On behalf of B.M.L. Investments Private Limited (the “Owner”), Jones Lang LaSalle Property Consultants Pte Ltd is pleased to offer for sale the head lease rights over Reethi Beach Resort (the “Resort”) located on the island of Fonimagoodhoo in Baa Atoll, the Republic of Maldives.
Currently comprising 30 over-water villas and 90 beachfront villas, the Resort is being offered for sale with the benefit of rental income from a sublease interest which expires in May 2020. At the conclusion of the sublease, the Resort will offer significant reversionary opportunity for an investor to renegotiate terms of the sub-lease or operate the Resort under the terms of a management agreement.
Reethi Beach Resort represents an exceptional opportunity for an investor to acquire a fully developed resort in one of the world’s most pristine island destinations.