By Nawaz Peerbux. December 2021. In 2019, 1,383,488 tourists had visited our island with earnings of Rs 63.1 billion. In 2020, as our borders closed, 308,908 tourists had visited our island (decline of 77.7%) while earnings fell by 72% to Rs 17.7 billion in 2020. With the opening of the borders, by the 15th of October 2021, an estimate of only 39,460 tourists had flown to Mauritius. Out of those,...
By Nishta Jhurree & Nawaz Peerbux June 2021 Social media has become an integral part of how businesses conduct their marketing as it is deeply embedded in today’s society. With half of the world’s population (3.5 billion) on social media daily, and the average person having 8 social media accounts, it is without a doubt that social media has become a force to be reckoned with in...
Osman is a young member of the team who has worked his way up the ranks based on his pure determination and commitment to tasks assigned. He started off early, sourcing land and researching potential projects which would be profitable for companies. His sharp eye and love for the property industry brought him to where he is. Osman knows Mayfair Serenity inside out. He is the one who will happily...
I have been positively influenced and shaped by my sales career since my first day at work. Although my career seems to be just taking off, I have had the opportunity to work alongside some great role models who have openly shared their knowledge and experience to make my work more efficient, effective and enjoyable. The satisfaction achieved when genuinely helping others with real estate...
Written by Nawaz Peerbux - Promoter of the Mayfair Brand Construction has always been my passion since I started in 2004. I get to invent things from the ground up and get to touch the final product. It's extremely satisfying to see a vision all the way through to completion. Mayfair has built its brand on trust, integrity and reliability and has progressed steadily over the past 4 years selling over...
Written by Nawaz Peerbux May 2020 Covid19 has brought an unexpected season of turmoil within all industries and the property market has not escaped. Mauritius started the year with confidence and continued its boom in real estates from both foreign and local investors. However, as the cat has been thrown amongst the pigeons and all norms are becoming estranged, it has left us...
Today, real estate, tourism and financial services are Mauritius’s primary economic drivers, aided by a tax climate favourable to foreign investors. The island has a flat 15% tax on corporate and individual income, and no taxes on property, capital gains or inheritances. Foreigners may only buy property in what is called a “property development scheme,” which can be a resort-like development like...
