Overseas property developers IOREC and Flacq United Estates Limited (FUEL) will showcase their Azuri development (pictured) in Mauritius at the Beijing Overseas Property and Development Show, to be held on 5 to 8 April 2012.
According to the developers, it will offer “excellent investment and lifestyle opportunities as well as full residency within the country, making it an appealing purchase to overseas buyers.”
This year’s Beijing Overseas Property and Investment Show will take place at China World Trade Centre, with over 100 exhibitors and 35,000 visitors expected.
“We are delighted to be showcasing Azuri at the Beijing Overseas Property and Investment Show. We have received high interest from Chinese buyers and we expect sales to take off well when we launch in Beijing,” said Murray Adair, Chief Executive of IOREC.
Azuri is already 60 percent sold since September 2011.
Once completed, the development will include 278 residences, a luxury hotel, shops, restaurants and the only international school in Mauritius. Located on the North East of the island, it is spread across a 420-acre ocean-fronting site.
The development is the only Integrated Resort Scheme (IRS) in Mauritius that is being offered at between US$500,000 (S$628,516) and US$825,000 (S$1.03 million), as the average price for an IRS there stands at US$1.6 million (S$2.11 million).
Despite its competitive pricing, Azuri features the most luxurious international standards in terms of quality, noted the developers.
Related Stories:
London property boom benefiting other sectors
S’poreans make up the bulk of E&O’s foreign buyers
Asians look to Liverpool property investments