For Sale: Tropical Island in the Maldives with Hotel Planning Permission

Image

Courtesy of Debutesq

An island in the Maldives has come onto the market, complete with planning permission for a luxury resort.

Orivaru is the next tropical holiday destination of note - a 14 hectare island which is ringed by the dazzling white sands for which the Maldives are renowned. One of the most popular destinations in the world for relaxing, romancing and scuba diving amid the stunning coral reefs, the Maldives is already a popular holiday destination for many.

And this island is the ideal location for a luxury hotel and spa - planning permission for which has already been granted.

With its stunning palm-rich Maldivian landscape the island is naturally tailor-made for the five-star hotel and spa which the Ministry of Tourism has already paved the way for. Planning permits already issued by the ministry allow for the development of a luxury island resort with:

• 100 five star private rooms
• Water villas around Orivaru‘s coastline
• Restaurants
• Guest lounges
• Swimming pools
• Wellness spa.

The island also boasts a natural port. Ideal for berthing boats and seaplanes without disrupting the natural beauty of the island, it is also perfect for the 100 mile transfer north from Ibrahim Nasir International Airport in Malé.

In the same group of islands as Minaavaru, home to the Hilton resort and spa, Orivaru is being marketed by the Debutesq Group.

Alan O'Connor, the director of Debutesq said:

“being just 45 minutes by seaplane from Male International Airport, this could no doubt become another very successful tourist destination."

Going on the explain how a Russian investor recently bought an island in the Maldives for $65m, Mr O'Connor advised that the market for island purchases is strong.

Available at a price in the region of $14 million, the purchase comprises a long leasehold from the Maldivian government.

Share this page:

In this section

deVere Group Backs IFS Concerns

One of the world’s largest independent financial advisory groups is supporting a leading economic think tank’s warnings about the UK’s reliance on tax revenue from a small number of better off individuals.

READ MORE →

Over Half Believe Wealthy Starts at £10m

A recent survey by Oracle Capital Group, the independent international multi-family office, has shown that more than 55% of people believe that to be deemed wealthy today you need to be worth more than £10 million.

READ MORE →

Mega Advisor Teams Control 42% of the Advisory Marketshare

New research from global analytics firm Cerulli Associates, predicts that target-date strategies will capture 63.4% of 401(k) contributions in 2018.

READ MORE →

Vincent Mercer joins Oracle Capital Group Advisory Board

Oracle Capital Group, the global independent multi-family office and wealth consultancy, have announced the appointment of Vincent Mercer to its Advisory Board.

READ MORE →

Jerry Seinfeld Hollywood's Richest Actor

Comedian Jerry Seinfeld has emerged as the wealthiest actor on the Hollywood and Bollywood Rich List compiled by ultra high net worth intelligence and prospecting firm Wealth-X.

READ MORE →

Millionaires' Top Five Past Investing Mistakes

The top five most common mistakes made by millionaires are revealed in a new survey.

READ MORE →