Wednesday, 28 February 2018

Hotel Rooms For Sale in Mauritius

The Long Beach, belonging to hotel group of Sun Resorts Ltd, which will resume their operation at the end of the year, will be the first hotel to sell hotel rooms in the Hotel Invest Scheme (IHS).
Globally, 90 of the 255 rooms of the Long Beach, which was built on the site of the Coco Beach Hotel Belle Mare, will be sold to Mauritian and foreigners. The hotel required an investment of Rs 2.5 billion.

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In December of last year, seven hotels construction projects under the IHS were being considered by the BOI. Two of them were approved, those of Sun Resorts Ltd and Ramloll Bhooshan Property Ltd. Mr Nicolas de Chalain, the Managing Director of Sun Resorts has on that occasion declared that there were many applications. This was also in the context of democratization of the economy. They offer the opportunity to Mauritian to have a property on the beach. The cost of the room depend on the promoter and on most of the cost of construction.