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Properties for sale in Tamarin

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Property in Tamarin for a residency permit

With Citizenship-By.Investments foreigners are supported in the process of buying real estate in Tamarin and obtaining temporary residence status in Mauritius through investment. The catalogue lists options from proven developers and real estate agencies; you only need to analyse the offers and make a choice. You can invest in a variety of properties:

  • Penthouses with the hotel management.
  • Apartments in modern residential complexes with the necessary infrastructure.
  • Luxury villas in the mountains and on the coast. Elite objects are best suited for those wishing to apply for a residence permit, as the government has set a minimum housing price for the application. A significant part of such properties is located in gated club communities.
  • Projects from developers at different construction stages.
  • Cosy houses with furniture and finishing.

Tamarin is considered the centre of surfing in Mauritius, as it is the mouth of the Black River, which flows into the ocean and divides the bay into 2 parts. Between June and August, waves can reach up to 2 metres, thanks to the absence of reefs. Local natural attractions include the 295-metre-high Tamarin Waterfall and Kasela Park. If desired, the beach village offers easy access to Port Louis, the island's capital, and Kürpipa, another major city.

When buying a property for sale in Tamarin, it is necessary to:

  1. Decide on the location and the required housing characteristics.
  2. Choose the type of object: a project from the developer, secondary, or new housing. It all depends on how quickly you want to move in or start earning rental income.
  3. Find options for villas or apartments that allow you to get a residence permit. For this purpose, use our catalogue, which is constantly updated.
  4. Collect the documents, sign the sale and purchase agreement after a legal check of the property, then make the payment and register yourself as the owner.

Residence permit in Mauritius by buying property in Tamarin

Obtaining a residence permit on the island is a direct path to citizenship. After 5 years of legal residency, you can get a national passport. The residence permit is issued for the purchase of apartments or villas in Mauritius. At the same time, the minimum property prices in Tamarin established by the government to participate in the investment programme are fixed at $375,000. You can invest in a new house, a developer's project, secondary housing, or a hotel property.

Considering the following points is important for residence permit applicants:

  • Only after the contract is signed and ownership is registered, will the package of documents be prepared and the application be submitted to the Economic Development Board. (EDB), which considers the cases of migrants.
  • The period of formalities in the process of residence permit registration varies from 3 to 8 months.
  • In addition to the standard documents confirming the absence of a criminal record, family, and financial status, it will be necessary to obtain a health certificate.
  • Only minor children and spouses are eligible to receive a residence permit together with the owner of the housing in Tamarin.
  • You must have lived in the country for at least 3 years to apply for a residence permit.
  • During the checking of applicants for a residence permit, it is mandatory to find out whether there have been no previous violations of national migration legislation.

The law allows you to dispose of the acquired property at your discretion: sell it, inherit it, etc. But please note that loss of ownership of a villa or flat in Tamarin automatically leads to cancellation of your residence permit. If you want to keep your status, resale should be postponed until you receive your Mauritius passport.

Investment real estate in Tamarin

Investing in properties in Tamarin, Mauritius, is financially sound because:

  • The favourable climate, perfect conditions for surfing, and transport accessibility make the resort popular among tourists.
  • The average annual rental yield is 7–8% but can reach 10–12% if the characteristics and location of the property are favourable.
  • Highly profitable objects can be found near the beach, in the centre, on an elevated position.
  • There is an active development of the territory: there are dozens of promising projects from proven developers at the disposal of buyers in 2024.
  • A personal villa or apartment allows you to comfortably relax on the Indian Ocean coast, avoiding the cost of rented accommodation or hotels. It is particularly advantageous if the family is large and trips to Mauritius are regular.
  • The country has a stable economy, and the housing market continues to expand, creating conditions for property prices to rise.

FAQ

Can a foreigner buy property in Tamarin and get a residence permit?
Non-resident status does not prevent foreigners from purchasing a villa or apartment in Mauritius. It is also possible to invest in building plots, offices, penthouses, and hotel projects. Provided the deal is concluded following all norms of local legislation, foreigners receive the same rights as locals and can count on their full observance.
How do you get a residence permit in Mauritius for buying a property in Tamarin?
The presence of real estate in Tamarin can be the basis for issuing a residence permit for the owner of the object and the closest family members: spouse and children under 18 years of age. The application and accompanying documents are submitted to the Economic Development Board (EDB) for review. The time required to make a decision takes from 1 month. For a positive result, it is necessary to prove the legal origin of the funds, good health, and absence of a criminal record.
What is the minimum cost of property in Tamarin required to obtain a Mauritius residence permit?
Obtaining a residence permit in Mauritius through property investment will be possible if the apartment or villa costs at least $375,000 (the migration authorities will necessarily check this point). Characteristics of the object and its location do not matter. You can choose to house in a multi-storey building (from 3 floors) or one of the projects that are approved by government programmes.
In which area is it more profitable to buy real estate for sale in Tamarin?
Promising properties in Tamarin for investment are located on the coastline, which consists mainly of villas and projects under construction. New objects and secondary houses situated in elevated locations are also in demand, as there is a panoramic view of the village and the coast. Discerning buyers seek out homes away from the beach that offer exclusivity and a tranquil environment. Apartments in central areas in complexes with landscaped areas, gyms, and additional infrastructure facilities are also of interest.
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