Category: Private Islands
Location: Noonu Atoll, MaldivesClick Here for detailed information on Maldives)
Price: USD 15,000,000
The island is 7.3 hectares and approved BUA - 30% of total land area permission to build 120 to 150 villas/rooms (beachfront and over water in the lagoon).
Huvandamattaru is available for lease. 50 years and additional 49 years extendable, total 99 years(+ 3 years rent free for development).
The lease rent is USD 600,000/- per annum (Government. Sale price of USD 15,000,000/- (Includes USD 7,000,000/- advance rent paid to government of Maldives to be deducted over 12 years). The sales price is negotiable
The island is situated in Noonu Atoll 40 minutes by sea plane from Male.
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Downloadable Document Attachment:
- Huvandamattaru Island
Pavilions of Splendour International, Inc.Suite 9, Ansuya Estate, Revolution Avenue, Victoria, Seychelles
Telephone: 0034 603 424 175 Email: Click Here
Skype Username: pavilionsofsplendour
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