Build your own tropical paradise! Uninhabited Maldivian island
with permits for a luxury hotel resort and spa goes on sale for £8.5m
Here’s something to dream about the next time you buy a ticket for
a massive lottery jackpot.
With an asking price of £8.5
million, an uninhabited island in northern Maldives has hit the market, giving
a wealthy entrepreneur an ideal opportunity to build a luxury resort from
scratch.
The pancake-shaped tropical
island of Orivaru comes with permits for a hotel and spa, according to luxury
real estate firm Debutesq Group, which listed the 34.6-acre property.
Located 45 minutes by seaplane
from the capital Male, Orivaru is one of 71 islands that form the Noonu Atolls
and a haven for anyone who is seeking privacy.
Only 13 of the islands are
inhabited and the closest one – Minaavaru, which is home to a Hilton resort and
spa – is three miles away.
Alan O’Connor, managing director
for Debutesq Group, said: ‘There is nothing on the island right now. It’s a
complete virgin island.’
The island is held on a long leasehold from the Maldivian
government but Debutesq Group said such leases are frequently renegotiated and
extended.
Ringed by a white sand beach that
is lapped by crystal clear water, Orivaru is a blank canvas for its future
owner or owners.
Mr O’Connor said permits issued
by the Ministry of Tourism have paved the way for some inland development and
guest rooms on the shore.
Debutesq Group said inland
development would include restaurants, guest lounges, pools and a wellness spa,
while permits allow for nearly 100 private rooms and water villas that would
have exhilarating views of the Indian Ocean.
The island has a natural port
allowing boats and seaplanes to berth without interfering too much with the
natural landscape.
For the last two years, Orivaru
has been owned by a Maldivian registered company led by a property investor
from the Czech Republic.
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Paradise: The island of Orivaru
in northern Maldives has hit the market with an asking price of £8.5 million
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Pancake-shaped Orivaru comes with
permits for a luxury resort that allows for nearly 100 guest rooms and water
villas
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Private island: Orivaru is one of
71 islands that form the Noonu Atolls and the closest one that is inhabited is
three miles away
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Untouched: The island has a
natural port allowing boats and seaplanes to berth without interfering too much
with the natural landscape
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Yours for £8.5 million: Orivaru
is held on a long leasehold from the Maldivian government but Debutesq Group
said such leases are frequently renegotiated and extended
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A glimpse of the future? This is
what Orivaru Island could look like if a wealthy investor develops a luxury
resort and spa
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