Lagoon for Sale - South Male' Atoll

Offersale
LocationSouth Male' Atoll
DevelopmentVirgin Lagoon for Resort Development
TileLagoon for Sale - South Male' Atoll
TypeLagoon
Size39 Hectares
PriceUSD 9.5 M

Property Description

The lagoon is strategically located in south Male’ atoll approximately 27 km (25 min journey by speed boat) south west to the Male’International Airport.

The size of the lagoon is over 39 hectares which can be reclaimed to a size of approximately 8 -9 hector island.

Male’ atoll is where the real estate value is highest in the Maldives. This is mainly due to the fact that it’s close proximity to internationalairport and Guest can commute by speed boat.

According to the government’s economic plans no future lagoons or islands will be leased in the near future and this will further increase the value of all existing lagoons and islands.

 

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