Resorts for Sale and Investment Opportunities in Male

- Resort property in the Maldives that has generated great interest from big players is up for sale. - The resort has 122 units including overwater villas. - The construction has been completed. - It is located close to the airport. - The resort does not have any employees and it has not started generating any sales yet. - The resort was being constructed for the past 6 years, the process slowed down due to the pandemic.

- We are looking to diversify into resort business and seek seed stage capital for the same. - The resort to be acquired is a spacious and luxurious establishment in the biosphere of Maldives recognized by the UNESCO for its nature and beauty. - The owner has 10+ years of experience in this business of which 5 years were spent as a GM in an upscale resort in Maldives. - We have a network of 260+ travel agents to advertise and promote this place. - Looking for investors and partners to commence the operations. - Other details about the business specifications like area, facilities, financial projections, development plan, etc. will be provided after introduction with the investors.

- This is a resort-like beach hotel, that had an 80% occupancy rate pre-Covid. - Covid has impacted the run rate sales of the business. - The property value is USD 7.2 million. The land is leased from the government. - There are 16 rooms in the facility and we have approved plans to expand it to 44 rooms. - We are selling the majority stake in the business. - The board has decided to sell this stake at half the price as the business has been impacted due to Covid, and funds are required for other businesses of Nazaki Group.

- Ongoing project: acquired land, seeking funds for guest-house development. - Land: own 5,000 sqft parcel secured for construction. - Guest house: plans drawn, construction permit obtained for a 22-key guest house. - Permits & licenses: all necessary construction permits and business licenses are in place. - Promoters' experience: collective 45 years of experience among promoters. - Construction timeline: maximum completion time set at 12 months, targeting 7 months. - Expansion potential: option to expand room capacity, albeit with increased investment. - Facility details: 22-key, 3-story building with terrace, reception, office, swimming pool, shop, coffee shop, restaurant, and kitchen.

Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel. Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry. Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click. The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance. We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel). Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature. MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels. The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.