Category: Private Islands
Location: Haa Dhaalu Atoll, MaldivesClick Here for detailed information on Maldives)
Price: USD 2,750,000
A beautiful virgin island ready for the savvy investor to develop into a first class resort for the discerning clientele.
The island is 8.2 hectares based on government surveys done in the past. The investor will need to do a land survey from a government authorised firm to determine the actual island size.
The distance to the island from Ibrahim Nasir International airport is 50 minute to 65 minutes either by domestic flight from Hanimaadhoo airport or speed boat.
The island is for sale on 50 years lease and another 49 years can be added by paying a lump sum of 5 million USD within the first 50 year lease period. There is a construction grace period of 2 years.
Tourism Taxes (after grace (construction) period):
Government Lease Rent: USD 8 Per Sq. Meter per year
Green Tax: USD 6 per night. TGST: 12%. BPT: 15%
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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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