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We welcome you to explore endless opportunities in our exceptional collection of properties for sale in Maldives!
The Maldives, nestled in the heart of the Indian Ocean, has steadily become one of the most sought-after holiday destinations for Europeans, Americans, and Asian tourists. The breathtakingly beautiful coral islands, quaint local villages, and friendly natives never fail to enchant visitors. This perpetual paradise is an ideal pick for your vacation abode. Whether you’re a lover of bustling cities like Male, charming little huts on nearly untouched islands, or luxury water villas in sun-bathed Atolls, real estate in the Maldives is a comprehensive spread of outstanding holiday homes.
If you’re eager to buy a property in Maldives, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in Maldives?
Let’s discover where to shop for the best real estate in Maldives
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North Atoll: Male
One of the favored destinations for property buyers is the Male region, offering a blend of traditional and contemporary Maldivian culture. The capital city of Maldives, Male, is renowned for its beautiful beaches, grand residences, top-tier restaurants, and dynamic nightlife.
The region's gem is Hulhumale with its sun-kissed beaches available 300 days a year. This enticing region offers incredible properties in the Maldives, ranging from lavish beach-facing villn luxurious city apartments and comfortable homes.
South Atoll: Addu City
This region is recognized for its lush green landscapes, beautiful beaches, world-class cuisine, and the vibrant life in Addu City. On a budget but looking for property in the Maldives? The South Atoll is the place to go for value-for-money properties, quaint rural houses, and modern apartments with stunning views.
Central Atoll: Maafushi
In the central region, places like Maafushi attract a diverse foreign community. This cosmopolitan region is known for its rich history, top-rated dining and nightlife scene, and exceptional properties for sale. If you prefer the beach lifestyle, consider more southern areas of Maafushi. Here, you can find unique towns, beachfront houses, and historical properties for sale in the Maldives.
Maldivian Islands
When looking for real estate in the Maldives, don’t limit your search to the mainland. The Maldivian islands are an ideal location for a holiday home. These islands are revered for their healthy climate, year-round sunshine, relaxed lifestyle, and awe-inspiring natural beauty. Properties on the Maldivian islands can be competitive, but there are many economic and high-end options to suit any budget.
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The average price of a property in Maldives: Trends overview
Here is a list of average property prices per square metre in different regions of Maldives, based on data from the Maldives National Bureau of Statistics and the Ministry of Housing and Urban Development. Male: MVR 20,000 - MVR 30,000 per sq m Addu City: MVR 8,000 - MVR 12,000 per sq m Fuvahmulah City: MVR 7,000 - MVR 10,000 per sq m Kulhudhuffushi City: MVR 6,000 - MVR 9,000 per sq m Villingili: MVR 10,000 - MVR 15,000 per sq m Hithadhoo: MVR 8,000 - MVR 12,000 per sq m Thinadhoo: MVR 7,000 - MVR 10,000 per sq m Fonadhoo: MVR 6,000 - MVR 9,000 per sq m Baa Atoll: MVR 5,000 - MVR 8,000 per sq m Dhaalu Atoll: MVR 5,000 - MVR 8,000 per sq m Please note that these are estimates and actual prices can vary. Property values can fluctuate based on several factors such as location within each city or atoll, proximity to amenities, condition of the property, and market conditions.
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in Maldives a good investment?
Purchasing property in the Maldives can be a sound investment for a multitude of reasons. Firstly, the Maldives has a dependable and secure legal system, which guarantees the safeguard of property rights for both natives and foreigners. Secondly, institutional investors in real estate can obtain a steady income from the rental business, thanks to the bustling tourism industry and the steady population growth. Thirdly, the Maldives has one of the lowest costs of living in the South Asian region, making it an economical destination and an exceptional investment opportunity. And finally, government tax incentives for property owners provide appealing offers for foreign investors.
Which places in Maldives have the most properties for sale?
The Atolls of Male and Addu City offer a broad variety of accommodation with the largest quantity in the country. If you fancy a more central, populated location then opt for Malé. The capital market in Maldives real estate is thriving with numerous properties for sale.
Can a foreigner buy property in Maldives?
No, foreigners are not allowed to own property in the Maldives unless they purchase a property within a designated real estate project. Even then, the property is actually on a leasehold basis as outright ownership of land in the Maldives is restricted to Maldivian citizens.
Where are the cheapest areas to buy properties in Maldives?
If you're looking to invest in real estate in the Maldives at an incredibly affordable price, consider exploring areas like Addu City and Gaafu Dhaalu Atoll. They provide properties at a price that is more budget-friendly than popular destinations like Malé or Hulhumalé. Other cost-effective regions include Baa Atoll, Laamu Atoll, and Noonu Atoll.
What is better to buy in Maldives: a house or an apartment?
When contemplating purchasing property in the Maldives, one must evaluate the benefits of a private island versus a water villa. If you're seeking the ultimate luxury property with stunning ocean views, a water villa might be your best choice, as they're frequently situated in prime locations above the lagoon, providing unobstructed views of the Indian Ocean. However, if you appreciate more exclusivity and privacy, owning a private island might be more fitting for you and your loved ones. The Maldives offers a range of real estate options, including exclusive private island resorts and luxurious beachfront villas, which may be more appropriate for larger families or groups than water villas.