Private Island Sales > Olhuvelhi & Embudhufushi Islands

Aquire a Luxury Private Island in the Maldives

Size: Approx. 6 and 11 Hectares Respectively

Location: Maldives, Dhaalu Atoll

Olhuvelhi and Embudhufushi are two islands sharing the same lagoon located in the Dhaalu Atoll. Other resort islands located in this atoll are Filitheyo and Angsana Velavaru. The distance from Malé is 180 km (approx. 40 minutes by seaplane). Embudhufushi and Olhuvelhi Islands are 658 meters and 980 meters in length respectively, with Embudhufushi being the larger of the two. The land area of Embudhufushi is about 11 hectares, Olhuvelhi's approximately 6 hectares. There is potential for building up the beaches on both islands. After the beach enhancement Olhuvelhi will be approx. 9 hectares and Embudhufushi 13 hectares.

For the time being transfers would be by seaplane, however, as per Government plans, an airstrip is expected to be built on an adjacent island within the next 2 years, enabling night transfers on larger regional planes.

Originally, allocation was given for 110 rooms, now permission has been granted for 150 rooms. The islands are subleased from MTDC for 23 years.

• Advance rental of US$12,700,000 paid
• Detailed survey done
• Environmental Impact Assessment done
• Application to increase to 150 rooms approved
• About US$1,500,000 spent on mobilization – architectural concepts, water tanks, fuel tanks, site generators, staff accommodation and site offices, 2 warehouses, heavy construction equipment (2 excavators, 4 lorries, etc).

The asking price is US$25,500,000 for both islands, including all the advances paid, all the items procured for mobilization and rights to all surveys, studies and master plans done so far.

Given below are the details of the current concept configuration for the proposed Olhuvelhi Island & Embudhufushi Island Resort at Dhaalu Atoll, Maldives:

130 rooms on two islands, average room size 65 sq m

Olhuvelhi Island - 5 Star Resort

• 86 rooms in total on Olhuvelhi Island
• 30 Beach Villas
• 10 Beach Villas with Pool
• 4 Beach Suites
• 40 Water Bungalows with Pool
• 2 Water Suites
• 3 Restaurants
• 2 Bars
• Swimming pool
• Spa with 8 Treatment Rooms

Embudhufushi Island - 4 Star Resort

• 44 Standard Beach Villas
• 3 Restaurants
• 1 Bar
• Pool

Note: Both Islands share the same staff quarters and back-of-house facilities, such as water plant, generators, etc.

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