LAAMU INTEGRATED GUEST HOUSE PROJECT O1 MALDIVES WELCOME TO LAAMU BARESDHOO INTEGRATED GUEST HOUSE PROJECT
Laamu Baresdhoo integrated guest house project, a realisation of President Yaameen Abdul Gayyoom’s vision for the guest house project outline in the PPM tourism manifesto is the first of its kind in Maldives. The project is aimed at diversifying the tourism product of Maldives by catering to the middle market segment and boost the socio-economic development by engaging local Small Medium Enterprises in the tourism sector of Maldives.
This document will offer a highlights of the investment opportunities.
COMMON INFRASTRUCTURE
The project is planned to be developed with common infrastructure elements including but not limited to electricity, sewerage, water, waste disposal and harbour services to ensure that investors are able to simply kick off their own individual ventures without having to concern themselves with infrastructural issues. LAAMU INTEGRATED GUEST HOUSE PROJECT O2 03 MALDIVES MALDIVES
MAL’E ATOLL
VELANA INTERNATIONAL AIRPORT
LAAMU ATOLL
ISLAND NAME : BARESDHOO ATOLL AREA : 72.5 HACTARES
ACCESIBILITY :
FLIGHT FROM VELANA INTERNATIONAL AIRPORT TO KADHDHOO. LAAMU INTEGRATED GUEST HOUSE PROJECT O4 05 MALDIVES
L.BARESDHOO
KADHDHOO AIRPORT
LOCATION
The strategic location for the project is Hahdhunmathi (Laamu) atoll.
Baresdhoo, located in Laamu Atoll, is a renowned hotspot for fishing and diving. The domestic airport is a 5-minute boat ride away from Baresdhoo, following a 40-minute flight from Velana International Airport to kadhdhoo. INVESTMENTS IN HOSPITALITY
Proposed development plan of the project are aimed at developing various platforms for investments; mainly hotels and guest houses.
Additionally, the project also creates a range of options to invest in complimentary services, allowing investors the opportunity to capitalise on the middle market - one of the largest segments in the global travel and tourism sector. Each property type is to be positioned to cater to the specific requirements and needs of the expected demand generators.
The project offers a wide range and depth of opportunities for potential investors supported by key sub-elements, all of which are expected to induce growth and attain sustainability in the region. The development of the project will be undertaken by MITDC to ensure the continuity targeted towards a grand opening that delivers a full and completed project to the investors. However, investors will have the opportunity to customize their property. Investors are to pay a monthly rental fee and operate their property at Baresdhoo. LAAMU INTEGRATED GUEST HOUSE PROJECT O6 07 MALDIVES BEACH HOTEL
MID MARKET PROPERTIES LAND AND OVER WATER ROOMS
There are two key areas earmarked for mid-market development and are expected to be the leading hospitality assets of Baresdhoo. Each of these proposed hotels will have an area of 4 hectares with exclusive beach and lagoon. One of these will be the only property in the project allowed to develop overwater villas. Both of these sites are perfectly positioned for the development of beach hotels catering to the leisure demands generated from Baresdhoo.
SITE INFORMATION SUMMARY
LOCATION BEACH FRONT
INVESTMENT MONTHLY RENT / LONG TERM LEASE
NO. OF LOTS 2
NO. OF ROOMS PER LOT 100
25M2
FACILITIES RESTAURANT | SPA | WATER SPORTS | RECREATIONAL AREA
SWIMMING POOL
INVESTMENT OPPORTUNITY LAAMU INTEGRATED GUEST HOUSE PROJECT O8 09 MALDIVES
GUEST HOUSES
MID MARKET PROPERTIES
THE PROJECT OFFERS GUEST HOUSES OF 10,000 SQFT AND 5,000 SQFT
INVESTMENT OPPORTUNITY GUEST HOUSES MID MARKET PROPERTIES
10,000 SQ FT
Beach front plots each measuring 10,000 square feet will be an excellent opportunity for the development of boutique style beachfront guesthouses, each hosting 60 rooms. The proximity to central common areas is especially thought to be conducive for the operation of beach front outlets.
