Profitable Serviced Apartment Investment Opportunity in Male, Maldives
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 300 - 400 thousand |
Run Rate Sales | USD 380 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Serviced Apartments |
Locations | Male |
Local Time | 8:52 PM Indian / Maldives |
Listed By | Business Owner / Director |
Status | Recently Active |
- Offers both 1-room and 3-room apartments; all units are fully occupied with tenants staying on average for 2 years.
- Earns through fixed monthly rent; no online travel agency dependence or marketing spend due to stable local demand.
- Properties also house a general retail outlet and bookstore, generating an additional monthly rental income of MVR 60,000.
- We are registered as a private limited entity and have floor-wise construction approval & building permits.
- Buildings (MVR 30 million). The buildings have been built by us, and we own them although the land is on a lease. The total value of our physical assets stands at MVR 30 million, while the business is currently valued at MVR 20 million. We are offering equity at this lower valuation to make it more attractive to the investors.
Intangible Assets:
- Long-term lease agreements with landowners, valid for 19 more years.
- Private limited entity and floor-wise construction approval & building permits.