A new Mauritian property ownership system, the ‘Integrated Resort Scheme’ (IRS), which allows foreigners to purchase property in Mauritius, has opened the way for a R2,5-billion property development.

Known as the Ciel Properties’ Anahita project, it is set to be the largest and most extravagant IRS development on the East coast of Mauritius. It also aims to be one of the top-five developments of its kind in the world in the next five years. REHM-Grinaker, a Mauritius-based company that includes South African construction giant Grinaker-LTA as one of its shareholders, has, to date, netted three contracts totaling more than R229-million at Anahita.

The development is situated in the village of Beau Champs on 213 hectares of land, bordering six kilometres of the Mauritian coastline.

It will include a five-star hotel that will be managed by Four Seasons, an 18-hole championship golf course, designed by Ernie Els, 215 luxury villas, 40 golf lodges and 70 waterfront apartments.

Grinaker-LTA building MD Neil Cloete said that the projects were set to create long-term employment opportunities, especially for Mauritians who had mainly been restricted to working in the agriculture and fishing industries.

The site of the Anahita development is conveniently located just 30 minutes from the airport.