The French group Club MedΒ is going to manageΒ Ste Anne beachcomber resort owned by New Mauricius Hotel. The resort, which opened in 2001Β is 10 minutes away from the main island of Mahe.Β The resort has 87 private villas, set on a 220-hectare private island, surrounded by one of the Seychellesβ marine parks. The resort has been closed since September and it will reopenΒ its doors with 295 rooms and...
The North Island Lodge in Seychelles is the most expensive luxury hotel in the world with a price of $ 6,995 per night, according to Luxury-Hotels.com's survey report. The survey compared prices charged by luxury hotels around the world, for stays from July to August 2017. Ratings are based on the minimum price a couple would spend for a night in a hotel or resort exception. Visitors are ready to spend so...
The Global Business Forum of Africa saw President of Seychelles Danny Faure sharing details of the programmes that are driving the economy of the nation. In November 2008, Seychelles embarked on a macroeconomic reform programme to address some external debt difficulties and requested the assistance of the International Monetary Fund to help its domestic economy. President Faure said that the nation...
In July next year it will be implemented a tax on property owned by foreigners. A top official of the Ministry of Finance announced this during a consultative meeting on Thursday. Patrick Payet, the principal secretary for finance, said that the ministry took this decision after discussing with the government. The issue is that the real estate market is populated with foreigners. This makes prices...
The Seychellesβ Minister of Finance announced on Tuesday during the presentation of the 2018 budget to the National assembly that the third and final phase of the new income tax will be implemented on July 1, 2018. The proposed budget of SCR 7,951 million ($586 million) had an increase of 0.4 per cent compared to 2017. Forty percent of the budget will be spent on the Education, Health, Family...
Vincent and Georgia Van Heyste, husband and wife developer team of an award-winning luxury beach-front apartments project, have completed phase one of their venture and will welcome the first residents at the end of November. Georgia, who has worked with two famous property development companies β Candy & Candy in London, and Kondylis Design in New York β, is furnishing a few of the apartments...
