Villa Vie stood tall at the recently held Mauritius Real Estate Awards for 2023 hosted by Propertycloud.mu where it won the coveted ‘Agency – PCMU special recognition award’. The real estate agency has been present on the market since 1982 and its Managing Director Sophie Hardy believes that the property market is well poised to witness expansion in the long term. She shares the story behind the success of Villa Vie and her perspectives on various measures put in place by the authorities that can only help spur international investment on the local shores.
Villa Vie was founded over 40 years ago in Mauritius and has witnessed first-hand the immense growth and acceleration of the real estate market. How do you feel the market is positioned currently, and what is your outlook over the next 5-10 years?
The real estate market in Mauritius has undergone remarkable growth over the past 40 years, and currently, it stands at a dynamic crossroads. With increasing demand from both local and international buyers, we believe the market is well-positioned for continued expansion. Looking ahead, the next 5-10 years present exciting opportunities, driven by sustainable development initiatives and evolving consumer preferences.
As winner of the Special Recognition Award based on making a significant contribution and impact within the industry, what have been the main factors that led to your success?
Our success can be attributed to a combination of factors, notably our dedicated team, our values, our in-depth understanding of the market, our hunger for innovation, our respect of traditions, our commitment to excellence, and most importantly, our engagement to doing business with heart. For us, it is all about the level of satisfaction of our customers and owners and we do our best to create a space that’s not just about properties but also about people and their dreams.
Given Mauritius’ strategic location, the Government has several measures in place to continue real estate growth, such as the provision of residence permits for eligible property purchases as well as retired non-citizens permits. How can such measures be beneficial to the real estate business and how to assist buyers thinking of investing into Mauritius?
The government’s strategic measures play a pivotal role in fostering real estate growth. These initiatives should not only attract international investors but also provide stability and confidence in the market. For potential buyers considering investment in Mauritius, we actively guide them through the process, leveraging our expertise to ensure a seamless experience.
How would you describe your experience of being part of the first edition of the Mauritius Real Estate Awards?
Being part of the first-ever Mauritius Real Estate Awards was an absolute delight. The ceremony was filled with positive vibes, highlighting the lively spirit of the real estate sector in Mauritius. It felt like a fantastic reunion, celebrating the industry’s incredible achievements. We were proud to be among the esteemed participants. Thank you once again to PropertyCloud!
