Introduction to Ki Resort, Mauritius
Category Property Developments
Mauritius has always been a key getaway for South Africans, an attraction that shows no sign of abating. The island government welcomes foreign investment in approved developments such as Ki Resort. Many South Africans have already bought residential property on the island to secure a fixed holiday or permanent home. This year, new legislation has increased the incentive for more people to buy property in Mauritius, as well as to live and work on the island for extended periods.
Ki Resort is a luxury residence on prime island property, which offers great return on investment. It is located in Pereybere, a village adjacent to the tourist mecca of Grand Baie in the north. Buyers who spend a minimum USD375,000 automatically get permanent residency for themselves, their spouse, children under 24 years of age, and dependant parents. This perk lasts as long as they own the property.
Enjoy the facilities at 2Beach Club
Ki Resort is the only luxury resort-style apartment development that qualifies investors for 2Beach Club access. The project falls under the government-approved Property Development Scheme. It is already under construction and set for completion in 2022.
Ki Resort buyers enjoy the following:
Permanent residency
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Optional deco pack
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Concierge services
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A massive common swimming pool
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Large equipped gym
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Café
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Landscaped gardens
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24/7 security
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Exclusive access to nearby 2Beach Club
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Easy access to pharmacies, ATMs, supermarkets, food kiosks, coffee shops, restaurants, clothing shops and water sports
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Rental yield of 5.34% per annum
Ki Resort payment plan
Apartment prices start at USD255,000. However, those priced below USD375,000 don't qualify buyers for the permanent residency permit.
Meanwhile, a payment plan is available at Ki Resort, which makes that long-desired two- or three-bedroom apartment or penthouse (with pool and pergola on a rooftop terrace) well within your reach.
Ki Resort payment plan
- Sign title deed with only 25% payment of the purchase price.
- Pay another 15% after one year.
- Pay the balance of 60% on completion of the project or get a home loan from a local Mauritian bank.
Author: Debbie Hathway