A sale of 76 land plots is announced in a residential development on an island near the capital Male.The idea is to make a vacation guest house/hotel.
A sale of 76 land plots is announced in a residential development on an island near the capital Male.Main idea is to make a guest house/hotel or a beach house for vacation attractions.
Land plots is 1000-1800q feet.
Maldives are a fast growing country and the best business out put for the future is this residential development.
Maldives is a growing country with high capital ratio.
A land near the capital is impossible to find these days and i think this is the best opportunity for a foreign investor who wants to part with me to build up a good travel and tourism business.
* to win a bid on these plots i would required min bid security deposit of MVR 500,000 equal to USD32425.42.
*bid starting rate is MVR 3000/- equal to USD200 per square feet. meaning bidding for a 1000q feet plot will start at MVR3000,000(USD 19455.3)
* each person can purchase 2 lands plots from beach fronts and beach sides
*next investing will be for the building, for a good hotel to build in Maldives it will cost USD 2000,000. but yet this can be changed on how much we want to make out from this place.
My opportunity for the investor would
*if its a loan with not more then 20% interest i can pay back in 15years
*My best option is to partner with me as a hands-on investor or as a silent investor. my work will be delegated for this at all time
*i prefer 55% share to investor and 45% share to my self. unless you have a better plan.
Investment schedule will be
first the bidding
and investing on business plan.