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Boahiyaa
Premier Property
Pan Real Estate Pvt LtdGlobal Properties features over 29 listings of properties for sale in Male, sourced from reliable real estate agencies and developers.
To acquire property in the Maldives, utilise our search form equipped with advanced filters that allow you to sort properties by price, area and date of addition.
For easy selection of the right type of accommodation, quick links are available at the bottom of the page, catering to common search criteria, such as ‘by the sea’ or ‘on the first line’. Our currency converter enables you to calculate the cost of property in Male in dollars, euros or the national currency.
- Minimum property prices in Male: 131853 $.
- Highest price: USD 6 million
- Minimum area: 38.6 m²
- Maximum area: 565 m²
Investors who purchase real estate for sale in Male or other properties from a list approved by the country's government and valued at USD 1 million or more may qualify for a long-term visa.
Property in Male
Male, the capital of the Maldives, is renowned for its scenic views and crystal-clear waters. The city offers a rich cultural life, exotic cuisine and opportunities to dive among coral reefs. It’s an ideal destination for those seeking a blend of beach relaxation and active holidays.
The market for investment real estate in Male is unique and diverse, dominated by high-rise buildings with views overlooking the Indian Ocean. The region is characterised by limited space, making every square metre especially valuable. With its well-developed infrastructure, residents can enjoy modern amenities and easy access to local attractions, markets, museums and mosques. Housing is favoured by foreign investors due to the political stability, an excellent climate and the high growth potential of the tourism industry. This makes purchasing a flat or house here a convenient option for living and a profitable investment.
One of the most popular areas to buy a home is the city centre, which hosts main government offices, schools, hospitals and shopping centres. Apartment blocks dominate this area, offering both standard premium-level apartments in the Maldives.
The Galiolu neighbourhood is another attractive location, characterised by a relaxed atmosphere and stunning ocean views. Housing options here range from small houses to luxury villas with gardens.
Hulhumale is a new and rapidly developing neighbourhood situated on an artificial island. It appeals to those seeking new complexes with modern amenities such as fitness centres, swimming pools, lounges and underground parking. Hulhumale is also renowned for its wide promenades and beautiful landscaping.
Reasons for investing in property in Male
There are several reasons to acquire properties in Male for investment:
- Significant influx of tourists: 1.88 million people visited the Maldives in 2023 and this number is growing year-on-year;
- Robust economy: The country enjoys an annual GDP growth of 4%;
- Year-round rental demand: There is consistent demand for rental accommodation throughout the year;
- Comfortable climate: With over 200 days of sunshine a year and an average temperature of around +30 °C, the climate is ideal;
- Picturesque landscapes and beaches: The natural beauty adds to its appeal;
- Limited exclusive properties and high rental yields: The scarcity of exclusive properties coupled with high rental yields makes investment attractive. As per the country's Ministry of Finance, the construction and property sector is expected to grow at a steady 7.5% per annum from 2024–2026.
You can get properties in Male, Maldives, for capital preservation or renting out. Yields average 7.7% per annum. For projects that include villas, this figure reaches 7%. Apartments in resort complexes in the city centre, equipped with the latest amenities, can yield up to 8% per annum.
Buying real estate in Male
Buying a home in the capital of Maldives has become more convenient thanks to our aggregator. You can sort offers by type, location or price of local housing. Additionally, the site provides helpful advice on purchasing a home abroad, helping you reduce potential risks and ensure a safe transaction. Find your perfect houses in Maldives today and make the most of our services.