Investment at The Bay
Own a turnkey oceanfront apartment in Addu City with strong returns and secure ownership.
Why invest in The Bay?
The Bay by Premier offers a unique opportunity in the Maldives — secure 99-year registered lease apartments priced from USD 150,000. With professional management available, modelled returns show ~USD 25,000 net annual profit and a recovery period of just 6 years.
Modelled financials
Based on conservative occupancy assumptions, investors can expect the following:
- Daily rental rates: $160 (peak), $100 (off-peak), $200 (holiday)
- Occupancy: 75% peak, 55% off-peak, 90% holiday
- Gross annual revenue: ~$49,320
- Annual expenses (maintenance, F&B, green tax, TGST, management): ~$24,136
- Net profit: ~$25,184 per year
| Floor | Net Annual Profit (USD) | Recovery Period (Years) |
|---|---|---|
| 1st Floor | 25,184 | 6.0 |
| 2nd Floor | 25,184 | 6.0 |
| 3rd Floor | 25,184 | 6.1 |
| 4th Floor | 25,184 | 6.1 |
| 5th Floor | 25,184 | 6.2 |
Registered lease
Each apartment comes with a 99-year registered lease, mortgageable and transferable
Optional management
Professional management available at 10% of profit, so you can earn without daily involvement
Resale flexibility
Units can be resold or transferred at any time; our team can also help find buyers
Taxes & fees
Owners are subject to applicable Maldivian taxes:
- Green Tax: $6 per occupied night (deducted from profit)
- TGST: 16% of total revenue
- Business Profit Tax: 15% (above $46,692 annual profit threshold)
Tax rates taken as at December 2024. All modelled figures already account for these charges.
Ready to explore investment at The Bay?
Speak with our sales team for detailed breakdowns, availability and management options.