Property for sale in Maldives
The Maldives is a tropical country in the Indian Ocean composed of 26 ring atolls formed by more than 1000 coral islands. These islands are famous for beaches, blue water lagoons and long coral reefs. Malé is the capital and most populated city, traditionally called the King's Island for its central location.
If you are interested in buying property for sale in Maldives you should know that here you can even buy or rent an entire island. The Maldives do not lack coralline islands. There are a total of 1,192 islands and spread over 35,000 square miles making the country of the Indian Ocean one of the most diverse in the world. Less than 200 of those islands are inhabited and while the capital, Male is more densely populated than Manhattan, the rest is mostly a perfect view for images of flat sand with coral, palm trees and blue sea.
Tourism is the main source of income for the Maldives and the country has conquered the market for honeymoons and high-level holidays. Historically, the government has pursued a policy that delivered the territories to companies determined to build resorts and hotels, now assigns islands to groups of interested hotels on a 50-year lease.
There are currently 126 resorts in the Maldives, but the property for sale in Maldives remains rare.
The occupancy in hotels in the Maldives is around 60-80% and RevPar (Revenue per room) is three times higher than any other Asian destination, so the demand for completed locations is high. Most of the properties for sale in Maldives, especially hotels for sale, were purchased within two weeks, but for a destination of such success the Maldives have experienced very little growth recently.