- Not an Option
USD 54 million excluding any tax.
Maldives, beach resort in one of the most attractive locations available for sale.
Type of Selling: Head Leasehold Rights and Privileges. Unique property! Basically, the selling price includes lease acquisition cost and location premium as well.
Type: Resort, Beach Villas and Water Villas
Island size: over 8.50 hectares
Facilities: Restaurants, Bar, Spa, Water Sports, Dive Center, Kids Club, Boutique, etc.
Project completed: 60% (approximately)
The buyer should invest to complete remaining construction/development based on original plan: USD 15 to 20 million (exact amount can be determined after site inspection and survey)
To complete remaining construction/development based on original plan: 8 – 12 months (exact duration can be determined after site inspection & survey).
Tourism Tax for operating resort:
Land rent per year: USD 8 per SQM
Corporate Social Responsibly (CSR) per year: TBA
Green Tax: USD 6 per night
TGST (VAT): 12%
Corporate Income Tax 15%
Brokerage sales commission 3% of final selling price
- ID: 16888
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