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Boahiyaa
Premier Property
Pan Real Estate Pvt LtdThe Global Properties portal features over 38 listings of property for sale in the Maldives, sourced from reliable real estate agencies and developers.
Whether you’re looking to buy property in Male on the secondary or primary market, our platform provides a convenient search form, advanced filters, sorting options by price and date of addition and map-based search functionalities.
For easy selection of a suitable object, quick links featuring the most frequently used filter combinations, such as ‘by the sea’ or ‘on the first line,’ are placed at the bottom of the page. The inbuilt converter enables you to view the cost of property in the Maldives in dollars, euros and local currency.
Foreigners can own houses in the Maldives but with some restrictions. The Maldivian government allows foreigners to purchase freehold property on certain islands designated as "resort islands." These resort islands are leased to resort operators, who then sell individual villas or flats to foreign buyers.
As per the Maldives Land Act, foreigners can purchase property on resort islands for a minimum of 50 years, with the possibility of extending the lease for an additional 50 years. The cost of properties for sale in the Maldives can be quite high, with prices ranging from USD 500,000 to several million dollars, depending on the location and size of the property.
- The minimum property prices in the Maldives are close to 2077 $.
- The cost of the most expensive property is USD 40 million
- The minimum floor area is 38.6 m²
- The largest area is 600,000 m²
Long-term visas can be obtained by investors who have either opened an account in a local bank with a balance of at least USD 1 million for more than two years or purchased property worth this amount from the list approved by the government.
The purchase of housing does not entitle one to citizenship; it can only be obtained through marriage to a citizen of the Republic or by naturalisation.
The most popular holiday and investment destinations are Male, Gan and Hulhumale. In these locations, accommodation can be easily rented out or sold.
Houses and apartments are popular on the islands. Many villas feature large outdoor areas with swimming pools, gardens and magnificent sea views. Apartment complexes are equipped with first-class amenities, including lounge areas, gyms and 24-hour security.
The islands are a popular tourist destination. There are several reasons to invest in local facilities:
- High tourist flow: 1.88 million people in 2023;
- Stable economy with annual GDP growth of 4%;
- Year-round rental demand;
- Mild climate: over 200 days of sunshine a year and an average temperature of +30 °C;
- Beautiful nature, with beaches and crystal-clear water.
Housing on the islands is in high demand. With the tourist season lasting all year round, you can earn money by renting out your property. Numerous projects in the Maldives offer guaranteed returns and management companies handle full maintenance of the property.
Property in the Maldives
The Maldives, renowned for its picturesque beaches and luxurious resorts, attracts foreign buyers and tourists worldwide. A variety of accommodation types can be found here:
- Water villas: Luxury homes situated on stilts directly in the ocean;
- Bungalows: Traditional style cottages built with natural materials, ideal for those seeking a cosy and authentic home;
- Flats: Modern living options, usually located in resort complexes with luxurious amenities such as private spas, tennis courts and direct access to the beach.
Here are a few places that are particularly popular with foreigners:
- Male: The capital and most populous city, where the main business and government offices are located. Rental properties in Male are in demand among foreigners on business trips as well as those looking to explore the local culture and history;
- Hulhumale: A man-made island just outside Male, featuring wide boulevards and modern infrastructure. It’s popular among those seeking a calm and peaceful atmosphere;
- Addu: The southernmost atoll, offering a quiet and secluded lifestyle with beautiful nature and less tourist hustle and bustle;
- Baa: A UNESCO-protected biosphere reserve and an excellent option for diving, attracting scuba diving enthusiasts worldwide.
Reasons for investing in property in the Maldives
Purchasing real estate for sale in the Maldives is attractive due to growing tourist demand, a limited supply of exclusive properties and high rental yields.
The medium-term outlook for the construction and property sector is positive, with an expected average growth rate of 7.5% between 2024 and 2026, as per the country's Ministry of Finance. The value of leasehold projects is increasing by an average of 5 per cent per year, making investing here particularly promising. You can acquire properties in the Maldives for investment and later resell them for additional profit.
The average return on rentals on the islands is 8.5–8.8% per annum. In projects with villas, it reaches 7%. Flats in resort complexes, equipped with modern amenities, can yield 11–12% per annum.
Buying real estate in the Maldives
Purchasing investment real estate in the Maldives is made easy with our property aggregator. The site is equipped with intuitive tools for quick searches and property selection. You can filter properties by type, location or price of apartments in the Maldives. Additionally, you’ll find recommendations for buying a foreign home, helping you minimise potential risks and ensure transaction safety. Start searching for houses in the Maldives today and take full advantage of our service.