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Guest House Assets for Lease in Addu City, Maldives

Guest house with 7 rooms, restaurant and proximity to the beach available for lease.
This transaction has concluded.

Ownership Duration 5-10 year(s)
Industries Guest Houses
Locations  Addu City
Local Time 3:39 AM Indian / Maldives
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 19.4 thousand (Native Currency: MVR 300,000)
Reason: The owners have shifted their focus since Covid to new ventures, and would also like to settle some ... View More
Interested to connect with advisors
Documents
GST Certificate
Assets Description
- The ground floor features 3 spacious bedrooms, a cozy patio, a veranda, and a beautifully landscaped garden area.
- A generous restaurant space is located on the ground floor, perfect for dining and hosting guests.
- The first floor comprises 4 large bedrooms, each with attached bathroom, providing guests with comfort and privacy.
- 90% furnished and ready for immediate occupancy, offering convenience for a quick launch.
- Ideal for hospitality ventures or accommodating large groups, combining a comfortable stay with convenience.
- Situated just a minute’s walk from the beach, in the heart of Hithadhoo Island, Addu City.
- Built on a 5,000 sqft plot, the 2-story property is designed with modern amenities, offering a stylish and functional space.
- A unique and highly attractive rental opportunity in a sought-after area with strong tourism potential.
- Maintenance is not included in the lease amount.
- We are offering a long-term lease, lasting 10 years.
- In the Maldives, the government grants land to its citizens for lifetime use, with the right to inherit. This particular land is owned by a husband-and-wife duo, as vested by the government.
- Construction loans have been taken out in the personal names of the founders, ensuring that the property is free of any encumbrances.
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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