Want to own a private island in the Maldives? 16 islands up for auction
Want to own a private island in the Maldives, which is described as a tourist’s paradise? Then get ready. The Maldivian government is set to auction off 16 islands on a 50-year lease. The islands in this paradise are prepared for sale with strict conditions that should not be taken for granted. Island buyers should be prepared to build a resort there.
Corona has had a serious impact on the economy of the Maldives. Where tourism is the main source of income. The government’s latest move is aimed at recovering the country’s lost wealth. Winners of the auction have 36 months to begin construction of any project. You can also get a five-year resident visa.
The terms are as follows:
It is not possible to cut down trees during construction without the written permission of the Department of Tourism. The condition that if one tree is cut down, two should be planted in its place also applies. To protect the environment, infrastructure should be constructed within a radius of 5 m or 16 feet away from flora things. Contact the Ministry of Tourism for more information (email@example.com)
The islands for sale include Meemu Atoll, near the capital city of Male, where the international airport is located, and the cluster of 42 acres in Thaa Atoll. All the islands with beautiful beaches are full of scenic views and the depths of the sea can be explored up close.