SITE INFORMATION SUMMARY
LOCATION BEACH FRONT
INVESTMENT MONTHLY RENT / LONG TERM LEASE
NO. OF LOTS 10
NO. OF ROOMS PER LOT 60 MAXIMUM
12 M2
FACILITIES SWIMMING POOL | CAFÉ | SPA |
INVESTMENT OPPORTUNITY LAAMU INTEGRATED GUEST HOUSE PROJECT 10 11 MALDIVES
GUEST HOUSES MID MARKET PROPERTIES
5,000 SQ FT
Beach front plots each measuring 5,000 square feet with 35 rooms are aimed towards attracting smaller investments providing an excellent opportunity for the development of beachfront boutique hotels
SITE INFORMATION SUMMARY
LOCATION BEACH FRONT
INVESTMENT MONTHLY RENT / LONG TERM LEASE
NO. OF LOTS 24
NO. OF ROOMS PER LOT 35 MAXIMUM
12 M2
FACILITIES SWIMMING POOL | CAFÉ | SPA |
INVESTMENT OPPORTUNITY All sub-sector developments are now planned to be leased for substantially small rental values on a profit sharing basis, with full management rights given to the operators.
BEACH CLUB
Three plots are dedicated for the development of beach clubs each measuring 5000 square feet, with the potential to offer activities ranging from leisurely dining with live music as entertainment to fun filled activities.
LOCATION BEACH FRONT INVESTMENT MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 3
DIVE CENTER
The operation of dive centres is one of the most profitable ventures throughout the country. Baresdhoo has assigned 3 locations for the development of dive centres, all in the service island.
LOCATION BEACH FRONT INVESTMEN MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 3
INVESTMENT OPPORTUNITY LAAMU INTEGRATED GUEST HOUSE PROJECT 12 13 MALDIVES
SPECIALTY RESTAURANTS
Eleven lots are proposed for the development of specialty restaurants offering lucrative investment opportunities. High yields are expected to be met by serving the culinary demands from visitors to Baresdhoo.
LOCATION WITHIN THE ISLAND INVESTMENT MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 11
SPA & WELLNESS CENTERS
Spas and wellness centres are now part of the modern travellers’ itinerary. To capitalise on this, 3 lots are proposed for the development of such centres within the island. Profitable operations are once again expected from visitors to the island.
LOCATION WITHIN THE ISLAND INVESTMENT MONTHLY RENT / LONG TERM LEASE NO. OF LOTS 3
INVESTMENT OPPORTUNITY LAND USE PLAN CONCEPT
BEACH HOTEL
GUEST HOUSE
MOSQUE
CONVENTION CENTRE
DAYCARE CENTRE
ARCADE/BOWLING
COMMERCIAL
RESTAURANTS
BOTANICAL GARDENS
FOOD COURTS
PAINT BALL ARENA/STATION
BEACH BAR/CLUB
SPA AND WELLNESS CENTRE
DIVE CENTRE
WATER SPORTS
SQUASH COURT
WATER BODY/WATER THEME PARK
MUNICIPAL
ARRIVAL LOUNGE/RESTAURANT
UTILITIES
AMPHITHEATRE
LIBRARY/CULTURAL MUSEUM
GYM/ INDOOR SPORTS
AGRICULTURAL ZONE
ARCHERY/SHOOTING RANGE
CHILDREN’S PARK
OPEN/GREEN SPACES
CINEMA/ THEATRE
STAFF VILLAGE
ROAD/PARKING
LIGHT INDUSTRY/WAREHOUSE LAAMU INTEGRATED GUEST HOUSE PROJECT 14 15 MALDIVES
OTHER DEVELOPMENTS FOR OPERATORS AND INVESTORS
There are a number of other developments planned Baresdhoo will have two playing fields and two not only as a means of revenue but also aimed at mosques that will be not be leased but maintained offering an all-encompassing holiday experience with the cooperation and contribution of operators to visitors – assuring repeaters and marketing via and investors. word of mouth. The objective is to ensure that this novel project meets or exceeds the expectations of stakeholders.
With these objectives in mind the following is a list of common attractions aimed at visitors.
ARRIVAL LOUNGE/RESTAURANT STAFF ACCOMMODATION BLOCKS TYPE A
WATER SPORTS
STAFF ACCOMMODATION BLOCKS TYPE B
ARCADE/BOWLING STAFF COMMUNITY CENTRE
DAY CARE CENTRE STAFF LAUNDRY
EXECUTIVE BUNGALOWS
FOOD COURT/MESS/ CANTEEN CLINIC / MEDICAL CENTRE
PAINTBALL ARENA
SQUASH COURT
GYM/INDOOR SPORTS
ARCHERY/SHOOTING RANGE
CINEMA/THEATRE
LAAMU BARESDHOO INTEGRATED GUEST HOUSE PROJECT