The Mauritius luxury property market enters 2026 in a position of quiet strength. After the post-pandemic correction and recovery surge, the market has found equilibrium — stable prices, selective demand, and a maturing regulatory environment.
Market Snapshot
Price Trends
Average prices across approved schemes have increased ~12% over 24 months, driven by limited beachfront supply, continued demand from South African, European, and Middle Eastern buyers, and a weaker Rupee enhancing foreign purchasing power.
Transaction Volume
The EDB reports ~380 foreign transactions in 2025 — up 15% on 2024. Average transaction: USD 780,000. PDS accounts for 55% of foreign purchases.
Demand Drivers
- South African capital flight: Political uncertainty, currency volatility, security concerns
- European fiscal migration: France's IFI, UK non-dom reforms, German marginal rates
- Remote work permanence: Premium Visa holders now buying property
- Middle Eastern/Indian interest: Diversification play with DTAA advantages
Supply Dynamics
~12 new PDS/Smart City projects launching in 2026, adding 800–1,000 units. Construction costs stabilised at USD 2,500–3,500/sqm luxury specification.
Rental Market
- Occupancy: 65–75% annually (peaks 90%+ Dec-Jan, Jul-Aug)
- ADR (4-bed luxury): EUR 400–800
- Gross yields: 5–8% beachfront, 4–6% inland
Risks
- Currency: MUR depreciated 20% vs EUR over 3 years
- Regulatory: Possible minimum price threshold increases
- Climate: Rising sea levels, cyclone intensity for coastal properties
2026 Predictions
- Prices increase 4–7% in luxury segment
- PDS continues to dominate foreign transactions
- South and east coasts outperform on appreciation
- Smart City residential gains traction as Moka matures
- Rental yields stabilise as supply-demand reaches equilibrium
The market rewards informed, patient capital. The data supports continued investment — for those who do their homework.