- Country: Maldives
- Industry: Tourism, Recreation
- Stage: Start-up
- Investment size: $85,000 / min. $75,000
- ROI: 95% in 1 years
- Type of investment: Equity
Invest in a guest house project in Thinadhoo Island, Vaavu atoll. It is a growing destination for travellers who want an alternative holiday in Maldives.
We need an investor to establish a guest house in Thinadhoo Island, Vaavu Atoll. The location makes it an ideal place for tourists, thanks to the sandy beach and the ocean view. It's an ideal island for a guest house project. 1/3 of the island is inhabited and the rest is free and full of vegetation. Local population is just around 50 people.
First of all we will build the guest house and start operating. Land is already available and we are looking for an investor and partner to start the business. The guest house will be built near the beach front of eastern Side of the island. There will be a nice view of the ocean and this would just make it the perfect place to operate a guest house.
This is an opportunity to build a guest house or houses a in an inhabited island in the Maldives and market them worldwide. There are two guest houses at the moment and it has a huge potential and prospect for growth. The guest house operation is expected to bring high profit earnings every month.
The Maldives are a world famous tourist destination. Until recently, the tourism sector was dependent on resorts only. And inhabited islands were not open for tourism. Since the Maldives are a high-end tourist destination, Maldivian resorts have been very expensive and many tourists could not afford to visit the Maldives despite their desire to do so.
Recently the Government has changed its tourism policy towards expanding the tourism sector to inhabited islands as well. This would be achieved by fostering the establishment of guest houses and other tourist facilities.
As a Maldivian, I am looking for someone who can invest funds and be a business partner. I already have land of 5000 sq. feet which is enough to build a guest house of around 10 rooms which will be single storey resort style rooms. With sufficient funds, the building of the guest house can be completed in the maximum of 1 year.
Looking at the occupancy of existing guest houses, the average occupancy would never go below 85% throughout the year.
The size of the business can be decided according to the available funds. The Maldives tourism is a highly lucrative business marketed all over the world.
The construction of the guest house can be completed in 1 year if enough funds are available. We can market the guest house through internet. We will create a web site where the customers can book the rooms and contact us. There is a huge market for the Maldives because they are a very famous place among tourists all over the world.
The island is very close to the main airport. The maximum drive is 90 minutes by speedboat.
The island is already famous in the market and it's getting reputed in the Italian market very quickly.
The local population is not much which will offer guests maximum privacy.
Use of financing
The finance will be used for construction and operation of guest house.
Opportunity for the investor
The investor can have 70 percent profit. They can consider this as a 'second home' investment.
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