Pam Golding Properties Group Newsletter
PGP logoDate: January 2012

International Property News

Le Parc de Mont Choisy golf & beach estate

Golf course clearing begins and sales office open

January boom for Eden Island development

Investment returns see owners acquiring second and third properties

Le Parc de Mont Choisy golf & beach estate - golf course clearing begins and sales office open


Mont Choisy Sale Office

For those who have travelled to Mauritius, Grand Baie which is situated in the sought-after North of the island, is synonymous with the best the island has to offer, combining its natural beauty and the best weather with a vibrant nightlife and robust business infrastructure.

Launched some 12 months ago, the prime located Mauritian development, Le Parc de Mont Choisy, is ideally positioned in Grand Baie and has been met with considerable enthusiasm from the South African and European market.

Already Pam Golding Properties International & Projects Division and its Mauritian operation have sold over 75 units at a total value of over ZAR800 million with a further 10 units having been reserved.

With this excellent take-up in sales, an exciting milestone has been now been reached where the clearing of the Peter Matkovich designed Golf Course site has begun and the onsite sales office is open. 

Says Jonathan Tagg, Director of Pam Golding Properties Mauritius: “Le Parc de Mont Choisy offers a broad range of apartments and villas well priced from USD600 000, which is very competitive for an IRS (Integrated Resort Scheme) with a top quality golf course of international standard, country club, spa, restaurant and other attractions. Buyers also qualify to apply for Mauritian residency.


Mont Choisy view

“The contemporary architecture of Stefan Antoni of SAOTA – Stefan Antoni Olmesdahl Truen Architects is a major draw-card, together with the fact that world-renowned South African designer, Peter Matkovich, designed the 18-hole golf course, providing both local and international appeal.

“And with Grand Baie being such a popular resort and hotel destination, and sought after among French and South African expatriates in Mauritius, the response from Europe and South Africa has been outstanding. This is coupled with the close proximity of Mont Choisy beach, which is considered the best on the island.”

In recent years, Mauritius has also grown into one of the most sought after golf destinations in the world, with a number of globally acclaimed designers moulding the natural terrain. Yet the attractions and benefits of Grand Baie and Mauritian have never been combined……until now.

At Le Parc de Mont Choisy, everything that is good about Mauritius comes together in an irresistible combination, including the work of two iconic designers in their respective fields, architect Stefan Antoni and golf course designer Peter Matkovich.

On arrival at Mont Choisy, the avenue of Banyan trees leading to the impressive Friendship Gates provides a hint of what is to come; a sense of privacy, tranquillity and relaxation that permeates throughout every aspect of the estate.


Under construction

Facilities that are planned include a fully equipped gym, a spa, swimming pools, a country club attached to the golf course and a beach club, taking advantage of the estate’s proximity to Mont Choisy beach, acknowledged as one of the most beautiful on the island. The estate is also located close to schools, medical facilities, a new vibrant shopping precinct and Mauritius’ business hub in the North.

From a real estate perspective, the estate will comprise of approximately 500 units on completion, with the initial phase including 180 units. The range of property opportunities, combined with a competitive pricing structure, adds to the attractiveness of an investment at Mont Choisy.

The units that are available for purchase include spacious apartments, offering views of the 18 hole championship golf course, private villas with lushly landscaped gardens and the beautifully appointed and exclusive Stefan Antoni-designed Signature Golf Villas. As with all Integrated Resort Schemes in Mauritius, all purchasers will qualify for Mauritian Residency.

For more information contact Richard Haller at Pam Golding Properties International division, Office +27 (0)21 762 2617 or + 27 (0)83 776 0802 or email montchoisy@pamgolding.co.za


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January boom for Eden Island development

At a time of global economic uncertainty, Eden Island property development in the Seychelles is bucking the trend and showing returns on investment which are way above the average.

For Eden Island Property Development Company (Seychelles) Limited, the start to  2014 is proving to be a time to remember, with record sales in the month of January (2014) of over US $12m (over R120-million) coupled with the honour of achieving three prestigious International Property Awards at a ceremony in Dubai.

“Both the sales volumes and awards confirm that Eden Island offers an exceptional product,” says Peter Smith, marketing director for Eden Island Development Company (Seychelles). “Even with the weaker rand, we are offering really positive returns on investment.”

The estate consists of a total of 580 units, and with 460 sold to date, the remaining 120 units still available are expected to move rapidly, considering the current levels of demand.

 One of the most positive aspects has been the fact that existing owners continue to upgrade or buy second, third or more properties in the development.

“This is a very positive endorsement from those who have already invested,” Smith said. “In fact some 25 percent of the homes on Eden Island are owned by those who have upgraded or bought second or more properties.

“These new sales are also increasing the number of homes being placed in our rental pool, which is good news at a time when the international holiday market is turning more to luxury self-catering villa or apartment rentals rather than traditional hotel bookings,” Smith says.

The Eden Island development was born out of 56 hectares of reclaimed land, with the far less glamorous name of Zone 10. Renamed as Eden Island in 2005, the land, which is connected to the main island of Mahe by a bridge, was sculptured into a series of idyllic inlets and private beaches and waterways. The properties themselves conform to the Creole architectural style of the area, with large verandas, high-pitched red roofs and simple lines.

“It is truly unique,” says Smith. “The central location means that residents have easy access to the Victoria CBD and variety of facilities available in Seychelles as well as everything they need on the estate itself.”

No wonder then that Eden Island was so highly commended recently at the International Property Awards, Arabia and Africa 2013/4 held in Dubai. At the ceremony the development was named as the Best Development: Multiple Units in Seychelles and also Best Development:  Multiple Units for Africa as a whole. Eden Island also received a Highly Commended accolade in the Development Marketing category.

At the ceremony, Eden Island was congratulated for its careful attention to detail, built on many years of research into geotechnical, marine, architecture and into its target markets.

The high standard of landscaping was also praised, with the organisers commenting that all the plants flourishing on the island today were grown in its very own nursery.

Eden Island is truly a remarkable success story.

Eden Island Development Company’s South African sales representative, Brian Gradner can be contacted at +27 (0)21 762 2617.
More information is available on the website at www.pamgolding.co.za/edenisland.


AREden Island
Monterey, 12-14 Klaassens Road, Bishopscourt, Cape Town, 7708, South Africa