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Maldives Promoting 50 Year Foreign Ownership

Category: Real estate, Posted:07 Jan 2011 | 06:00 am

Damn the torpedoes and concerns about global warming. The Maldives which is pegged by some scientists to be sharing space with Nemo at an unknown point down the road is taking a long term view on attracting property investment.
Liberalization has meant long term 50 year renewable leases are now available to overseas buyers back of the new Maldives business-minded Government regime.
Hospitality led residential offerings from upscale brand such as Banyan Tree, and Six Senses are seeing new product rollouts of luxury offerings.
While its early days for the Maldives real estate sector, branded residential products are continuing to skyrocket in the cash rich region.

Other News

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Pavilons Inks Deal With Krabi Eco Resort

Category: Hotels, Posted:05 Dec 2020 | 06:00 am Pavilions Hotel and Resorts has signed a deal for a 59-key eco resort in Krabi, Thailand. The property is a conversion of the Anana Krabi Ecological Resort and will be fully operational in February 2021. Currently Pavilions operates nine properties in Asia and Europe with another 5 in the pipeline. The group recently launched a […]
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MasterClass – Hotel Branded Residences

Category: Hotels, Posted:04 Dec 2020 | 09:12 am C9 Hotelworks and Delivering Asia Communications have organized a virtual masterclass on Hotel Branded Residences – Insights into a key driving force in new hospitality and real estate developments. The webinar will be held on Wednesday 9th December, 2:00 pm Bangkok | 3:00 pm Singapore/Hong Kong Register for free Look at any hotel development pipeline and you will see how branded residences are […]
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HOTELS’ GREAT DIVIDE Owning The Customer Or The Product?

Category: Hotels, Posted:29 Nov 2020 | 12:23 pm There is a great debate within the Covid-19 hotel space on where things are headed once the vaccine kicks in. Some say consolidation, others point to fragmentation, while the doomsday cults say the hotel industry will never be the same. To that point, minute by minute, nothing is really the same anyway so cut that […]