Current Real Estate Market Trends in Seychelles

Published on October 2, 2025 and written by Cyril Jarnias

The Seychelles, an idyllic archipelago nestled in the heart of the Indian Ocean, continues to attract the attention of real estate investors worldwide. With its white sand beaches, crystal-clear waters, and exceptional living environment, this small island nation offers much more than just a piece of paradise. In 2025, the Seychelles real estate market is experiencing a unique dynamic, combining investment opportunities and unique challenges. Let’s dive into the current trends shaping this thriving tropical market.

A Booming Market: The Sectors Driving Seychelles’ Growth

The Seychelles real estate market is experiencing sustained growth, driven by several key sectors that attract both local and international investors.

The luxury residential sector remains the market’s driving force, with growing demand for high-end villas and prestige residences. Prime coastal areas like Beau Vallon on Mahé Island or Anse Source d’Argent on La Digue continue to attract wealthy clients seeking exclusivity and tranquility.

Meanwhile, the secondary homes and seasonal rental segment is experiencing a real boom. The COVID-19 pandemic reinforced the Seychelles’ appeal as a remote work and “workation” destination, prompting many investors to acquire properties for short-term rentals.

Another expanding sector is hotel complexes and integrated resorts. Major international hotel groups continue to invest heavily in developing new tourism infrastructure, thereby stimulating the local real estate market.

Finally, the office and commercial space market is also experiencing notable growth, particularly in the capital Victoria and its surroundings. The country’s economic development and the arrival of new international companies are creating sustained demand for modern, well-equipped professional premises.

Price Trends: A Mixed Evolution Across Segments

The evolution of real estate prices in the Seychelles in 2025 presents a nuanced picture, reflecting the different dynamics at play in the market.

In the luxury segment, prices continue to rise, driven by sustained international demand and limited supply. According to Knight Frank data, high-end property prices have seen an average annual increase of 7% since 2020, with peaks reaching 12% in prime areas like Eden Island or Anse Royale.

The mid-range apartment and house market, meanwhile, is experiencing more moderate growth. Prices in this segment have increased by about 4% annually since 2020, reflecting stable local demand and the rising purchasing power of the Seychellois middle class.

In contrast, the affordable housing sector faces significant challenges. Demographic pressure and the lack of buildable land have led to a significant price increase in this segment, with an average annual increase of 9% since 2020. This situation creates accessibility problems for many local households.

It’s interesting to note that buildable land prices have seen the strongest growth, with an average annual increase of 15% since 2020. This rise is explained by the scarcity of available land and government restrictions on new construction to preserve the Seychelles’ unique environment.

Real Estate Gems: Where to Invest in Seychelles in 2025?

For savvy investors, the Seychelles real estate market offers numerous opportunities in 2025. Here are the most promising property types:

1. Luxury Villas with Sea Views

These exceptional properties, located in prime locations like Anse Royale or Beau Vallon, offer significant long-term appreciation potential. Their scarcity and appeal to wealthy international clients make them safe investments.

2. Upscale Apartments in Secure Complexes

Projects like Eden Island or Ile Soleil are attracting more and more investors. These complexes offer high-end services and integrated rental management, ideal for those looking to generate rental income while occasionally enjoying their property.

3. Boutique Hotels and Small Resorts

With the growing trend of experiential and authentic tourism, charming small hotel structures are experiencing real enthusiasm. Investing in a boutique hotel or small resort offers interesting profitability prospects.

4. Buildable Land in Developing Areas

Despite their scarcity, buildable lands, particularly on Praslin or La Digue islands, represent high-potential investment opportunities. It’s crucial to research local regulations thoroughly before any purchase.

5. Coworking Spaces and Flexible Offices

With the rise of remote work and the arrival of digital nomads, investing in modern, flexible workspaces, particularly in Victoria or tourist areas, can prove very profitable.

It’s important to note that any real estate investment in the Seychelles requires prior government approval for non-residents. Additionally, foreign investors are subject to a 5% property transfer tax on the property value.

Challenges and Opportunities in the Seychelles Real Estate Market

The Seychelles real estate market in 2025 presents a unique mix of challenges and opportunities for investors.

• The scarcity of buildable land and strict environmental restrictions limit new construction.
• High construction costs, due to importing most materials, impact project profitability.
• Dependence on tourism makes the market vulnerable to global economic fluctuations.
• Administrative procedures for foreign investors can be complex and time-consuming.

• The political and economic stability of Seychelles makes it a safe investment destination.
• The market’s growth potential remains significant, particularly in the luxury and high-end tourism segments.
• Tax incentives for certain types of real estate investments can be attractive.
• The diversification of the Seychelles economy, particularly toward the blue economy and renewable energy, opens new perspectives for commercial and industrial real estate.

To successfully navigate this market, it’s crucial to surround yourself with experienced local professionals and thoroughly understand the country’s legal and tax specifics.

Future Outlook: Trends That Will Shape the Market

The Seychelles real estate market is constantly evolving, and several emerging trends are likely to shape its future:

1. Sustainable Development and Eco-Responsibility

Faced with climate change challenges, real estate projects incorporating ecological solutions (solar energy, rainwater harvesting, sustainable materials) are gaining popularity and value.

2. Digitalization and Technology

The growing adoption of technologies like virtual reality for remote visits or smart building management systems is transforming the sector.

3. Diversification of Accommodation Offers

The development of innovative concepts like luxury eco-lodges or serviced residences for senior expatriates opens new investment niches.

4. Infrastructure Strengthening

Government investments in infrastructure (transport, telecommunications) should enhance the value of some previously less sought-after areas.

5. Regulatory Evolution

Seychelles authorities might adjust investment rules for foreigners, which could open new opportunities or create new constraints.

These trends highlight the importance for investors to stay informed and adaptable in a constantly changing market.