Offer | sale |
---|---|
Location | South Male' Atoll |
Development | Virgin Lagoon for Resort Development |
Tile | Lagoon for Sale - South Male' Atoll |
Type | Lagoon |
Size | 39 Hectares |
Price | USD 9.5 M |
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.