Property
| Ownership: | Land |
|---|---|
| Type: | Land |
| Lot Size: | 670591 sq ft |
FinancialsPrice:$6,000,000
DescriptionA private island for headlease sale of 62,300 sqm / 670,591 sqft
Located in a prime position next to several 5***** resorts such as Raffles and Park Hayatt.
These resorts boast superb amenities and provide some of the finest diving and snorkeling experiences in the country. Some of these resorts are award winning luxury establishments, recognized multiple times for their excellence.
About Gaafu Alifu Atoll
Recently, Gaafu Alifu Atoll has emerged as a prominent tourist destination in the Maldives, celebrated for its splendid diving sites and unspoiled natural beauty. Every resort in Gaafu Atoll prides itself on offering superb house reef snorkeling, along with pristine white sand beaches and clear turquoise lagoons that are ideal for swimming and various water sports.
Tourism Lease 50 years, can be extended
The Head-Lease was signed with the Ministry of Tourism on 16 November 2023 by the owner.
The construction period is 4 years, with no rents due during this construction period.
Location
Located 55 minutes from Velana International Airport (VIA) by domestic flight to Kooddoo Airport, followed by a swift 20-minute speedboat ride to the island. Located approximately 366 kilometres from VIA.
Development Potential
The island's beach lengh measures 1.1 kilometres.
Existing regulations permit 3-storey land villas and the development of up to 50% of the land area.
This private island offers spacious grounds suitable for the development of a contemporary 5-star resort.
Depending on the master plan, the developer has the potential to construct approximately 100 to 120 free-standing beach villas. Each beach villa can occupy a footprint ranging from 150 to 200 sqm.
In addition, there is opportunity to build 20 to 30 overwater villas, each varying in size from 80 to 100 sqm. Each of these villas can include a private pool, alongside all modern amenities typical of 5- star resorts.
Investment Incentives
100% foreign ownership allowed
Legal investment guarantees
Use of foreign staff at all levels
No foreign exchange limits
Unrestricted profit repatriation
Option for overseas dispute arbitration
Arbitration Act Law No. 10 Enacted in 2013
99-Year land lease option available
50% of Resort Island land area can be build on
3-5 Year Rent-Free grace period for Greenfield Projects
---
Full documentation is available.
Safe transaction via Escrow account in Dubai.
A private island for headlease sale of 62,300 sqm / 670,591 sqft
Located in a prime position next to several 5***** resorts such as Raffles and Park Hayatt.
These resorts boast superb amenities and provide some of the finest diving and snorkeling experiences in the country. Some of these resorts are award winning luxury establishments, recognized multiple times for their excellence.
About Gaafu Alifu Atoll
Recently, Gaafu Alifu Atoll has emerged as a prominent tourist destination in the Maldives, celebrated for its splendid diving sites and unspoiled natural beauty. Every resort in Gaafu Atoll prides itself on offering superb house reef snorkeling, along with pristine white sand beaches and clear turquoise lagoons that are ideal for swimming and various water sports.
Tourism Lease 50 years, can be extended
The Head-Lease was signed with the Ministry of Tourism on 16 November 2023 by the owner.
The construction period is 4 years, with no rents due during this construction period.
Location
Located 55 minutes from Velana International Airport (VIA) by domestic flight to Kooddoo Airport, followed by a swift 20-minute speedboat ride to the island. Located approximately 366 kilometres from VIA.
Development Potential
The island's beach lengh measures 1.1 kilometres.
Existing regulations permit 3-storey land villas and the development of up to 50% of the land area.
This private island offers spacious grounds suitable for the development of a contemporary 5-star resort.
Depending on the master plan, the developer has the potential to construct approximately 100 to 120 free-standing beach villas. Each beach villa can occupy a footprint ranging from 150 to 200 sqm.
In addition, there is opportunity to build 20 to 30 overwater villas, each varying in size from 80 to 100 sqm. Each of these villas can include a private pool, alongside all modern amenities typical of 5- star resorts.
Investment Incentives
100% foreign ownership allowed
Legal investment guarantees
Use of foreign staff at all levels
No foreign exchange limits
Unrestricted profit repatriation
Option for overseas dispute arbitration
Arbitration Act Law No. 10 Enacted in 2013
99-Year land lease option available
50% of Resort Island land area can be build on
3-5 Year Rent-Free grace period for Greenfield Projects
---
Full documentation is available.
