This property is the perfect investment for someone who wishes to venture into Mauritius : for sale


This property is the perfect investment for someone who wishes to venture into Mauritius

La Ville des Fleurs, Mauritius

NEGOTIABLE
POR

Agent: Cliff Jacobs - Managing Principal Estate Agent & CEO (Nat.Dpl.Hotel Man (UJ). M.P.R.E.)
Agent Cellphone: +27 (0) 84 413 1071 / +27 (0) 61 716 6951
Agent Office Number: +27 (0) 21 554 0283
Agent Email Address: cliff@exquisitehotelconsultants.com
Type: Hotel
Bedrooms: 32
Bathrooms: 32
Showers: 32
Parking: 30
Yield: Not Disclosed


Quatre Bornes

Quatre Bornes, also known as La Ville des Fleurs (The City of Flowers), is a town in Mauritius, located in the Plaines Wilhems District, the western part also lies in the Rivière Noire District. The town is administered by the Municipal Council of Quatre Bornes. Situated between the towns of Beau-Bassin Rose-Hill and Vacoas-Phoenix, Quatre Bornes is linked by roads to the north, east, south and west of Mauritius. According to the census made by Statistics Mauritius in 2015, the population of the town was 77,308.

History

In 1721, Wilhem Leicknig of Prussian origin settled on the island then known as Isle de France, the district of Plaines Wilhems was named after him. In 1740, French cartographer Guyomar drew the "Quartiers des Plaines Wilhems" where Quatre Bornes was shown as a forest that was slowly being colonised. Joseph François Charpentier de Cossigny named his region Palma and Governor Antoine Desforges Boucher named his region Bassin in 1764. During the British period, the railway line was introduced in 1864, the region of Plaines-Wilhems started developed rapidly with the migration of people from coastal regions. Quatre Bornes was proclaimed a village in 1890, then proclaimed "Town" under Governor Harman in 1896. The Bassin and Palma state was annexed to the Town of Quatre Bornes in 1967. In 1987, the region of La source was annexed to the town of Quatre Bornes. In the 1980s and 1990s, a period of rapid commercial development started.

Politics

For the general elections the town is classified within the Constituency No.18 Belle Rose and Quatre Bornes. For several past general elections, the Nomination Centre has been located within Baichoo Madhoo Government School.

Education

Schools in Quatre Bornes include 12 secondary schools and 9 primary schools which are either state-owned or private institutions.

Secondary institutions include the College Sainte-MarieCollege du Saint-EspritDr. Regis Chaperon State Secondary SchoolEden College BoysEden College GirlsGaëtan Raynal State CollegeIslamic Cultural CollegeLoreto College Quatre BornesPalma State Secondary SchoolPatten College BoysQuatre Bornes State Secondary School and Sodnac State Secondary School.

Primary schools include Baichoo Madhoo Government School, Emilienne Rochecouste Government School (GS), Beau Séjour GS, Candos GS, Louis Nellan GS, Palma GS, Remy Ollier GS, Chooroomoney GS, Sir Veerasamy Ringadoo GS and Sookun Gaya GS.

Sports

The town is home to the Guy Rozemont Football Stadium, the team of the town is the AS Quatre Bornes, it currently plays in the National First Division for the 2012–2013 season.

Mauritius

Mauritius, officially the Republic of Mauritius, is an island nation in the Indian Ocean about 2,000 kilometres (1,200 mi) off the southeast coast of the African continent, east of Madagascar. It includes the main island (also called Mauritius), as well as RodriguesAgaléga and St. Brandon.The islands of Mauritius and Rodrigues, along with nearby Réunion (a French overseas department), are part of the Mascarene Islands. The capital and largest city, Port Louis, is located in Mauritius, where most of the population is concentrated. The country spans 2,040 square kilometres (790 sq mi) and has an exclusive economic zone covering 2.3 million square kilometres.

