Development Agent Mah� Ad:712932

Agents >

Seychelles > Mahe

Map Street View Save

Rs6,919,879

(USD 500,000)

CHECK IF AVAILABLE

Development
Agent
Mahe
Seychelles

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 of
over US $12m ) and the honour of achieving
three prestigious International Property
Awards at a ceremony in Dubai.
`Both the sales volumes and the awards
received confirm that we are offer an
exceptional product,` said Peter Smith,
Marketing Director for Eden Island
Development Company (Seychelles)
Limited. `We are offering really positive
returns on investment.`
The estate consists of 580 units and, with
460 sold to date, the remaining 120 units
still available are expected to move fast
taking into account 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 really positive endorsement from
the very people who have already
invested,` Smith said. `In fact some 25% of
the homes on Eden Island are owned by
homeowners 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 said.
The development began as 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,` Smith said. `The central
location means that residents have easy
access to the Victoria CBD and variety of
facilities available in the Seychelles as well
as having 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.

CHECK IF AVAILABLE

Show Map

Get Alerts