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Shell Island

Shell Island is a large 37.5 hectare island in the Maldives, located in a well developed lagoon easily accessible from the mainland by boat and plane domestically and internationally. The surrounding reefs are ideal for diving, reaching an average depth of 50 meters.

The island's location in a desirable atoll close to well known luxury tourist resorts and restaurants makes this a great opportunity for a commercial venture. Ne ...

Shell Island is a large 37.5 hectare island in the Maldives, located in a well developed lagoon easily accessible from the mainland by boat and plane domestically and internationally. The surrounding reefs are ideal for diving, reaching an average depth of 50 meters.

The island's location in a desirable atoll close to well known luxury tourist resorts and restaurants makes this a great opportunity for a commercial venture. Nearby sea plane landing areas (proximity to island by boat) include Jumeirah Dhevanafushi (20min), Ayada Maldives (21 min), Ayada Havodda (15 min), Outrigger Konotta USA (18 min).

The island is sold with a 21-year lease with the Maldivian Government with an auto renewal option provided that all maintenance and taxes are paid to the Maldives. Investment purchase of Tourist License option would increase the lease period to 50 or 99 years.

The asking price is USD 7,800,000 for commercial use (Tourism Licensed), or USD 4,400,000 for private residence (long-term lease).

Clear title with no litigation or any risk.

Accessibility:

1 hour by plane from Male

6 hours by yacht from Male

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