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Rental Yields in Mauritius: What a Luxury Property Really Earns

Gross yield is the number brochures quote. This is what a luxury property in Mauritius earns after the costs nobody prints.

99Habitat Research · 28 Aug 2026 · 6 min read

Luxury residential architecture in Mauritius, Mauritius

In short

Well-chosen luxury property in Mauritius produces 4–6% gross with resort management. Net returns typically land one to two percentage points lower after management, service charges and vacancy.

The gross number

4–6% gross with resort management in Mauritius. That is the number to start from, not the number to plan with.

Approved schemes let foreign buyers own freehold with a residence permit attached above a defined threshold. Strong India links, English-language administration and a favourable tax treaty history.

What comes off the top

Service charges, management fees, letting commission, insurance, maintenance reserve and void periods. In prime markets these routinely absorb a fifth to a third of gross rent, and service charges on branded or amenity-heavy buildings are the most commonly underestimated line.

Tax matters too: no annual property tax; registration duty on purchase

Where the demand actually is

Grand Baie & North: Most liquid resale, expatriate depth.

Black River & West: Golf estates, family villas.

Bel Ombre & South: Newer resort-led schemes.

How we underwrite it

Ten months of occupancy, three years of comparable evidence, and a resale assumption of flat real pricing. If the case only works on twelve months and rising rents, it is not a case — it is a hope.

Only approved-scheme property carries residency. Confirm the scheme classification in writing.

References

This article is general information, not investment, tax or legal advice. Rules change — confirm current requirements with qualified counsel before you transact.

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