select
|

The Ultimate luxury lifestyle development launched in prime North-West Peninsula of Mauritius

With its idyllic lifestyle, tropical climate, coupled with a stable economy and business- and tax-friendly environment, it’s hardly surprising that the island of Mauritius holds increasing appeal for those seeking a luxury getaway or permanent residential investment, says Dr Andrew Golding, CE of the Pam Golding Property group.





And, adds Dr Golding, apart from the attraction of offering the potential for permanent residency, Mauritius is rapidly becoming renowned as a prime golfing destination.


To date, Pam Golding Properties’ (PGP) International & Projects Division has sold over 302 units in Mauritius at a total value of over USD230 million at a number of residential developments.

“Apart from our experience and proven track record in marketing prime real estate in Mauritius to an extensive database of high net worth, interested buyers one of the factors underpinning our success in marketing projects in this tropical paradise is the quality and high desirability of these developments. Now, a brand new, low-density development, Le Parc de Mont Choisy’ has been launched which epitomises the ultimate in ‘barefoot luxury’, situated on the north-west peninsula in what is considered the very best location on this island paradise’s upmarket ‘Golden Mile’,” says Dr Golding.



Developed by partners 2 Futures and Mont Choisy Property Development Company – who have completed three other residential developments in Mauritius with a further two currently under construction - and designed by renowned architect Stefan Antoni of SAOTA – Stefan Antoni Olmesdahl Truen Architects, ‘Le Parc de Mont Choisy’ is in fact the only residential golf and beach estate located in the highly desirable north of Mauritius.  Says Dr Golding: “Based on the attractive pricing compared to other IRS (Integrated Resort Scheme) estates on the island, coupled with the fact that this is the very first time development land is being unlocked in this prime location, we are expecting a positive market response to this first phase of the project.

“What really sets this development apart is that it combines prime position with the work of two iconic South African designers in their respective fields – Stefan Antoni and internationally renowned golf course designer Peter Matkovich,” says Dr Golding. Antoni is responsible for the design of the apartments and villas and has brought his innovative vision and contemporary style to create magnificent residences that do full justice to the natural beauty of the site. The 18-hole golf course is designed by Matkovich, who has designed and overseen the construction of some of the finest golf courses in Southern Africa, including the globally acclaimed Pinnacle Point course on the Garden Route.


2Futures also recently completed Grand Baie Business Quarter, an upmarket business hub, while their development partners have completed the Mont Choisy Shopping Promenade, conveniently adjacent to the new golf estate.


Says Dr Golding: “Located on the outskirts of the vibrant town of Grand Baie alongside the white sands of beautiful Mont Choisy Beach, the new development portrays a luxurious, modern Mauritian lifestyle set in what can only be described as compellingly magical, tranquil surrounds, complete with eco-sensitive features which include a desalination plant, waste water treatment irrigation and solar power system. This is combined with a country club, gym and spa, three restaurants, swimming pools and broad variety of outdoor leisure activities such as swimming, jogging, walking, waterskiing, kite-surfing, deep-sea fishing and scuba diving or just taking in the scenic surrounds.”


Launched in phase one is a total of 81 spacious units comprising 24 villas and 57 apartments while the second phase will consist of 73 villas and 51 apartments. Subsequent phases will see the creation of another 187 villas. Prices in phase one range from USD591 000 and, as with all Integrated Resort Schemes, buyers qualify for Mauritian residency.  In addition, furniture packages are available.


The entire estate, including the golf course comprises over 1200 acres, with lush landscaping focused mainly on the use of natural grasses and plants of Mauritius to minimise water usage.  Construction on site will commence before the end of 2013, while the first phase of units is anticipated for completion at the end of 2014. Villas are sold on a freehold basis and apartments as sectional title units. Purchasers in the first phase will automatically gain complimentary membership of the golf club. The gym and wellness spa will be for the exclusive use of residents and guests.


Adds Dr Golding: “Based on sales data from other golf developments in Mauritius and 2Futures developments to date, investment in a unit at Le Parc de Mont Choisy offers sound potential for capital growth of approximately nine percent per annum. Furthermore, a rental pool will be available from the outset for owners to rent out their units when not occupied for their own use.

“A key factor in the development of any golf course is its sustainability and notably, Le Parc de Mont Choisy golf club already has a list of over 300 interested local members, eager to secure their membership by purchasing debentures in the golf club. While there are a number of upmarket hotels in the vicinity of the new development, there are no existing golf courses in the area, which has resulted in a significant, pent-up demand for a facility of high standard. What better than an 18-hole golf course designed by Peter Matkovich, whose philosophy is that “land and nature must determine the shape, style and direction of play, and its design should aesthetically enhance the nature of the environment rather than detract from it,” concludes Dr Golding.


Adding appeal for families and other investors is that the new development is close to several pre-primary, primary and high schools - in both French and Cambridge English, there are ample professional medical facilities on hand, and daily flights between South Africa and Mauritius. With its buzzing nightlife, pavement cafes, broad range of shopping facilities and business hub, Grand Baie is just minutes away. For those requiring finance the leading South African banks are well represented in Mauritius.




  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 22 Jun 2018
      The rental market in many Johannesburg suburbs has shown encouraging signs of revival this year but it remains a competitive market and landlords who best cater to their market’s needs will reap the healthiest returns.
    • 22 Jun 2018
      Home design is constantly evolving to reflect the changing needs of society. We look at some of the ways in which our use of space is changing.
    • 22 Jun 2018
      While estate agents can help the seller with correctly pricing the property and marketing a property to the right pool of potential buyers, at the end of the day it’s the impression that the property will make on buyers that counts the most.
    • 21 Jun 2018
      Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry.
    • 21 Jun 2018
      A recent news story about a blind tenant caught in a legal battle with his body corporate over letters and notices he was unable to read and consequently comply with has raised the question: what are the legal obligations for landlords with disabled tenants?
    • 21 Jun 2018
      A trend that’s taken the world by storm in recent years is that of hygge (pronounced: hue-guh), a Danish concept that is about creating intimacy, connecting with loved ones and taking pleasure in small, ordinary things.
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK