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Mauritius Property Prices Hit Plateau – What Buyers and Sellers Should Know in Late 2025

After several years of steady appreciation and intense demand, the Mauritian property market is showing signs of stabilising as we head into the final quarter of 2025. While this might come as a surprise to some, local experts are calling it a natural pause — not a downturn — and are urging buyers and sellers to see this moment as one of opportunity, not panic.


From Surging Prices to Softer Negotiations

Throughout 2022–2024, Mauritius saw unprecedented interest in real estate, driven by returning diaspora, expats relocating for lifestyle or tax reasons, and local buyers investing in secondary homes. Western regions like Black River, Tamarin, and Flic en Flac witnessed double-digit annual growth in property values, while the North continued to see robust demand for gated estates and RES/IRS projects.

But 2025 has brought something new: equilibrium.

“The market hasn’t crashed — it’s just matured,” says Karen Thornalley, Director of PropertyFinder.mu, one of the most respected real estate agencies in Mauritius. “Buyers are negotiating again. Sellers are adjusting expectations. And properties that were once snapped up in a week are now taking a month or two.”

Karen and her team have been at the heart of the Mauritian property market for years, especially in the West of the island. Known for their honest advice, deep local knowledge, and exceptional service, Property Finder has become a trusted name for both international buyers and local homeowners. From first-time investors to high-end relocations, their personal and professional approach has helped countless clients find their dream property — and avoid costly mistakes.

“We don’t just sell homes — we build relationships,” Karen adds. “And right now, the relationship between buyer and seller is changing. That’s a good thing.”
Birdseye view of Mauritius properties

Rental Market Remains Hot

Interestingly, rental demand hasn’t cooled. With more expats choosing to “try before they buy,” high-quality rental properties — particularly in proximity to international schools and beaches — remain scarce and command premium prices.


Short-term rentals, especially luxury villas with private pools and security, continue to perform well in tourist-heavy areas. This has made buy-to-let investments appealing, but agents warn that those yields may compress if too many new investors enter the space.


What This Means for Buyers

  • More choice, less pressure. Buyers can take their time and negotiate without the panic-buying atmosphere of the last 2 years.

  • Realistic valuations matter. Banks are becoming more cautious with valuations, and buyers should ensure they’re not overpaying.

  • Expect value in ‘fixer-uppers.’ Some sellers are finally ready to offload older properties needing work — these could be hidden gems for the right buyer.


Advice to Sellers

  • Price realistically. Overpricing will hurt visibility and cause longer listing times.

  • Presentation is key. With more competition, staging your home and investing in small upgrades can make a big difference.

  • Work with local agents. On-the-ground insight is invaluable in this evolving market. Few teams are as well-positioned as Property Finder to guide clients with professionalism, accuracy, and care.


Looking Ahead

While this “plateau” may feel unfamiliar after years of steep climbs, it could be exactly what Mauritius needs: a breather. One where the market resets, regains transparency, and ensures long-term, sustainable growth — rather than speculative spikes.


And for those truly looking to live on the island — not just invest — it’s a welcome window to find the right home, at the right price, in the right place. If you’re thinking of making a move, PropertyFinder.mu and Karen’s dedicated team are one of the best places to start your journey.

We are delighted to work together in promoting the beauty and opportunities of Mauritius.

Our websites, Mauritius Life, Veri Global, and Property Finder, are committed to providing valuable information, resources, and services related to Mauritius, its culture, economy, real estate, and more.


Please explore our websites to discover the rich cultural heritage, breathtaking beaches, thriving economy, top-notch real estate listings, investment administration, and knowledge that Mauritius has to offer. Together, we aim to showcase the best of Mauritius and assist you in making informed decisions about living, investing, and experiencing all that this beautiful island has to offer.

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