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Resort Seeking Loan in Malé, Maldives

Company seeks project funding to develop a licensed tourist resort on an island in Male.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Malé
Local Time 8:39 AM Indian / Maldives
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 35 million for 9.0% annual interest, 15 years (Native Currency: USD 35,000,000)
Reason: To develop a new resort.
Collateral Available: USD 50 million
Includes physical assets worth USD 7 million
Interested to connect with advisors
Business Overview

- We plan to develop a luxury resort in one of the prime locations of Maldives.

- The resort will be developed with more than 60 individual villas targeting travellers worldwide.

- Resort will also include 2 restaurants, beach access, beach grill, sunset bar, diving and water sports centre, spa, gym, boutique.

- Out of the 60+ villas, more than 40 will be on the water and 20+ will be on land.

- We did 2 similar projects in the past and this is our 3rd project.

- One more project is on-going.

- It would take 24 months to complete the project post-investment.

- Facility will also have powerhouse/generators, fuel storage tanks, RO plants, water storage tanks, sewage treatment plant, waste disposal, incinerator, bottle crusher, staff accommodation, staff restaurant, staff shop and bar, laundry and housekeeping, main stores, cold storeroom, training rooms, engineering and workshops, sewage pipe network and lifting pump stations, electric distribution and cable network, IT and television network.

Products & Services Overview

Luxury resort with individual villas and all amenities such as restaurant, beach access, sunset bar, diving and water sports centre, spa, gym, boutique.

Assets Overview

76 hectares of lagoon land, 4.5 hectares of the island, development rights, construction plans and designs.

Facilities Overview

Owned 76 hectares of lagoon land with 4.5 hectares of the island to develop more than 60 villas.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Bangalore, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Milan, Financial Consultant connected with the Business
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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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