JLL Hotels & Hospitality Group Nihat Ercan, Julien Naouri and YouRee Park are marketing the collective, or individual sale of five undeveloped islands of Emboodhoo Lagoon located at South Malé Atoll, Republic of Maldives for sale.
JLL Hotels & Hospitality Group Nihat Ercan, Julien Naouri and YouRee Park are marketing the collective, or individual sale of five undeveloped islands of Emboodhoo Lagoon located at South Malé Atoll, Republic of Maldives for sale.
The project entails a scalable hospitality development spanning five islands, which form part of the larger entertainment complex of Crossroads. It is conveniently located in South Malé Atoll, only 15-minute speedboat journey from Velana International Airport. Development opportunities in such close proximity to the international airport are very rare and highly sought-after by operators and investors.
The Islands are offered individually or collectively on an as-is basis, allowing full flexibility for investors to design and scope each island according to their bespoke specifications and requirements. The Islands are available with vacant possession, allowing the incoming investor to select a preferred brand/management company for the operation of the project.
Crossroads encompasses a total of 9 islands, 7 km of coral reefs, largest privately-owned marina, over 4,000 m2 of retail space, cultural center and an array of marine life activities. Resorts of Crossroads can benefit from an elevated customer experience and marketing exposure offered through the wider complex.
The Islands are held under a direct head lease agreement with the Ministry of Tourism (“MOT”) for a 50-year period expiring in 2066. Opportunities to acquire resorts with direct government leases are highly sought-after in the Maldives.
To request a copy of the Information Memorandum please contact one of the JLL marketing agents Nihat Ercan, Julien Naouri and YouRee Park via the contact details below.