Petite Rivière Noire, situated on the beautiful island of Mauritius, has a rich history that dates back to the 17th century. Marked by vivid historical landmarks like Martello Towers, its geographical location on the Western end of the island offers breathtaking views of the Arabian Sea. Petite Rivière Noire is lush with tropical nature and provides a diverse and luxurious living environment. Over centuries, it has transformed from a simple fishing village into an elite residential hub, offering some of the best luxury homes and living conditions.
The Exclusive Property Market of Petite Rivière Noire
Current luxury property market in Petite Rivière Noire is steadily strong. The steady demand for luxury homes and apartments here is closely meeting the supply. Residential areas like Black River Gorges and Tamarin, owing to their exotic location, are some of the most sought-after locations for luxury homes, thus reflecting the stable political and economic situation.
Financial Aspects of Purchasing Luxury Property in Petite Rivière Noire
On average, both buyer and seller pay a real estate commission of around 2% in Petite Rivière Noire. In addition, there are costs associated with transfer tax, notary fees, and possible construction inspection or legal costs. The transfer tax on private property is around 5%. There is no wealth tax on private house ownership here, but you have to pay tax on the profit made from selling a home or apartment, whether it’s a primary residence or a vacation home. The corporate tax for companies is 15% and the income tax for residents varies between 10% - 25%.
The mortgage requirements for a house depend on various factors. Generally, a minimum of 10% downpayment is required, with primary consideration given to the buyer’s annual income.
Accessibility of Petite Rivière Noire
Petite Rivière Noire is easily accessible by road, with a comprehensive network of highways and arterial roads. The nearest major city, Port Louis, is about 42 kilometres away. The Sir Seewoosagur Ramgoolam International Airport is situated about 60 kilometres away, providing convenient flights domestically and internationally.
Educational Institutions & Healthcare in Petite Rivière Noire
The town has commendable educational institutions. Some of the notable ones are West Coast International School and Paul et Virginie Primary School. There are also healthcare facilities available, like the well-known Black River Clinic, known for quality medical service.
Petite Rivière Noire, located in the Rivière Noire District of Mauritius, has approximately 2,000 inhabitants. The environment is visually stunning with diverse geography; mountains, rivers, and beautiful picturesque beaches.
The tropical marine climate of Petite Rivière Noire is enjoyable with warm summers and mild winters. Apart from its natural beauty, it offers an array of outdoor activities, ranging from hiking in the Black River Gorges National Park to snorkeling in the lagoon.
In terms of shopping, there are various luxury boutiques like Mado and Vanilla Village. Luxury hotels like the Maradiva Villas Resort and Spa provide a lavish experience, while the Bay Restaurant and the Medium Rare Steakhouse offer exclusive dining options.
Annual events like the Black River Gorges Trail event every May and the International Kreol Festival bring people together in a display of community spirit and cultural celebrations. The art and culture scene is commendable with galleries like the Patrick Mavros Atelier showcasing local art and culture.
Public infrastructure like roads, water supply, and utilities are well developed with an impressive array of amenities. Overall, Petite Rivière Noire offers you stable investment opportunities intermingled with an exclusive lifestyle and lush beauty.