For anyone looking to secure their financial future, investing in offshore markets is a key consideration to building a balanced and diversified portfolio. This can be a rather daunting thought due to the number of international investments currently available, but the Business Exchange (TBE), in partnership with Maxcity Properties, the largest and most established property company in Mauritius, recently launched an exciting opportunity, offering investors a unique chance to own offshore property in Mauritius, a Dollar-based country.
At a very accessible price point, 117 sectional title serviced office space units are for sale from $36 500 each: “This is the ideal opportunity for investors seeking an affordable yet safe way to invest offshore, in an asset class operated and managed by a trusted and experienced South African company,” says David Seinker, founder and CEO of The Business Exchange.
All units will form part of a rental pool lease agreement, and investors will receive Net Rentals paid in US Dollars, the sum being dependent on the size of the property they own (calculated according to square meterage). With occupancy forecasted to reach up to 80%, buyers can expect net returns before tax on their investments of up to 10% from as early as year 2, with projected property appreciation of 30% over seven years.
After being incorporated in 2014, TBE has grown to six locations across South Africa and Mauritius, with further expansion plans for the rest of the continent. TBE successfully launched its first international location in Mauritius in 2019, with the site proving a resounding success. The building quickly became one of TBE’s top-performing locations after achieving full occupancy in record time.
Mauritius is increasingly being recognised as one of the foremost investment destinations on the African continent, presenting a sound environment both politically and economically. Major international brands, including Samsung, Broll, Expedia and NBA, have already based themselves at TBE in Mauritius in a serviced office environment.
“With this offering, TBE is targeting investors seeking to purchase property in a unique, high-growth asset class. Furthermore, it offers a hedge against the Rand in a location set to see stable and predictable growth in the near future,” he adds.
Offshore investment, especially in a Dollar-based country can provide a buffer against weaker currencies, such as the Rand, as well as both inflation and exchange rate fluctuations, increasing the potential to earn stable returns under varying conditions.
Investors interested in this unique opportunity may get in touch by emailing Danita de Canha or by visiting our website. Further information is available by viewing the brochure here.