About the Maldives

About the Maldives

The Maldives has seen a significant increase in tourism numbers over the past few years. In 2023, the country welcomed over 1.7 million visitors, a remarkable growth compared to previous years. This surge in tourism is attributed to the Maldives' world-renowned luxury resorts, pristine beaches, and crystal-clear waters.

Emirates Flight Increase: Emirates Airlines has also expanded its services to the Maldives. In 2024, Emirates announced an increase in flights from major global hubs to Malé, the capital of the Maldives. The airline now operates 21 weekly flights, ensuring seamless and frequent connectivity for international travellers.

  • Average Stay Duration: 8 days.
  • Resort occupancy rates: approximately 70%.
  • Average Daily Spend: USD 700.
  • International Market Share: Europe 50% & Asia 40%.
  • Revenue from Tourism: USD 3.5 billion per year
  • Expansion Plans: 15% annual increase in flight frequency over the next five years

 

About Island One

About Island One

Located in the Gaafu Atoll

  • 6.23 Hectares or 62,300 sqm of land.
  • The beach perimeter measures 1.1 Kilometers.
  • Has a lagoon
  • 100% foreign ownership.
  • 55 Minutes from International Airport followed by swift 20 minutes Speedboat ride.
  • Once Kooddoo Viligili becomes an International Airport (in Q4 2026), travel time will be a 20-minute speed boat ride or a 10-minute seaplane ride.
  • No Local sponsorships are required.
  • Planning permission pre-approved to build 100 to 120 free-standing beach villas and 20 to 30 overwater villas.
  • Existing regulations permit 3-storey land villas and development of up to 50% of the land area.
  • 50-year lease extendable up to 99 years (for an additional cost).
  • Unrestricted profit repatriation.
  • Rent-free grace period during construction up to 4 years. After which $520,000 annual rent is paid to the government.

 

The asking price is USD $7,500,000

About Island Two

About Island Two

Located in the Baa Atoll

  • 4.1 Hectares or 41,000 sqm of land.
  • The beach perimeter measures 725 meters.
  • Planning permission preapproved to build 60 to 75 free-standing beach villas.
  • Existing regulations permit 3-storey land villas and development of up to 50% of the land area.
  • On 50 years lease extendable up to 99 years (For an additional cost).
  • 100% foreign ownership.
  • Two convenient travel options. Direct 30-40 Minute Seaplane / Local domestic Flight 25 Minutes+ Speedboat 20 Minutes.
  • No Local sponsorships are required.
  • Unrestricted profit repatriation.
  • Rent-free grace period during construction up to 4 years. After Which $328,000 annual rent is paid to the government.

The asking price is USD 10,000,000

Revenue

IF DEVELOPING INTO A HOTEL

Annual Room Revenue:

A 5-star resort with 150 villas in the Maldives could generate approximately $57,487,500 in total annual revenue.

Total Annual Revenue:

$57,487,500+$3,066,000=$60,553,500

Number of villas: 150

Average nightly rate: $1,500

Occupancy rate: 70%

Number of nights in a year: 365

150 villas × $1,500 × 0.7 × 365 = $57,487,500

Additional Revenue: $10,220,000 × 0.3 = $3,066,000

Opportunities

Opportunities

Naming Rights: Opportunity to rename the island to reflect your brand or vision.

New International Airport: A short distance from the island, enhances accessibility and convenience for international travellers. Once Kooddoo Viligili becomes an International Airport (in Q4 2026), travel time will be a 20-minute speed boat ride or a 10-minute seaplane ride.,

Proximity: The closest island is located 5 km away.

Further information

The asking prices are in USD.

All currency accepted including USDT.

Once proof of funds and LOI have been confirmed, the buyer and their agent are welcome to travel to the island if required.