Nestled on the Eastern coastline of the idyllic island nation of Mauritius lies the stunning locale of Belle Mare. Known for its pristine beaches, rich history, and geographical appeal, Belle Mare is a gem in the Indian Ocean. The area is drenched in history with legendary sights such as the Belle Mare Plage Golf Club and the historic Le Waterpark & Leisure Village. Situated in the Flacq District, this oceanfront paradise is the quintessential epitome of luxury island living.
The Exclusive Property Market in Belle Mare
The current exclusive property market in Belle Mare is markedly robust and stable, maintaining consistent appeal among discerning home buyers. The demand for luxury homes and apartments clearly mirrors the high-quality offerings in this exclusive region. The local political and economic situation remains stable, further supporting Belle Mare as an attractive investment opportunity.
When it comes to buying a luxury home in Belle Mare, expect to incur certain additional costs such as transfer tax, real estate agent commissions, notary fees, and potential expenses related to construction inspections or legal procedures.
Finances and Taxation in Belle Mare
In the real estate transaction, both buyer and seller can expect to pay an average real estate commission. However, specific rates are negotiated on a case-by-case basis. Transfer tax applicable to private property transactions, wealth tax, and corporate tax rates are set by the Mauritius Revenue Authority, and their specific information can be best obtained through direct consultation.
Private homeowners in Belle Mare who sell their main residence generally do not have to pay tax on the profit made. However, this differs for those selling a second home or vacation property, wherein capital gains tax may come into play.
Mortgage and Real Estate Financing in Belle Mare
Typically, financial institutions in Mauritius allow potential homeowners to loan up to 90% of the property value, given they meet the income requirements. Foreign capital and income requirements can vary, so potential buyers are encouraged to obtain personalized financial counselling.
Luxury Living in Belle Mare
Luxury homes are predominantly found along the beachfront stretch, offering breathtaking ocean views and quick access to the vibrant beachside lifestyle. Accessibility to Belle Mare is smooth, courtesy of well-maintained roadways and its proximity to Plaine Magnien, home to the nearest international airport, the Sir Seewoosagur Ramgoolam International Airport.
Nearby Amenities and Lifestyle in Belle Mare
Belle Mare is host to a variety of prestigious educational institutions like the Centre de Flacq SSS Boys. The nearby University of Mauritius offers advanced education opportunities. The region boasts top-notch hospitals and clinics, adding to the convenient lifestyle of Belle Mare residents.
The location caters to an engaging outdoor lifestyle with a host of sports and outdoor activities such as golfing, water sports, and horse riding. Belle Mare serves as a luxury lifestyle hub, hosting premium shopping destinations, high-quality restaurants like La Spiaggia, and world-class hotels like the iconic Constance Belle Mare Plage.
The region is renowned for its cultural richness with well-known cultural and sporting events held annually. Art and culture thrive in Belle Mare, evident in the numerous art galleries, theaters, and historical sites such as the famous Poste de Flacq.
Belle Mare ensures a top-tier living experience with optimal public infrastructure and easy access to amenities, making it a dream locale for a luxury home.
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