Safe transaction via Escrow account in Dubai.
Private Island 670,591 sqft - Prime location - Gaafu Alifu Atoll
DescriptionA private island for headlease sale of 62,300 sqm / 670,591 sqft
Located in a prime position next to several 5***** resorts such as Raffles and Park Hayatt.
These resorts boast superb amenities and provide some of the finest diving and snorkeling experiences in the country. Some of these resorts are award winning luxury establishments, recognized multiple times for their excellence.
About Gaafu Alifu Atoll
Recently, Gaafu Alifu Atoll has emerged as a prominent tourist destination in the Maldives, celebrated for its splendid diving sites and unspoiled natural beauty. Every resort in Gaafu Atoll prides itself on offering superb house reef snorkeling, along with pristine white sand beaches and clear turquoise lagoons that are ideal for swimming and various water sports.
Tourism Lease 50 years, can be extended
The Head-Lease was signed with the Ministry of Tourism on 16 November 2023 by the owner.
The construction period is 4 years, with no rents due during this construction period.
Location
Located 55 minutes from Velana International Airport (VIA) by domestic flight to Kooddoo Airport, followed by a swift 20-minute speedboat ride to the island. Located approximately 366 kilometres from VIA.
Development Potential
The island's beach lengh measures 1.1 kilometres.
Existing regulations permit 3-storey land villas and the development of up to 50% of the land area.
This private island offers spacious grounds suitable for the development of a contemporary 5-star resort.
Depending on the master plan, the developer has the potential to construct approximately 100 to 120 free-standing beach villas. Each beach villa can occupy a footprint ranging from 150 to 200 sqm.
In addition, there is opportunity to build 20 to 30 overwater villas, each varying in size from 80 to 100 sqm. Each of these villas can include a private pool, alongside all modern amenities typical of 5- star resorts.
Investment Incentives
100% foreign ownership allowed
Legal investment guarantees
Use of foreign staff at all levels
No foreign exchange limits
Unrestricted profit repatriation
Option for overseas dispute arbitration
Arbitration Act Law No. 10 Enacted in 2013
99-Year land lease option available
50% of Resort Island land area can be build on
3-5 Year Rent-Free grace period for Greenfield Projects
---
Full documentation is available.
Safe transaction via Escrow account in Dubai.
A private island for headlease sale of 62,300 sqm / 670,591 sqft
Located in a prime position next to several 5***** resorts such as Raffles and Park Hayatt.
These resorts boast superb amenities and provide some of the finest diving and snorkeling experiences in the country. Some of these resorts are award winning luxury establishments, recognized multiple times for their excellence.
About Gaafu Alifu Atoll
Recently, Gaafu Alifu Atoll has emerged as a prominent tourist destination in the Maldives, celebrated for its splendid diving sites and unspoiled natural beauty. Every resort in Gaafu Atoll prides itself on offering superb house reef snorkeling, along with pristine white sand beaches and clear turquoise lagoons that are ideal for swimming and various water sports.
Tourism Lease 50 years, can be extended
The Head-Lease was signed with the Ministry of Tourism on 16 November 2023 by the owner.
The construction period is 4 years, with no rents due during this construction period.
Location
Located 55 minutes from Velana International Airport (VIA) by domestic flight to Kooddoo Airport, followed by a swift 20-minute speedboat ride to the island. Located approximately 366 kilometres from VIA.
Development Potential
The island's beach lengh measures 1.1 kilometres.
Existing regulations permit 3-storey land villas and the development of up to 50% of the land area.
This private island offers spacious grounds suitable for the development of a contemporary 5-star resort.
Depending on the master plan, the developer has the potential to construct approximately 100 to 120 free-standing beach villas. Each beach villa can occupy a footprint ranging from 150 to 200 sqm.
In addition, there is opportunity to build 20 to 30 overwater villas, each varying in size from 80 to 100 sqm. Each of these villas can include a private pool, alongside all modern amenities typical of 5- star resorts.
Investment Incentives
100% foreign ownership allowed
Legal investment guarantees
Use of foreign staff at all levels
No foreign exchange limits
Unrestricted profit repatriation
Option for overseas dispute arbitration
Arbitration Act Law No. 10 Enacted in 2013
99-Year land lease option available
50% of Resort Island land area can be build on
3-5 Year Rent-Free grace period for Greenfield Projects
---
Full documentation is available.
Safe transaction via Escrow account in Dubai.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
