Addu City Council.

Through a public bid process.

• Head lease agreement signed.

• Concept design done.

• Detailed drawing done.

• All concrete and brick works are done, remaining are finishing and furnishing.

December 2024.

• $5,000: booking fees
• 25%: upon signing agreement
• 75%: upon handover

• Via monthly progress reports detailing work progress.
• All progress reports, photographs, permits, and videos will be made available via
  an online shareholder portal.$5,000: booking fees

$500 per month during the initial 10 years, with a 10% increase every 5 years thereafter.

• Common area cleaning
• Common area landscaping
• Common area utilities such as water, electricity, and communication
• 24/7 security
• 24/7 standby electrical and plumbing services
• Accounting and finance (including bill settlements, payrolls, maintenance fee
  management, and regular reporting to owners)

You will get a 99-year lease which will be duly registered with the relevant government agencies.

Yes. We will be happy to manage your villa. Our fees will be 10% of the profit.

Based on the demand for guesthouse tourism in the Maldives, we expect you to cover your investment in around 7 years.

• Deduct all expenses (including maintenance fees, utilities).
• Pay applicable taxes.
• Deduct 10% of the profit as management fees payable to the manager.

Yes, since it is your property, you are free to enjoy it as you wish.

Yes. Each apartment will have its own utility meters for electricity and water.

99-year lease.

Yes. You can mortgage the apartment or its revenue or benefits.

• $6 Green tax per night (can be adjusted from your profit).
• 16% Tourism Goods and Services (can be adjusted from your profit).
• 15% Business Profit Tax (applicable in excess of the minimum tax payable limit of
  $46,692 per annum, after deducting all operational expenses).

Transfers will be made to your designated bank account.

You will have real-time access to all common areas via the security camera system in
the compound. You will also be able to view outside your villa via the main entrance door smart lock.

Yes, you can sell, transfer, or assign all your rights, interests, and liabilities in the apartment to a third party at any time. We can also help you find a buyer. Our fees will be a 3% sales commission which will cover legal fees.

1.2 kilometers.

• Via Gan Internation Airport.
• Via domestic air from the country’s main International airport – Velana International Airport (around 1hr 10 minutes flying time with daily connections).

Premier Property Pvt Ltd (detailed profile available here: [View]).

• Concrete (British Standard).
• Solid brick walls.
• All fittings and fixtures – ISO standard.

Fully furnished with all fittings and fixtures, including doors, windows, curtains, linens, fittings, and fixtures.

No. Similar to lots of countries, buying property in the Maldives or investing in the country does not confer residence of citizenship. But the country offers a free online visa system which can be extended. The new government is expected to introduce flexible visa and other benefit schemes for such property owners in the coming months.

The island, like the country itself, is one of the safest in the world.

• International Airport
• International Harbour
• 4th largest hospital in the country
• Supplied water and sewerage system
• 24/7 electricity
• Broadband internet connection
• Satellite cable TV connections
• Public facilities including football stadiums, volley ball stadiums, bikini beaches, water sports, sports fishing

• Reception/Lobby
• Restaurant/cafe/in apartment dining
• Indoor game center
• Spa
• Gym
• Yoga
• Diving/Fishing/Water sports

Currently there are several guesthouses, hotels, and resorts of various sizes in the Atoll. There are several guesthouses, hotels, and service residences currently underway.

• Country’s topmost diving spots.
• The country’s largest tiger shark habitat.
• One of the best coral gardens in the country.
• Nature parks.
• The country’s southernmost point.
• It is the country’s single biggest land mass.
• Former Royal Airforce (UK) base