Virgin Island

Maldives | Indian Ocean & Africa

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  • Size 10.37 acres
  • Price USD 5,500,000 (50 year leasehold with possibility of extension)
  • Location South Ari Atoll
  • Country/State Maldives
  • Region Indian Ocean & Africa

Maldives Private Island with Potential for private or tourist development

Located approximately 100 km from Malé International Airport (90 minutes by speedboat or 20 minutes by sea plane) and close to the inhabited island of Mandhoo, Virgin Island is the perfect opportunity to take advantage of the country’s new leasehold policy, which allows investors to extend the traditional lease period of 50 years to 99 years providing development takes place and a further USD 5 million acquisition fund is paid to the local government.

Part of the much-loved South Ari Atoll, the island itself comprises of 4.2 hectares of powder white sands and lush vegetation as well as an enviable proximity to some of the region’s most breath-taking dive sites. An array of established and popular island resorts can be found just a matter of miles from the shores of Virgin Island, suggesting that there is potential for a further tourist development. A private development would also be possible and no restrictions are in place.

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