We have an island in Male Atoll in a distance of less than 35 km from Male International Airport. The land is approved for a Resort Development.
The island is owned by a 100% Maldivian Company.
The size of the island is about 2 hectares and the size of the lagoon is scattered to 10 times of the island size, therefore you can reclaim for additional space as the lagoon is very shallow (average depth is 1.5 meters).
The government regulations allow a buildup area of 30% of the size of the island. The construction period can be given for 2 years after signing contract. No government lease during the construction period.
Hassle-free from government approvals and paper work.
We are selling the ownership (for 50yrs) for USD 35 million.