Baa Goidhoo Island Council.

Through a public bid process.

• Head lease agreement signed.
• Concept design done.
• Detailed drawing done.
• Environmental Impact Assessment Report is being conducted to start the land clearance and construction work process.

30th June 2025.

• $5,000: booking fees
• 20%: upon signing agreement
• 20%: upon foundation and completion of ground floor column, beam, and slab work
• 30%: upon completion of all concrete and plastering work
• 20%: upon completion of tiling, electrical, plumbing, networking
• 10%: upon handover

• Via monthly progress reports detailing work progress.
• All progress reports, photographs, permits, and videos will be made available via an online shareholder portal.

$500 per month during the initial 10 years, with a 20% increase every 10 years thereafter.

• Common area cleaning
• Common area landscaping
• Common area utilities such as water, electricity, and communication
• 24/7 security
• 24/7 standby electrical and plumbing services
• Accounting and finance (including bill settlements, payrolls, maintenance fee management, and regular reporting to owners)

You will get a 99-year lease which will be duly registered with the relevant government agencies.

Yes. We will be happy to manage your villa. Our fees will be 10% of the profit.

Based on the demand for guesthouse tourism in the Maldives, we expect you to cover your investment in around 7 years.

• Deduct all expenses (including maintenance fees, utilities).
• Pay applicable taxes.
• Deduct 10% of the profit as management fees payable to the manager.
• Divide the balance among the owners who placed their villas in the management pool, taking into account the following:
  • Rates of each particular villa (beach villas and pool villas would sell at a higher rate than garden villas and villas without pools).
  • Total number of days the villa was placed in the management pool.

Yes, since it is your property, you are free to enjoy it as you wish.

Yes, since it is your property, you can host as many guests as you want free-of-charge.

Yes, you can bring or keep any pets allowed under Maldivian Law in the unit.

Yes. Each villa will have its own registry which will be held in trust for the benefit of the buyers. Buyers will get a 99-year lease.

99-year lease.

Yes. You can mortgage the villa or its revenue or benefits.

• $6 Green tax per night (can be adjusted from your profit).
• 16% Tourism Goods and Services (can be adjusted from your profit).
• 15% Business Profit Tax (applicable in excess of the minimum tax payable limit of $46,692 per annum, after deducting all operational expenses).

Transfers will be made to your designated bank account.

You will have real-time access to all common areas via the security camera system in the compound. You will also be able to view outside your villa via the main entrance door smart lock.

Yes, you can sell, transfer, or assign all your rights, interests, and liabilities in the villa to a third party at any time. We can also help you find a buyer. Our fees will be a 3% sales commission.

97 kilometers.

• Via daily scheduled ferries (currently takes 90 minutes but in the future, we expect faster ferries).
• Domestic airplane to Dharavandhoo Airport (20-25 minutes) followed by a 35-minute speedboat ride.
• Seaplane (25 minutes).

Premier Property Pvt Ltd (detailed profile available here: [View]).

• Concrete (British Standard).
• Solid brick walls.

Fully furnished with all fittings and fixtures, including doors, windows, curtains, linens, fittings, and fixtures.

No. Buying property or investing in the Maldives does not confer residency or citizenship. However, the country has a free online visa system which can be extended.

The island has zero crime rates. People don’t lock their doors. There have been no reported crimes on the island for the last 24 years.

• Hospital
• Harbour
• Supplied water
• 24/7 electricity
• Broadband internet connection
• Satellite cable TV connections
• Public facilities including football field, skating park, indoor badminton court, BBQ areas, bikini beaches

• Reception/Lobby
• Restaurant/cafe/in-villa dining
• Large swimming pool
• Indoor game center
• Spa
• Gym
• Yoga
• Diving/Fishing/Water sports

As at end of 2023, there are 5* guesthouses. There are also 10 guesthouses under construction.

Note: Guesthouse statistics taken from Ministry of Tourism’s official statistics for the end of 2023. Click here to view.

• The country’s most beautiful beach is located in the same lagoon (Fulhadhoo Island).
• UNESCO heritage site and the world’s largest whale shark habitat, Hanifaru Bay, is only [distance] kilometers from Goidhoo Island.
• Famous diving spots including the world-renowned traveler Piard’s shipwreck.
• Year-round availability of reasonably large tuna outside the reef for fishing enthusiasts. The atoll and surrounding areas are well known for their rich fish stocks, thrilling seekers, and divers.