Coastal Property Boom Despite Climate Change – Experts Weigh In

Coastal areas in Mauritius remain popular despite the effects of climate change, including coastal erosion, rising sea levels, and flooding. Investments in land along the coastline are still sought after, despite the need for property renovations to combat the impact of climate change on built infrastructure.

The value of real estate in coastal areas is expected to remain constant, particularly in the Western and Northern regions, where various property development schemes have emerged.

However, the rise in sea level and coastal erosion pose continuous threats to developers, and the intensity of these threats will influence investor interest.

To counter the impact of climate change, the Mauritian government is undertaking rehabilitation projects in coastal zones.

While the demand for coastal properties remains strong, buyers are becoming more selective and cautious about environmental norms and safety measures.

Source: l’Express