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Nov 24, 2005

Yields are moderate at 6.17% in Mauritius


Last Updated: Nov 24, 2005
PORT LOUIS COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
100 sq. m. 85,000 300 4.24% 850 3.00
200 sq. m. 160,000 600 4.50% 800 3.00
300 sq. m. 250,000 1,200 5.76% 833 4.00
500 sq. m. 350,000 1,800 6.17% 700 3.60
Source: Global Property Guide

Property prices are around US$700 to US$850 per sq. m. A 100-square meter (sq. m.) property in Port Louis can be bought for around US$85,000. A 500 sq. m. property would cost around US$350,000.

A 500-sq. m property in Port Louis can produce income from rent of around 6.17% per annum. The general rule here is that the smaller the property, the lower the yields. With a 200-sq. m property, the yield can go down to about 4.5%.

  





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