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Hotel Assets for Lease in Malé, Maldives

Maldives Beach front property with 20 rooms, spa, sauna, Jacuzzi, restaurant for long lease.
This transaction has concluded.
This Business is on a Premium Plan
Ownership Duration 5-10 year(s)
Industries Hotels
Locations  Male
Local Time 4:47 PM Indian / Maldives
Listed By Advisor / Business Broker
Status Active
Overall Rating
Yearly Lease Amount
Asking Price: USD 115 thousand (Native Currency: USD 115,000)
Reason: For other real estate investments.
Interested to connect with advisors
Documents
Assets Description
- We are looking to lease a beach front property in a prime location. 15 years lease, first 9 year lease amount to be paid in full upfront. Rest of the 6 years rent to be paid yearly.
- Has been in operation for more than a year in a 6 story building.
- The hotel has 20 rooms as well as other facilities like a spa and restaurant.
- These rooms include 15 standard rooms which are USD 70+ per night and 5 beach suites which are USD 120+ per night.
- With good management and focus on the business the revenue can be increased exponentially.
- The restaurant has 20 seats as well as a terrace that can seat 15 people.
- Kitchen is fully equipped with stove, chimney and chiller fridge.
- The spa can accommodate 1 person at a time, the sauna can be used by 2 people at a time and the Jacuzzi can hold 4 people at capacity. All of them are located on the terrace.
- There is also a Mitsubishi lift that can take customers directly to the terrace with a capacity of 450 Kg.
- Leaseholder would receive the building and land with all the furniture, infrastructure and equipment. Lease does not include brand name or employees.
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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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