Properties for sale in Gan

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FAQ
How to buy property in Gan as a foreigner on Global Properties?

Global Properties has listed over 5,000 listings of properties for sale in Gan, sourced from verified agencies and developers. Utilise our convenient search form equipped with filters by price, size, location and other parameters. Quick links are also available on the page to select a property in the Maldives based on popular criteria, such as ‘by the sea’ or ‘on the first line’. Our inbuilt converter allows you to view the property prices in Gan in dollars, euros or other national currencies.

How much is property in Gan?
  • Lowest cost of property in Gan: USD 150,000.
  • Maximum value: USD 5 million
What is the floor area of real estate in Gan?
  • Minimum floor area: 81 m²
  • Maximum area: 25,000 m²
How to get a Maldivian residence permit when acquiring accommodation in Gan?

Investors purchasing properties worth USD 1 million or more from a list approved by the country's government may qualify for a long-term visa. To obtain a Maldivian residence permit by acquiring properties in Gan for investment, follow these steps:

  1. Accommodation Acquisition: Rent or purchase a property (apartment, villa or house) in Gan, Maldives. Ensure the property is registered and the ownership or rental agreement is in your name;
  2. Residence Permit Application: Prepare the necessary documents, which should include a copy of your passport, property documents, proof of income or employment and passport-size photographs. Submit the completed residence permit application form along with any necessary fees to the Immigration Department in Gan;
  3. Biometric Data Collection: Visit the Immigration Department in Gan to undergo biometric data collection, including fingerprints and a photograph;
  4. Security Clearance: The Immigration Department will initiate a security clearance process, which includes conducting background checks and verifying the information provided;
  5. Permit Issuance: Once the application is approved and the security clearance is completed, the Immigration Department will issue the Maldivian residence permit, typically valid for a specific duration.

Property in Gan

Gan, one of the most picturesque islands in the Maldives, is renowned for its stunning natural beauty, tranquillity and well-developed infrastructure. This makes it an appealing choice for those interested in investment real estate in Gan. The range of properties available is diverse, including:

  • Coastal villas: These villas offer direct beach access and private pools and are particularly popular with buyers who prioritise privacy and exclusive amenities;
  • Apartments in the Maldives. Modern complexes feature apartments with balconies offering panoramic views of the ocean or lagoon. These properties typically offer a high level of convenience and security;
  • Traditional homes: These provide the most authentic lifestyle possible and are often constructed using natural materials.

The island offers several advantages for both relocation and seasonal holidays. It’s situated away from more populated locations, providing privacy and tranquillity. Purchasing a home here allows you to enjoy clean beaches, crystal-clear waters and unspoiled nature; Despite the isolation, the island boasts good infrastructure with amenities such as an international airport, medical facilities, schools and shops, making life convenient and comfortable. It’s well-suited for water sports enthusiasts, divers, fishermen and those who simply appreciate peace and quiet. The proximity to natural attractions ensures each day is colourful and fulfilling.

Reasons for investing in property in Gan

Investments in real estate for sale in Gan are potentially profitable due to rising house prices on the island, driven by increased tourist traffic and limited available land. This makes Gan an attractive alternative to more established tourist destinations.

Based on forecasts from the Maldives Ministry of Finance, the construction and property sector is poised for robust annual growth of 7.5% from 2024 and 2026. This allows you to invest in properties under construction that can later be resold for a profit.

Additionally, purchasing housing on the island for rental purposes is viable. The average rental yield in the country is notably high, ranging from 8.5–8.8% per annum. In projects featuring villas, this yield can reach up to 7%. Renting apartments within resort complexes equipped with modern amenities can potentially yield returns of 11–12% per annum.

Buying real estate in Gan

Our aggregator consolidates all listings for properties in Gan, Maldives, saving you the hassle of searching through multiple resources. All listings are conveniently gathered in one place and our database is updated daily with current information. You can easily filter ads by property type, number of bedrooms and costs in this and other cities. Additionally, our portal provides analytical insights into the market and articles for those considering investment or permanent relocation Start your search for houses in the Maldives right now to ensure you don’t miss out on the most attractive offers.