Grand Park Kodhipparu - SOLD

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Sold for 65,000,000 USD Date of Sale: October 2016
Rooms: 120
Price Per Room: 541,667 USD
Property Id : 29088

Jones Lang LaSalle Property Consultants Pte Ltd has been exclusively appointed by Kodhipparu Investment Pvt Ltd (the “Owner”) to offer for sale, on a turnkey basis, a resort located on the island of Kodhipparu (the “Resort” or “Property”), North Malé Atoll, the Republic of Maldives.

Conveniently situated a 15-minute scenic speedboat journey from Malé International Airport, the Resort has been carefully designed to please the most discerning traveller. The Property will comprise 120 spacious villas, including 18 beach villas nestled amongst the island’s greenery and 102 ocean villas with beautiful uninterrupted ocean views and direct access to the lagoon. Slated to complete during the fourth quarter of 2016, the Resort will also offer four food & beverage venues, an over-water spa with six treatment rooms, an infinity-edge pool, fitness & activity centre, and all the supporting amenities expected of an upscale resort.

Rarely do properties with such an unrivalled location within Malé Atoll become available for sale in the Maldives. Offered as a turnkey resort that is fully unencumbered by brand and management, the Property represents a unique opportunity for an investor or an owner-operator to acquire a newly developed resort in one of the world’s most pristine island destinations.

Detailed information on the Resort is available for review upon the execution of a confidentiality agreement.

Nihat Ercan

CEO, Asia Pacific

Lingwei Tan

Senior Vice President, Investment Sales, Asia Pacific
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