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Newly Established Residential Real Estate Equity Stake For Sale in Fuvahmulah, Maldives

Pre-construction 24-room staff accommodation project in Fuvahmulah seeking investment to commence development.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate
Locations  Fuvahmulah
Local Time 4:01 AM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 450 thousand for 90.0% stake (Native Currency: MVR 7,000,000)
Reason: Seeking capital to construct and furnish a 24-room staff accommodation facility on land in Fuvahmula... View More
Includes physical assets worth USD 52 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Plot 1
Plot 2
Business Overview
- Developing a 24-room staff accommodation project in Gn. Fuvahmulah, intended primarily for employees of nearby hospitals and schools.
- The project is currently at the pre-construction stage and is not generating revenue at present.
- The promoter plans to commence construction after securing the required investment.
- The proposed business model is based on long-term rental of accommodation rooms, with additional monthly maintenance services.
- The project is planned on a piece of land valued at approximately MVR 800,000.
- The company currently has 1 employee and is funded by the founder, with no external debt or loans.
- The rooms will be rented out to employees at a rate of 5,000 MVR, with additional maintenance fees ranging from 500 to 1,000 MVR.
- Once developed, the property is planned to provide dedicated residential accommodation for health and education workers in Fuvahmulah.
Products & Services Overview
Planned long-term rental of 24 staff accommodation rooms for employees of nearby hospitals and schools, with monthly maintenance services.
Assets Overview
Tangible assets include land valued at MVR 800k.
Intangible assets include business registration certificate.
Facilities Overview
The company currently owns a piece of land in Gn. Fuvahmulah. The proposed plan is to develop a 24-room accommodation on a 2,040 sq. ft. building on the land.
Capitalization Overview
The business is solely owned and fully funded by the owner, with no outstanding loans or liabilities.
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2 Investors viewed this Business this week. Register below to connect now!
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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