Arab sailors were the first to discover the uninhabited island, around 975, and they called it Dina Arobi. The earliest confirmed discovery was in 1507 by Portuguese sailors, who otherwise took little interest in the islands. The Dutch took possession in 1598, establishing a succession of short-lived settlements over a period of about 120 years, before abandoning their efforts in 1710. France took control in 1715, renaming it Isle de France. In 1810, the island was seized by Great Britain, and four years later France ceded Mauritius and its dependencies to Britain. As a British colony, Mauritius included Rodrigues, Agaléga, St. Brandon, Tromelin, the Chagos Archipelago, and, until 1906, the Seychelles.Sovereignty over Tromelin is disputed between Mauritius and France, as it was not specifically mentioned in the Treaty of Paris.Mauritius remained a primarily plantation-based colony of the United Kingdom until independence in 1968.

In 1965, three years before Mauritius became independent, the UK split off the Chagos Archipelago from Mauritian territory, and also split off the islands of Aldabra, Farquhar, and Desroches from the Seychelles, to form the British Indian Ocean Territory (BIOT).The local population was forcibly expelled and the largest island, Diego Garcia, was leased to the United States. The UK has restricted access to the Chagos Archipelago, barring entry to casual tourists, the media, and former inhabitants. The sovereignty of the Chagos is disputed between Mauritius and the UK. In February 2019, the International Court of Justice issued an advisory opinion ordering the UK to return the Chagos Islands to Mauritius as rapidly as possible to complete the decolonisation of Mauritius.

Owing to its geographic location and centuries of colonialism, the people of Mauritius are highly diverse in ethnicity, culture, language and faith. It is the only country in Africa where Hinduism is the most practised religion. The island's government is closely modelled on the Westminster parliamentary system, and Mauritius is highly ranked for democracy and for economic and political freedom. Mauritius is the only African country to be in the "very high" category on the Human Development Index. According to the World Bank, the country is classified as a high-income economy. Mauritius is also ranked as the most competitive, and one of the most developed economies in the African region. The country is a welfare state. The government provides free universal healthcarefree education up through the tertiary level and free public transportation for students, senior citizens, and the disabled. In 2019, Mauritius was ranked the most peaceful African country by the Global Peace Index.

Along with the other Mascarene Islands, Mauritius is known for its varied flora and fauna. Many species are endemic to the island. The island was the only known home of the dodo, which, along with several other avian species, was made extinct by human activities relatively soon after the island's settlement.





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Key features

A seven-story building of a gross approximate extent of 1,800 square metres currently made of concrete frame structures in-filled with concrete block walls under reinforced concrete slab roof stands on the site. The walls are plastered and painted with aluminium glazed openings. The floor is laid with a mix of ceramic tiles, laminated flooring and moquette flooring. The building is fully equipped with air conditioning units and firefighting equipment. It is also equipped with a lift and an emergency staircase.

Accommodation on the ground floor consists of a commercial unit currently being rented to a tenant, a reception desk under a false ceiling, an office, an Automatic Teller Machine (ATM), a generator room, a boiler room and a terrace. The first floor consists of a restaurant, a VIP dining room, four toilets, a kitchen and two stores. The second, third and fourth floors have the same layout. Each of them accommodates nine ensuite bedrooms with a mess room on the second floor, a laundry on the third floor and a gym area on the fourth floor. The fifth floor consists of two two-bedroom units, four single bedroom units and a store. The two-bedroom units consist of two ensuite bedrooms and a living room while the single bedroom units consist of an ensuite bedroom. The sixth floor consists of a board room, three offices, a filing room and two toilets. The property is in a good state of repairs and maintenance. 

The perfect investment

  • The property is the perfect investment for someone who wishes to venture into Mauritius
  • Property for sale in this area is scarce
  • The property is looking to double in commercial and net asset value with the metro line covering the area
  • The property is already generating an attractive return on investment

Financiers have shown keen interest to finance the acquisition of the property.

The property can be run as a city hotel with its direct access to Ebene and Port Louis being where the centre of the main business district of the country.

Acquiring this property will also be eligible for an investment license by the government of Mauritius thus providing 10 years of permanent residency for the couple and their family.

INVESTMENT OPPORTUNITY
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Cliff Jacobs (Nat.Dpl.Hotel Man. (UJ). M.P.R.E.)

Managing Principal / CEO

Exquisite Hotel Consultants (Pty) Ltd

Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951
Landline: +27 (0) 21 554 0283
Emailcliff@exquisitehotelconsultants.com
Skype: cliff.jacobs

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