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Newly Established Commercial Real Estate Construction Business for Sale in Maldives

Guesthouse with 21 rooms and 3 apartments under construction, available for sale in the Maldives.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Real Estate Construction
Locations Maldives
Local Time 12:09 AM Indian / Maldives
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: USD 700,000)
Reason: The owner wishes to sell the property to avoid financing the remaining construction through bank loa... View More
Includes physical assets worth USD 700 thousand
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Business Overview
- Partially constructed guesthouse development designed for tourist and vacation accommodation, comprising 21 rooms and 3 apartments.
- Located on Feridhoo Island in Alif Alif Atoll, Maldives, an island that attracts European tourists.
- Features a four-floor building under construction, with the buyer responsible for completing the remaining construction.
- The seller holds a construction permit and land registration documents, supporting verification of construction authorisation and land ownership.
Products & Services Overview
The property is being developed as a guesthouse for tourist and vacation accommodation, featuring 21 rooms and 3 apartments intended for visitors to Feridhoo Island. The guesthouse is not yet operational, as construction remains incomplete.
Assets Overview
Tangible Assets: The property includes seller-owned land valued at USD 90,000, and a four-floor building under construction, valued at USD 610,000.
Facilities Overview
The property is situated on 2,865 sq. ft. of owned land and features a four-floor building under construction, occupying almost the entire land area.
Capitalization Overview
The property is self-funded by the owner, with no outstanding loans or liabilities. The business has one owner holding 100% ownership.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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