in the country makes investments reliable.
  4. The influx of foreign investors stimulates infrastructural improvements. The resort becomes more comfortable not only for holidays but also for long-term residence. Foreigners from the CIS, Japan, the USA, and other countries do not just move here but also open businesses, which ensures the prosperity of the region.
  5. A transparent legal system that gives guarantees to investors from abroad. When investing money, you can be sure that your property interests will be protected on an equal footing with the locals.

FAQ

Can a foreigner buy an apartment in Black River and get a residence permit?
Both locals and foreign investors can buy apartments on the island, regardless of the chosen location. The choice of objects is not limited. You can become the owner of a small studio, apartments with 1–5 bedrooms, or a luxury penthouse in a hotel complex. When assessing the property, one should pay attention to the convenience of location, infrastructure, and potential profit from renting. Some developers offer participation in projects at different stages of construction with a guaranteed return of up to 10%.
How do you get a residence permit in Mauritius when purchasing an object in Black River?
If you own apartments for sale in Black River, Mauritius, you can apply to the EDB for a residence permit for yourself and your closest family members (children under 18 and wife/husband). It will be necessary to confirm the conclusion of the sale and purchase agreement and payment of taxes, collect documents proving solvency and absence of a criminal record, as well as obtain a certificate of absence of serious illnesses. The waiting period after submitting a request is 30 days. In case of a favourable decision, a temporary resident status is granted for 3 years.
What is the minimum cost of apartments in Black River to obtain a Mauritius residence permit?
According to the current legislation, a residence permit is granted to foreigners who invest an amount equal to or exceeding $375,000 in apartments or villas in Mauritius. There are enough objects to fit this criterion in Black River. You can view them 24/7 on our website.
In which neighbourhood is it more profitable to buy a flat in Black River?
If you plan to get a residence permit in Mauritius through property investment, you should consider properties in prestigious areas. Complexes in La Balise Marina, Le Morne, and Tamarin, as well as in such locations as Cascavelle and Flick-en-Flac are the best options.
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