As a future investor in real estate in Mauritius, you probably want to live in the country, perhaps to spend your retirement or to work. Therefore, your questions about the cost of living in the country are legitimate, especially in the context of the inflation that the world is currently experiencing. Our answers.
The real estate market in Mauritius has homes for rent and for sale. Your choice will naturally depend on your aspirations, your desire to invest or not. The acquisition of real estate in Mauritius has already attracted a good number of foreigners, thanks to programs specially developed for an easy investment, but also interesting fiscally and financially.
On the price side, here is a report from the specialized site Expatisan:
Monthly rent for a 85 sqm (900 sqft) furnished apartment in an expensive area: ₨ 40,000 / ₨ 19,546 in a popular area – charges (electricity, gas…) for 2 people: ₨ 2,100
Monthly rent for a 45 m² furnished studio in an expensive neighborhood: ₨ 26,665 / ₨ 10,203 in a popular neighborhood – charges for 1 person: ₨ 1,479
Mauritius does not lack supply points: markets, supermarkets, mini-markets, local grocery stores. Some examples of prices:
- 500 gr (1 lb) boneless chicken breast: ₨ 70 ;
- 1 liter (1 qt.) of whole milk: ₨ 50 ;
- 12 large eggs: ₨ 93 ;
- 1 kg (2 lb) tomatoes: ₨ 250 ;
- 500 gr (16 oz.) of local cheese: ₨ 40 ;
- 1 kg of apples: ₨ 55 ;
- 1 kg of potatoes: ₨ 20 ;
- 0.5 l (16 oz) of local beer from the supermarket: ₨ 100
- 1 bottle of red table wine, good quality: ₨ 1,000 ;
- 2 liters of Coca-Cola ₨ 70.
At the restaurant…
- A basic lunch menu (including one drink) in the business district: ₨500/person
- Meal in a fast food restaurant: ₨219/person
Electricity, water and internet are the main utilities that are subject to payment. Here are the numbers from the Economic Development Board:
Electricity: between Rs 700 and Rs 900 / month for a normal consumption, the type of equipment used and the hours of use.
Water: between Rs 150 and Rs 300 / month for normal domestic use for a family of 3 to 4 people.
Internet: Rs 1 300 / month for a download speed of 20 Mb/s and the provision of an unlimited volume of 1 TB.
Between the extensive and efficient bus network, cabs, metro, car rental, it is easy to get around Mauritius.
Indicative rates for the :
- Bus – Rs 35 for a one way ticket;
- Metro – Rs 44 one way;
- Cab – Rs 110 to Rs 130 per km ;
- Car rental – from Rs 900 (sedan car)
- A liter of gasoline : Rs 60,10
These basic prices allow you to get an idea of the cost of living in Mauritius in order to prepare your real estate investment in the pearl of the Indian Ocean as efficiently as possible!