Zitahli Kuda Funafaru Resort & Spa (Zitahli Resorts & Spa Kuda-Funafaru Noonu Atoll) - SOLD

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Sold for 31,000,000 USD Date of Sale: May 2016
Rooms: 50
Price Per Room: 620,000 USD
Property Id : 29113

Jones Lang LaSalle Property Consultants Pte Ltd has been exclusively retained by AAA Group (the “Owner”) to offer for sale the Zitahli Resort & Spa Kuda-Funafaru (the “Resort” or “Property”) situated in South Miladhunmadulu Atoll (“Noonu Atoll”), the Republic of Maldives.

Set within the sheltered, crystal clear waters of Noonu Atoll, Zitahli Resort & Spa Kuda-Funafaru is accessed via a scenic 45-minute seaplane flight from Malé International Airport. Surrounded by untouched reefs, turquoise waters and pristine beaches, the Resort opened in 2008 and features 50 spacious and contemporary guest villas including 30 over-water villas perched above the azure lagoon and 20 beach villas dotting the coastline of Kuda-Funafaru Island.

Offered unencumbered by brand and management, the Resort represents a unique opportunity for an investor to acquire an operating luxury resort in one of the world’s most desirable island destinations with the flexibility to explore an array of management and branding strategies.

Detailed information on the Resort, including financial, legal and property information, 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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