Maanenfushi, Raa Atoll
USD$13,000,000
Build capacity:
Beach villas: 60Overwater villas: 60
Size: 150,000 sqm
Distance to Male: 183km (45 minutes by seaplane)
Closest airport - Ifuru
Island Details
Abundant land for development: With 4 hectares of available land, you can build between 50 to 60 luxurious beach villas.Lagoon for water bungalows: The lagoon has the capacity to accommodate up to 60 exquisite water bungalows.Convenient and cost-effective guest transportation: Boats can operate around the clockWorld-class healthcare facilities and ports are accessible within a 45-minute reach.Flexibility in transfers: The resort has the option to manage its own boat transfers or offer exclusive seaplane experiences to elevate the guest stay.Competitive room rates: Resorts within Raa Atoll have an average room rate ranging from USD 350.00 to over USD 2,500.00 per night.The strategic location of this island in Raa Atoll can result in up to 30% savings on logistics compared to other resort investments.
Access to Maanenfushi
Distance from Male’ International Airport – 183 Km (approx 45 minutes by seaplane)Closest airport – Ifuru Airport (7.7Km)
Benefits of Raa Atoll
Logistics Cost Advantage Located in Raa Atoll, this island provides a unique opportunity for up to 30% in logistical cost savings.Profitable Room Rates**: The Raa Atoll locale boasts an average nightly room rate between $350 and $2,500, signaling strong revenue potential.Efficient Guest Transportation**: The location affords cost-effective transportation options, with the capability to operate boats 24/7.Accessible Amenities**: Essential facilities such as healthcare and ports are reachable within a 45-minute radius, contributing to operational ease and guest comfort.This island represents a strategically advantageous investment opportunity in the resort market of Raa Atoll.
Lease Terms
Lessor
Government of Maldives
Lease expiration
50 years from commencement (Expires Feb 2068)
Rent payable
USD250,000USD per quarter