For Sale   >   Maldives Flag  Maldives   >  Kaafu Atoll  >  Hulhumale
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  • MVR7,261,500
  • (USD 470,000)
    •
    CHECK IF AVAILABLE
    CHECK IF AVAILABLE
  • Plot of land
  • For Sale 
  • Hulhumale
  • maldives Flag Maldives
You can`t afford to miss this fantastic opportunity to acquire land+property, situated in a very popular area.
Less than 1 min walk to beach, 1 min walk to Bus stands (N1 or N2), 5 min walk to hospital, close to
schools, close to shops, entertainment, etc. The property is currently developed as a 2 storey building:
Ground floor: Restaurant/Cafe and First floor: Staff Accommodation. Currently the rental income from the
property is MVR 32,000 per month and confirmed income from 2018 without renovation is MVR 35,000. The
property can be developed as a residential apartment building, guest house, commercial building, etc with
a projected income of minimum MVR 250,000 per month after development.

Selling Price: USD 470,000 + Government Taxes and Fees (Negotiable) (preference will be given to buyers
offering to pay in USD and if paying in MVR the exchange rate will be based on the available market rate to
buy USD - current rate is 16.90)

Options: 99 year auto-renewable lease, complete ownership transfer, etc
You can`t afford to miss this fantastic opportunity to acquire land+property, situated in a very popular area.
Less than 1 min walk to beach, 1 min walk to Bus stands (N1 or N2), 5 min walk to hospital, close to
schools, close to shops, entertainment, etc. The property is currently developed as a 2 storey building:
Ground floor: Restaurant...
View more
CHECK IF AVAILABLE
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