Artist’s impression of the new Cascavelle Shopping Mall to be built near Tamarina Golf Estate & Beach Club in Mauritius.

Buyers at Akasha, the second phase of the successful Mauritian IRS (Integrated Resort Scheme) development, Tamarina Golf Estate and Beach Club, will have the added benefit of a major new shopping mall which is being developed on a 4.3 ha site just five kilometres away, as well as a boutique hotel right on their doorstep.

Fabrice Orengo de Lamazière, a director of the International & Projects Division of Pam Golding Properties (PGP), marketers of the luxury villas at Akasha, says the Cascavelle Shopping Mall will be an elegant, landmark lifestyle centre in a prominent position at the bustling Flic en Flac junction, providing a mix of retailers, including anchor tenant Pick ‘n Pay.

“This means residents at Akasha will have convenient quick access to a wide range of facilities including a food court and high quality entertainment as the centre is expected to become the single stop for all the needs of shoppers in the western part of the island,” he says.

Cascavelle is the first shopping mall for the west coast of Mauritius, and is being developed by Medine Property in a joint venture with high profile international partners Retail Africa and GIMCO. Next to the mall, Medine Property has started building the first phase of the Cascavelle Business Park, which consists of 4 000 m2 of office buildings.

Although PGP has experienced a strong demand for villas at Akasha, units are still available along the river or on a plateau overlooking the river, sea and golf course, with scenic mountain views. Prices start from US$1.5 million.

De Lamazière says buyers at Akasha are assured of the potential for sound capital growth on their original investment.

“The average price of re-sales in the first phase at Tamarina Golf Estate and Beach Club is US$2 million, which is almost double the value of the initial purchases when the development was released. Over the past year 12 such luxury villas at Tamarina have been re-sold to a mix of South African, French and UK buyers.”

In addition to the shopping centre, residents at Akasha will have access to a brand new four star, 50-bedroom boutique hotel on the land adjacent to the Tamarina Beach Club and 18-hole championship golf course, which will further enhance the appeal of the lifestyle and facilities available. Scheduled to open at the end of 2010, the hotel will include a restaurant and an infinity swimming pool with a snack bar overlooking Tamarin Bay, as well as a spa with a steam room, massage rooms and a private swimming pool.

Call Fabrice Orengo de Lamazière on 082 492 9756 or email fabrice.delamaziere@pamgolding.co.za.