Investing in the Sensational Seychelles

The idyllic Seychelles Islands set in the midst of the turquoise waters of the Indian Ocean conjure up delightful images of a tropical island paradise that aspirations and desires are made of. However with a short flight time from Europe and Africa; and an array of accommodation available, from rustic and luxury self catering units to 5 star hotels, it is fast becoming a popular beach holiday destination for many people around the world. On arrival at the international airport on the main island of Mahé, it’s not difficult to see why: from the moment you arrive, you are swept away into a dreamlike setting of pure rapture. Making the return journey home from this surreal setting is rather difficult.

It’s purely for this reason that many investors have taken notice of one of the country’s top property developments, Eden Island, a luxury marina development that graces the east coast shoreline with an enticing array of upmarket residences and amenities. A unique island, being that it is reclaimed, Eden Island offers investors from around the world the opportunity of owning a piece of paradise, whether it be for a permanent stay, an island holiday getaway or a simple investment choice.

An exclusive private island lifestyle that appeals to the sophisticated buyer looking for excellent investment value, Eden Island has three product offerings available. Spacious Apartments which offer exquisite panoramas of the main island Mahé and surrounding islands, deluxe Maisons that take the form of private duplexes situated on water-front plots, and top of the range Villas which are the epitome of opulence and sophistication – all oceanfront, spilling over into the inviting ocean just a few steps away. With prices starting at $465 000 for an apartment, $975 000 for a Maison and $2,6m for a villa – the enticing lifestyle offered by Eden Island is a desirable aspiration.

Construction of this magnificent 633 unit development is currently over 50% complete, with 384 units being sold to date and over 300 units complete. Three of the islands four beaches are currently enjoyed by the islands inhabitants, while the fully equipped clubhouse, fitness centre and deli, are a popular choice for others.  The recently completed championship tennis court and two resident swimming pools are widely utilised, however for the ocean adventurers, there is fantastic snorkelling, fishing and sailing nearby. This becomes a convenient hobby as all units come standard with a mooring for your own boat which gives you the opportunity to explore the many neighbouring islands.

For the investment savvy individuals, Eden Island offers great returns on investment from the Eden Island Rental Pool. Homeowners have the option of placing their units in the fully managed rental pool on a short and long term basis. Eden Island is fast becoming a popular tourist destination in Seychelles, making this a sound asset.

Eden Island affords many opportunities, with purchasers being entitled to apply for residency of the Seychelles subject to an application process and payment of a fee of (currently) SCR 150 000 per family (Family is defined as owner plus issues (spouse and minor children).This residency is renewable every 5 years. Residency is available to up to 6 shareholders and their issues in the case of ownership in a company or legal structure. Purchasers of units from the developer Eden Island require sanction but in the case of Eden Island first purchases no sanction fees or stamp duties are payable. The only fees payable are the notary fees.

Whether you need to remove yourself from the rat race from time to time, are looking for a retirement destination, a holiday home or a safe investment, Eden Island affords many opportunities and a wide range of products, a life on Eden Island and Seychelles not only becomes an ideal but also a reality. As this luxurious island begins to take shape, it’s extremely difficult not to succumb to dream-like thoughts of sunset cocktails on the white, sandy beaches of Eden Island – an awe inspiring setting in the Seychelles. For more information contact our Seychelles Sales office on +248 434 6000 or for details of the various sales agents around the world, please visit www.edenisland.sc