Project Island resort project for with beach and water villas
Very interesting investment, amount is not too big for 49% equity partner. Amount can be increased or decreased ! More details on request.
The island is located in the Baa Atoll will be leased from Ministry of Tourism, Republic of Maldives, over 50 Years for the development of 60-Room 4* Resort. There will be 35 beach villas & 25 lagoon (water) villas. Including a restaurant and spa facilities. The island is 3.2 hectares land & 133.8 hectares reef, later will consider land reclamation for resort expansion.
Construction will start this year and will take approx. 12 months. One of the leading Construction /projects companies has already been contracted.
- Lease Conditions: Lease Term-50 year and can be extendable additional 49-year, total 99 -year
- Resort Capacity: Beach Villas 35–room and Lagoon Villas 25-room
- Project Time Schedule: Approximately one year (June/2017~June/2018)
- Building Coverage Ratio: 30% (adjustable according to architecture design)
- Resort Grade: 4 Star
- Focus on Design Concept: Traditional, Modern and High- Class
- Reception including admin, Office, Gym & Club House
- Arrival Pavilion
- Arrival jetty & Seaplane Jetty
- Dive center
- Spa Common Area & Yoga Pavilion
- Sunset Bar
- Water Sports
- CM Bungalow
* full business plan available, but will need a NDA.