Maldives Identified as a Promising Destination for Property Investment
CBRE Thailand has identified Maldives as a promising destination for property investment. The Maldives is a market that has high growth potential and is currently under-supplied with predicted high returns. The destination has experienced a strong post-pandemic recovery by broadening the target tourist market. The growth and attraction of a wider range of tourists has resulted in more opportunities for property investment.
“The Maldives’ property market presents an exciting opportunity for investors seeking to diversify their portfolio,” said Ms. Praphinleeya Phuengkhuankhan, Head of Residential Sales – Ad hoc at CBRE Thailand. “The Maldives’ property market is poised for growth after updating its foreign direct investment policy in 2020, and has unique appeal as a destination for high-end tourism.”
In the Maldives, investors can invest in villa projects and hotel-branded residences. According to Ms. Praphinleeya Phuengkhuankhan, some projects are seeing returns of up to 7%.
The Maldives is world renowned for the exclusive and luxurious experiences on the pristine islands. The destination is encouraging socially responsible and sustainable investments with the priority of preserving the island’s natural beauty and biodiversity.
Featured Image: Unsplash
Related Posts
Holiday Inn Resort Kandooma named Best Culinary Establishment at Hotel Asia International Culinary Challenge Award Ceremony
The award ceremony of the Hotel Asia International Culinary Challenge was hosted on 21 September in the ballroom of Hulhule Island Hotel.
Hotel Asia Exhibition Returns for 16th Edition with International Culinary Challenge
After a break of two years due to the COVID-19 pandemic, South Asia’s largest hospitality trade-show, Hotel Asia 2022, is returning for its 16th Edition. This year’s exhibition will be held in Dharubaaruge, in capital Male’ City, on October 10, 11 and 12, with the much awaited International Culinary Challenge scheduled to kick off one […]
Rolf Hebbel appointed Head of Sales at Park Hyatt Maldives Hadahaa
[vc_row][vc_column][vc_column_text]Park Hyatt Maldives Hadahaa has appointed Rolf Hebbel as the resort’s new Head of Sales. Located in North Huvadhoo Atoll, one of the largest natural atolls in the world, this retreat is a sanctuary with natural snowy white beaches and a cerulean lagoon. Rolf, a German national, brings to his role more than 25 years […]
