How much does property cost in Mauritius?
Direct Answer
Entry-level approved apartments start around USD 200,000; PDS villas and luxury beachfront properties range from USD 500,000 to several million dollars.
Price ranges by property type
Property prices in Mauritius vary widely depending on location, scheme type, and proximity to the coast.
PDS villas and houses
PDS developments — the scheme through which foreigners can buy and obtain residency — typically start at USD 375,000 (the minimum to trigger residency). Mid-range PDS villas in areas such as Tamarin, Bel Ombre, and Rivière Noire range from USD 450,000 to USD 900,000. Luxury PDS villas with private pools and ocean views in Grand Baie or the east coast can reach USD 1.5 million to USD 4 million.
Approved apartments (Ground + 2)
Foreigners can purchase apartments in qualifying multi-storey buildings in authorised zones without the USD 375,000 minimum. Prices for one- and two-bedroom apartments in this category typically range from USD 150,000 to USD 350,000, making this the most accessible entry point.
Smart City apartments
Smart cities such as Moka Smart City offer modern apartments from around USD 180,000 for studio and one-bedroom units. Larger two- and three-bedroom units run USD 280,000–500,000.
IRS resale market
Legacy IRS properties in resort estates such as Heritage Villas, Anahita, and Les Papayes command premium prices — typically USD 600,000 to USD 3 million — reflecting their beach access and resort facilities.
Local market (Mauritians only)
For context, local market prices (not accessible to foreigners) are significantly lower — a house in a central plateau town might sell for MUR 4–8 million (USD 90,000–180,000). The dual-market structure means the approved-scheme price floor reflects both the restriction and the premium lifestyle positioning.
Annual charges
PDS and resort estates typically charge annual levies of USD 2,000–8,000 for communal services, security, and gardens. Factor this into your total cost of ownership.