Mauritius: House Prices, Rents, and Rental Yields
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Last Updated: 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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