Home > Financial > ERNA LOW PROPERTY introduces unique investment opportunities at 1-billion-Euro Emerald Heights devel

ERNA LOW PROPERTY introduces unique investment opportunities at 1-billion-Euro Emerald Heights devel

Added: (Thu Apr 02 2009)

Pressbox (Press Release) - Emerald Heights, a visionary masterplan of freehold properties in the lush serenity of southern Mauritius, has set a benchmark of quality in one of the last remaining sanctuaries in the world.

- Elevated position with unspoilt views of the Indian Ocean and silver sands of the Southern Mauritius coastline.
- Private Emerald Lagoon Beach Club and Gems Ayurvedic Spa.
- Golf privileges.
- Five-star Concierge service.
- Beneficial tax regime.
- Booming finance and tourism economy.
- Safe and secure democracy.
- Perfect freehold investment opportunities.
- Residential status through the Mauritius Government’s Real Estate Scheme (RES)*.

First phase releases introduced exclusively in the UK by award-winning international agent, Erna Low Property, includes over 30 sumptuous one, two and three bedroom apartments with shared pools; two, three and four bedroom detached villas with private gardens and waterfall pools set within an abundance of tropical landscaping.

Designed and constructed to the highest international specifications, these exceptional properties feature hardwood flooring; spacious, open plan living accommodation; stunning architectural features such as the octagonal entrance atrium and staircase in villa properties; Villeroy & Boch bathroom suites; modern fitted kitchens with island units; air conditioning, satellite TV, broadband connection and 24 hour security. Properties at Emerald Heights are inspirational while being affordable with apartments starting from
Euros 275,000, and villas from Euros 895,000 inclusive of furniture package, taxes and fees.**

“The financial crisis may be global – but it is not universal,” says Stephen Aldridge FRICS, Lord of Wavendon, CEO Mordaunt Estates. “Great and successful ventures like this tend to be very simple in their conception but complex in their execution.

Lord Wavendon continues: “We have simply scoured the world to find the right environment for our investment in property development and we have been extremely selective in our criteria: a safe and secure, non bureaucratic democracy with low corruption levels, low crime rates and a well educated population; a robust legal system based on British and Napoleonic rule; a stable and well managed economy which is not tied irrevocably to the dollar or sterling credit crisis; a superb climate with excellent IT, communications and flight connections. We were left with a VERY short list, and Mauritius is at the top.”

Situated on the edge of the stunning Black River Gorges National Park in the Mont Blanc valley, the Emerald Heights community is served by the eclectic Trapiche Centre which is richly appointed with boutiques, themed bars and restaurants, gourmet deli and quality food store. The Centre also offers a professionally equipped gym, treatment rooms for massage and therapy, and many leisure and relaxation opportunities.

Owners of properties at Emerald Heights have unlimited access to the five-star facilities of the private Emerald Lagoon Beach Club only 10km away by private shuttle service. The Club offers fine dining, sports lounges, near-Olympic size beachside infinity pool and the revitalising Gems Ayurvedic Spa.

Ownership also qualifies for privilege membership of the world-renowned Mauritius Gymkhana Club, an exceptional 18-hole international course, while the 18-hole par 72 championship course at Chateau du Golf at Bel Ombre is only 12km away by shuttle.

The Emerald Heights’ five-star, 24 hour Concierge service provides a range of facilities including global marketing, inventory, rental and accounting services for owners who wish to let their homes, as well as private catering services, transfers and shuttles, secretarial and business support, leisure excursions and reservations.

Access to Mauritius is easy with direct flights from 38 international cities. Emerald Heights, being the closest property development to the Island’s airport, is approximately 40 minutes transfer from Mauritius International Airport.

“This is a unique opportunity to invest in a wonderful freehold property in one of the world’s booming tourist destinations, much loved by the English, French and South Africans,” says Joanna Yellowlees Bound, CEO, Erna Low Property. “Under the RES, the Government of Mauritius is attracting high net worth individuals to the Island who will enjoy the amazing benefits of this Indian Ocean paradise of which, most importantly, is the excellent value of the Emerald Heights properties which are sure to exceed every international standard in design and specification.”

Construction of Emerald Heights has commenced with completion dates of first phase properties expected by mid 2010. Site visits are now welcome.

Visit http://www.emeraldheightsmauritius.com, or place a priority reservation on 020 7590 1624, or email: info@emeraldheightsmauritius dot com dot

Press enquiries:
Sappho Barkla, PR and Marketing Manager, Erna Low Property
Sappho.barkla@ernalowproperty dot co dot uk
Tel: +44 (0) 20 7590 1624

Francois Marchand, Sales and Project Manager, Erna Low Property
Francois.marchand@ernalowproperty dot co dot uk
Tel: +44 (0) 20 7590 1624

* Subject to conditions
** Prices include taxes, registration duty, notaire fees, agency fees and full furniture package.

Location and position
Mauritius is situated about 1100km east of Madagascar off the south east coast of Africa. It has an area of 2040km2 and 177km of coastline. The Island has a population of 1.3million.

Emerald Heights is approved by the Mauritius Board of Investment and designated as a Real Estate Scheme (RES). This makes the Island a serious choice for international investors. The RES allows purchase of freehold title to residential property. Mauritian residency for a purchaser and immediate dependents is available through a number of simple procedures enabling a qualifying purchaser to achieve resident status.

Mauritius is a booming and stable economy with efficient global banking and communications that combine to make Mauritius an ideal location from which to run a business or global organisation. Excellent telephone and IT connections, an advantageous tax structure and a robust European legal system help to support a pleasurable lifestyle for business and relaxation.

Mauritius Gymkhana Club (MGC)
This is the fourth oldest golf Club in the world and each family of the Emerald Heights copropriete will be offered privilege membership. This exceptional international course is enhanced with a dazzling range of recreational facilities including grass and clay tennis courts, squash courts, bar and restaurant, fitness centre and extensive conference facilities.

Some 933,000 visitors arrived in Mauritius in 2007, an increase of around 16% year on year, of which 65% were French, English and South Africans.

At Emerald Heights, waste water will be disposed of using an air injection aerobic degradation system followed by secondary green bed filtration using Phragmytes Australis ecological media and a tertiary planted filter to ensure clean water is returned to the aquifer.

Submitted by:Terri Paddock
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