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South Africans rush to buy homes in the most peaceful country in Africa – spending R101 million in 30 minutes – BusinessTech

South Africans are rushing to buy property in Mauritius, Africa’s most peaceful country, as concerns over economic instability and long-term financial security continue to drive demand for offshore investments.

The trend was highlighted by the launch of Alba, a boutique apartment development in Trou aux Biches on Mauritius’ north-west coast.

The development secured more than R101 million in sales within just 30 minutes of opening to buyers, with all the buyers being South African. 

The development, launched on 19 March 2026, consists of 36 fully furnished one- and two-bedroom apartments priced from $238,000 (about R4.08 million).

The project was marketed through a fully digital property launch, allowing investors from around the world to purchase units online in real time.

Developers said the rapid sales reflected growing demand, especially from South Africa, for offshore property investments that offer stability, rental income, and long-term growth potential.

The apartments are located about 100 metres from the beach in Trou aux Biches, one of Mauritius’ best-known tourism areas, where annual occupancy rates average around 83%.

The development also allows full foreign ownership, which is relatively rare in Mauritius, where international buyers are generally restricted from directly purchasing beachfront property.

Developers said the combination of limited supply, strong tourism demand, and coastal location had made the project especially attractive to South Africans.

“As global investors become increasingly sophisticated, access and execution are just as important as the asset itself,” said Norbert Koenig, managing director of the project developer, Red4.

“What we’ve seen with this launch is a clear indication that when you combine a well-positioned product with a seamless buying process, the market responds quickly and decisively.”

The development includes a professionally managed short-term rental structure operated by Luxury Ocean Vacations, which handles guest services, maintenance, and rental management on behalf of owners.

Projected returns were another major selling point. Developers estimate net yields of up to 8.2% in the first year and as high as 12.4% by the third year.

Low crime levels and a friendly tax environment

The developers also estimated a potential capital appreciation of around 20% annually based on comparable developments in the area.

Mauritius has become increasingly attractive to South Africans looking for hard-currency income and investment diversification.

The island nation has built a reputation for political stability, low crime levels, and a relatively transparent legal and tax environment.

According to the latest Global Peace Index published by the Institute for Economics and Peace, Mauritius ranked as Africa’s most peaceful country for the 18th consecutive year in 2025.

The island ranked 26th globally with a peace score of 1.586, outperforming several developed nations, including the United Kingdom, France, and the United States.

The index measures peace across 163 countries and territories using indicators such as crime levels, terrorism, ongoing conflict, and militarisation.

By contrast, South African cities continue to rank among the most dangerous in the world in annual studies compiled by the Mexican Council for Public Security and Criminal Justice in association with the Mexican Commission on Human Rights.

The contrast between the two countries has contributed to growing interest from South Africans seeking retirement destinations, second homes, and offshore investment opportunities.

Data from the Bank of Mauritius shows that foreign direct investment into Mauritius’ real estate sector rose 13% to nearly 24 billion Mauritian rupees (about R8.4 billion).

Property acquisitions, including luxury apartments and villas, accounted for around 18.6 billion rupees (R6.53 billion), representing roughly 70% of total foreign investment inflows into the country.

France and South Africa were the two largest sources of direct investment into Mauritius during the year, together accounting for 42% of total inflows.

South Africans alone invested 4.66 billion rupees (around R1.63 billion) into Mauritius, up 22.6% from the previous year.


Alba development


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