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Boahiyaa
Pan Real Estate Pvt Ltd
Premier PropertyOn Global Properties, there are more than 22 ads for apartments in Male for investment from reliable real estate agencies and developers. Open a suitable advert and read the characteristics, layout and description of the accommodation. Then, contact the seller of an apartment in Male, Maldives, directly by phone or private message.
- Minimum apartment prices in Male: 125850 $.
- Most expensive accommodation: USD 415,500
- Minimum floor area: 38.6 m²
- Object of the largest area: 111.5 m²
Investors who have invested at least USD 1 million in a local bank for two years or more or bought real estate in the Maldives to the same value from the list approved by the country's government can apply for a long-term visa.
Apartments in Male
Male is the capital city of the Maldives. The local housing market attracts both local and foreign buyers. Despite its compact size, the town offers various living and investment opportunities. The most popular locations for apartments in the Maldives in the capital are:
- The central district is home to the main government offices, shops, restaurants, and cultural sites. Flats here are highly valued for their proximity to major attractions and the amenities of city life.
- Hulhumale is an artificially created island designed to attract tourists and increase the area for residential development. It’s particularly popular with those looking for new developments with modern amenities.
- Villingili is a serene location, just a short ferry ride from the city. It offers a peaceful retreat from the hustle and bustle of the capital. It's an ideal choice for those who prefer a more relaxed lifestyle while still enjoying quick access to the city centre.
Foreigners can buy an apartment in Male, choosing from budget, classic and exclusive properties with ocean views. The market of flats for sale in Male is supported by solid demand from locals and foreign investors looking for opportunities to invest in a stable and fast-growing economy.
Reasons for investing in an apartment in Male
Getting an apartment for sale in Male will be a good move for several reasons:
- High tourist flow. In 2023, the Maldives welcomed 1.88 million tourists, a number that continues to grow annually.
- Stable economic development. The country has a steady annual GDP growth rate of 4 per cent.
- High demand for rental accommodation. Due to the constant flow of tourists, the demand for rentals does not decrease throughout the year.
- Climate and nature. More than 200 sunny days per year and an average temperature of around +30 °C make the region ideal for living and relaxing.
- Picturesque landscapes and beaches add to the appeal of local property.
Residential investments are more favourable due to the limited number of exclusive properties and high rental yields. According to the Maldivian Ministry of Finance, the construction and property industry is expected to grow at a steady 7.5% per annum from 2024 to 2026.
You can consider investing in the short or long term. In the first case, buying apartments at the construction stage and reselling them at a profit is enough. The cost of apartments in Male at the excavation stage is lower than those ready for occupancy. You can also get income from renting. It averages 8% per annum. Apartments in resort complexes, equipped with modern amenities, can bring 11–12% per annum.
Buying apartments in Male
Buying an apartment in Male is easy with our online aggregator. The portal offers convenient tools for searching and selecting accommodation, allowing you to sort offers by type, location and price of housing. The site also offers helpful tips to buy a flat in Male, helping to minimise risks and ensure secure transactions. Start your search for your perfect houses in the Maldives today and take full advantage of our service.