We are pleased to present a rare, off-market investment opportunity in one of the Maldives’ most strategic and sought – after locations – Maadhunifaru Lagoon, located in the prestigious North Malé Atoll. This expansive lagoon spans approximately 350 hectares, encompassing five islands with a combined land area of 29 hectares.
Among the five islands, Maaranfushi is home to the fully operational Oaga Art Resort, a contemporary 5 star resort that began operations in late 2022. The remaining four islands — Hastheem, Nashvillu, Kanbaasha, and Dhonfushi — remain undeveloped, offering exceptional flexibility for future hospitality, wellness, or private estate concepts. This portfolio is offered with multiple acquisition options:
Entire Lagoon: Inclusive of all five islands and the developed resort
Oaga Art Resort: As a standalone transaction
Individual or Selected Islands: Subject to interest and negotiation
The asset is held under a long-term head lease from the Government of Maldives with an initial term of 50 years, of which 41 years remain, and is eligible for an extension of up to an additional 50 years. With its proximity to Velana International Airport, natural exclusivity, and scalable development potential, this offering presents a unique opportunity for investors seeking prime hospitality, lifestyle, or legacy assets in the Maldives.
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