Villas and houses for sale in Black River

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Villa in Black River for residency permit

The website Citizenship-By.Investments will help you find and purchase a house in Black River, which will allow you to legalise on the island. The local legislation does not restrict such transactions, so you can find an object taking into account personal wishes and financial possibilities:

  1. Houses on the secondary market boast a unique atmosphere and traditional finishes, although there are also updated options. Such a villa would be a good buy to arrange a quick move or to generate income from renting out to tourists.
  2. Ready new housing attracts visitors with a modern layout, a swimming pool, a spacious yard, and beautiful views from the windows and terraces.
  3. Off-plan projects are a good solution if you are looking for villas in Black River for investment for the long term. In this case, the price per square metre will be favourable, but you will not be able to settle in immediately. You will have to wait for the completion of construction and commissioning of the building.

On the site, you will find ads from reliable developers and real estate agencies. You can study the characteristics and photos, and you can contact the seller of villas and houses in Black River directly.

Black River is the name given to the area around the Black River in the west of the island where the popular resorts are located. There are modern homes and exclusive villas with a variety of bedrooms and bathrooms, with and without swimming pools, terraces and balconies, barbecue areas, and other options. Popular neighbourhoods include Le Morne, Cascavelle, Flic-en-Flac, Tamarin, and La Balise Marina. Locations vary in prestige, price, and proximity to the ocean. Luxury options of villas for sale in Black River are located on the coast and in mountainous areas.

Residence permit in Mauritius by buying house in Black River

A high standard of living, combined with security and the prospect of obtaining citizenship in 5 years, makes foreigners interested in buying property in Mauritius. The minimum house prices in Black River for registration of a residence permit (which is the first stage of obtaining a passport) are $375,000. The object can be chosen from a list of projects approved by the government, or you can buy any other house, but with the condition that its height is 3 floors or more.

Procedure for obtaining a residence permit:

  1. Selection of an object complying with all parameters.
  2. Conclusion of the transaction and registration of ownership of the villa in Black River.
  3. Preparation of documents and application to the Economic Development Council. It will be necessary to prove solvency, absence of criminal record, family status, and presence of children, as well as to confirm the identity, age, and lack of serious health problems.
  4. Waiting for the result. The competent authority considers requests within 30 days or longer, depending on the service workload.
  5. Registration of residence permit for 3 years for yourself, husband/wife, and children up to 18 years old.

Investment house in Black River

Black River is a large resort area that has many attractions that can interest investors with different plans and budgets. The average yield of villas is at the level of 7–8%, and the inflow of tourists is constantly increasing so that in the absence of owners, housing will not be idle, and bring money. When renting out the property, you will be able to return the investment for 15–20 years, taking into account that for a few weeks a year, you will come to comfortable accommodation on the Indian Ocean coast for holidays.

In the long term, you can expect an increase in the cost of a house for sale in Black River due to the popularisation of the location among foreign tourists and expats. Areas for development are limited, so if you buy a villa with a good location in 2024, you can be sure that in a few years, it will be able to resell it profitably.

Foreign investors in real estate in Mauritius receive the full support of the state in terms of property rights and legislation protection. Among the benefits, the following should be noted:

  • Stable economic and political situation in the country.
  • Absence of unnecessary formalities when concluding a transaction.
  • A large number of promising projects from property developers.

FAQ

Can a foreigner buy a house in Black River and get a residence permit?
To buy villas or apartments in Mauritius, you do not need to be a resident; you just need to have a sufficient amount of money in your account and proof of legal origin. Since the foreigner receives freehold real estate, they can dispose of the property at their discretion.
How do you get a residence permit in Mauritius for purchasing a villa in Black River?
To begin with, it is necessary to select a house that complies with the cost and meets the requirements of one of the state programs. After the conclusion of the transaction, we will have to collect a package of documents and apply to the Economic Development Council. Applicants need to prove their identity and age (from 18 years), financial security, absence of criminal record, and severe systemic diseases. Suppose you plan to include your wife/husband and children in the application for a residence permit. In that case, you will additionally need to provide a certificate of marriage and birth of a son/daughter. Our team of lawyers will help you with your residence permit in Mauritius through property investment quickly and without additional complications.
What is the minimum cost of villas in Black River to obtain a Mauritius residence permit?
A villa for sale in Black River must cost at least $375,000 for the owner to qualify for a residence permit. The minimum price is set for all categories of properties, including off-plan projects. There are no restrictions in terms of the maximum amount of investment in housing on the island.
Which neighbourhood is the best place to buy a villa in Black River?
The location of the property in Mauritius is chosen according to the investor's wishes regarding lifestyle, infrastructure, and budget. On the territory of the resort area around the Black River, the most demanded houses are in Tamarin, Flic-en-Flac, as well as in Le Morne. If your goal is to buy a property with exclusive architecture and decoration, as well as access to private boats, we recommend looking at La Balise Marina. In a prestigious neighbourhood, buyers can expect 24-hour security and an elite community.