Property Investor information: Glorioso Islands
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Property Investor information for: Glorioso Islands
The Glorieuses were named and settled in 1880 by a Frenchman, Hippolyte Caltaux, who established a coconut and maize plantation on Grande Glorieuse. The archipelago became a French possession in 1892. From 1914 to 1958 concessions to exploit the islands were given to Seychelles companies.
The islands are today nature reserves with a meteorological station garrisoned by French troops. They are claimed by Madagascar and the Comoros Republic.
Glorioso Islands is currently not recommended by The Property Investor Magazine for foriegn Property Investment due to this countries political and or economic situation.