- Balcony / Terrace
- Swimming Pool
- Not an Option
Public auction during the period from 16 July 2020 to 04 Aug.2020
Starting price: USD 20 million
Resort in operation 20 years
No. of rooms: 140
Category: 4 star, renovation is necessary.
Facilities: Restaurant, Coffee Shop, Bar, Spa, Water Sports, Diving Center etc.
Island Size in hectares: 19 (approximately).
Distance: Direct sea plane from Velana International Airport to the island
Major market: Italy plus Russia, Germany and England
Average Occupancy 75% (used to be)
Average room rate: USD 400 (used to be)
Type of Lease: Head lease with remaining lease period (if the buyer wish to extend the lease period later, which can be done directly with government (for additional payment).
Tourism related tax:
Government lease rent: USD 8 Per Sq. Meter per year (annual land rent will be one million USD dollars; there is a formula/bandwidth to calculate)
Green Tax: USD 6 per night per guest
TGST (VAT): 12%
Business Profit Tax: 15%
- ID: 15717
- Views: 831