Property development company in Mauritius

A property development company in the tropical island of Mauritius is for sale. This is a local company in Mauritius which won the Best Real estate Award 2024 with the best residential project in Mauritius. Created in 2020, the company has evolved into one of the well recognized real estate company in Mauritius. Acquiring an existing real wstate company in Mauritius allows an Investor define the rule of the game in its own way.

Keypoints:

• A company has 3 valuable projects in its portfolio.
• The villas project are constructed on a plot of freehold land of 12.420.86 sq. metres. Each villa consists of approximately 122 metres to 389 sq. meters of habitable area. The villas will be semi furnished and have a private pool and an integrated fitness center and spa. This project has been awarded the best residential project at the recent mauritius real estate awards 2024.
• The total value with land and gain to the company is USD 15.29 million
• The duplexes project consist of 12 duplexes. Out of the 12 duplexes, only 8 duplexes have been built on site. Ideal location and a compact project made this project be close to school and local aminities.
• The total value to generate plus land cost is USD 1.6 million as gain to the company.
• The apartments is the latest company's project. This ambitious project comprises of 2 phases. The first phase consists of the construction of 48 apartments of high standing and 6 penthouses of very high quality in the upmarket region of Foret Daruty, in the northern region between Grand Bay and Belle Vue Harel. The project is located close to Northfields school and Ecole du nordwith all amenities closer than anything else.
• These apartment and penthouses are constructed on a plot of freehold land of 6,740 sq. metres. The apartments will be available with 2 bedroom or 3 bedrooms. The 2 bedrooms apartment will consist of 106 sq. metres of habitable area whist the 3 bedrooms apartment will be on 147 sq. meters habitable area, The penthouses of high-end quality will be on the top floor of the apartment blocks and will be of 294 sq. meters habitable area.
• The total value to gain is USD 27.83 million

Financials of the Company

• The projected income by merging the 3 projects = USD 44.73 million.
• Project overall profitability (after deduction of all cost/sales value) = USD 27.29 million.
• Revenue projected over 36 months = USD 44.73 million
• Assets Value of the Company over 36 months = USD 2.2 million
• Increase in assets value over 36 months = 15% = USD 2.53 million
• Add revenue projected over 36 months with the increase value of the company = USD 47.26 million
• Overall Profitability is = USD 27.29 million
• Internal Rate of Return = higher than 65% over a period of 36 months

Market Overview

• Mauritius`s Real Estate sector is booming, driven by various projects which are attracting people all around the world to come and establish here. Having the best education system, good climatic condition and a stable political atmosphere, this beautiful island is a famous spot for families seeking for happiness and wellbeing.
• As an investor, by acquiring an existing real wstate development company in Mauritius, gives you the luxury to shape the future of living style in Mauritius from an objective view.