Solution Overview
Certainly. Our comprehensive solution entails identifying and securing the most optimal and available locations throughout the Maldives. For investors, we offer a broad spectrum of real estate projects, ranging from resort development to guesthouse acquisitions. Our services extend beyond site selection; we also facilitate interactions with relevant authorities, arrange meetings with contractors, financial institutions, and more. Whatever your needs, we are committed to providing the requisite support.
Acquiring or Leasing Land in the Maldives
Indeed, it is possible to purchase or lease land in the Maldives. There are local landowners who, for personal reasons, may be open to selling or leasing their properties.
Duration of Rental Agreements
The duration of rental agreements for properties, whether land or housing, can vary. For leases with private individuals, the rental period is subject to mutual agreement between the parties involved. For government-owned properties, such as islands designated for resort projects, leases can extend up to 25 years, with the possibility of renewal for an additional 25 years, subject to negotiation.
Governing Legal Framework
All real estate transactions within the Maldives are governed by Maldivian law. Contracts are registered under Maldivian jurisdiction, and any legal disputes are adjudicated in Maldivian courts. For foreign investments, there are specific regulations in place, which are available upon request.
Refundable and Non-Refundable Payments
All services come with associated costs. Our fees are contingent upon the scope of services required, whether you engage us solely as brokers or as comprehensive agents for your real estate activities in the Maldives. A non-refundable security deposit is required, the amount of which is commensurate with the services to be provided. This deposit is non-refundable to prevent fraud and ensure the commitment of serious clients, thereby optimizing our service efficacy and safeguarding against time wastage.
