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Guest House Assets for Lease in Thinadhoo, Maldives

For Lease: Newly built 6 room guesthouse in the Maldives at South Huvadhoo atoll.

Ownership Duration 1-5 year(s)
Industries Guest Houses
Locations  Thinadhoo
Local Time 4:01 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
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Yearly Lease Amount
Asking Price: USD 40 thousand (Native Currency: USD 40,000)
Reason: Due to the pandemic, the guest movements are down. We are now looking to lease or sell the assets to... View More
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Assets Description

- Company operates a guesthouse in the Maldives at South Huvadhoo atoll.

- Property is owned by the promoter's father and has been sub-let to the promoter for operating a guesthouse.

- Our operations started in early 2020 but were halted within the first two months due to the pandemic. We are now looking to lease or sell the property to recover our investments.

- Locality is a famous tourist destination for surfing and diving, and the domestic airport is nearby.

- Guesthouse was built recently and is a 3-storey building with a built-up area of 1,650 sq ft and 6-bed rooms.

- Each floor has two rooms, lobby, dining area, and open sundeck, including an indoor sports floor and gym area.

- All interior furnishing is complete except the mini-bar, safes, and televisions in a few rooms.

- Water and electricity facilities are available 24/7.

- We have applied for a business license which has been delayed due to the pandemic.

- Post obtaining a license, the lessee can start operations immediately. In addition to the guest house, they can also provide excursions, fishing, and diving expeditions.

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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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