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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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Direct International Flight For Koh Samui Coming

Category: Tourism, Posted:27 Jul 2021 | 11:29 am Koh Samui is set for the resumption of international flights from Singapore on the 1st of August. Under the Samui Plus program and expecting increased demand, Bangkok Airways is taking this first step for the direct overseas service. The initial stage is three flights a week on Monday, Thursday and Sunday. Meanwhile in the Phuket […]
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Thailand Property Takes Urban Flight As Lifestyle Takes Over

Category: Real estate, Posted:26 Jul 2021 | 06:00 am Thailand’s resort real estate markets have experienced a dramatic reset in buyer profiles over the past eighteen months of the pandemic. A strong wave of domestic demand has seen Thais flocking to the country’s leisure destinations and snapping up holiday or second homes. According to new data released by Thai property portal FazWaz, the popular […]
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Just Another Sunday – Catch-Up

Category: Tourism, Posted:25 Jul 2021 | 15:08 pm It’s a great day to catch up on last week’s video sessions. Check out a replay of the special Business Insider Thailand Resort Property online event.  We also talk to a leading Thai developer on rewriting the map in Northwest Phuket, where a second resort-styled CBD is emerging and finally more on the ongoing Sandbox. […]