Other buy in Magoodhoo Nilandhe Atholhu Uthuruburi

Luxury island resort for sale – It consists of 6 luxurious private villas offering the epitome of comfort and relaxation. The villas were rented out at lucrative rates and gave higher yields. All infrastructure to operate the resort hotel is in place and the subleasing party could initiate operation without any further investment if they so wish. This for sale asset is 60km from the international airport which is a 20-minute scenic flight by seaplane or a fun 60 minutes ride by speed boat. Being in such close proximity to the airport is another winning aspect of the island, as weary travelers will not have long to go after their tiring journeys. Guests will surely be gratified to know that paradise awaits not too far away from their arrival at the international airport. This island in the Maldives is for sale, which consists of six villas and has been closed for eight years and needs renovating. Selling conditions are : · Buy head Govt lease balance 44 years u.s.$ 9 mil · Annual rent lease u.s.$ 200.000 · Optional increase +49 years lease u.s.$ 5 mil Get in touch for more info! NDA signing is required.