Grand Baie (Mauritius North Coast) City Guide

Mauritius is the Indian Ocean's premier property-investment destination, a politically stable, English/French-speaking island with a low-tax regime (no capital-gains or inheritance tax) and a property-linked residency programme that is unusually generous by global standards. Foreigners cannot buy residential land freely; they purchase through government-approved schemes administered by the Economic Development Board, primarily the Property Development Scheme (PDS, which replaced IRS/RES in 2015), the Smart City Scheme, and Ground+2 (G+2) apartments. The headline draw is direct: buying a qualifying property worth at least US$375,000 under PDS or Smart City grants the buyer and dependents a residence permit, valid for as long as the property is held. Grand Baie is the undisputed resort and lifestyle capital of the north coast, the 'Côte d'Azur of Mauritius'. It pairs a sheltered turquoise bay with the island's densest concentration of fine dining, nightlife, retail (La Croisette mall with 110+ stores; Grand Baie Coeur de Ville), marinas and watersports. This lifestyle infrastructure underpins the strongest property values on the island, anchoring a cluster of prime northern coastal villages (Pereybere, Pointe aux Canonniers, Mont Choisy, Cap Malheureux, Grand Gaube) that share its amenity base at distinct price points. Property in the prime segment is priced and transacted in EUR or USD even though the local currency is the Mauritian rupee (MUR), insulating overseas buyers from currency noise. The thesis combines lifestyle, residency, a benign tax environment and robust short-let demand from year-round tourism. NOTE, time-critical fiscal change: foreign-buyer registration duty doubles from 5% to 10% on deeds registered from 1 July 2026 (Finance Act 2025).