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Government to Permit Guesthouses Reopening from 15th October 2020

Aerial view of guesthouses in thulusdhoo, Maldives
Ministry of Tourism has revealed the government will permit reopening of guesthouses from 15th October 2020.

Ministry of Tourism has revealed the government will permit the reopening of guesthouses from 15th October 2020. According to the ministry, the issuing of the permit will be based on consent from Island Council. Meanwhile, guesthouses need to follow the guidelines by the Health Protection Agency (HPA) and Health Emergency Operations Center (HEOC).

Meanwhile, HPA has made it mandatory for all tourists and short term visitors to the Maldives to present a negative PCR certificate on their arrival. This measure will come into effect from 10th September 2020. Likewise, guesthouse tourism was originally due to recommence in August 2020. However, it was delayed as an extra precaution.

COVID-19 facilities with testing, isolation, and hospitalization capabilities have been established in different regions across the Maldives. Meanwhile, Response measures, guidelines, and protocols have been prepared and put in place, on par with international standards and requirements.

With the majority of COVID-19 cases predominantly based in the capital city of Male’, it is important that the country’s COVID-19 risk status be assessed in light of this population density in the urban areas. The population density in Male’ City is vastly higher than any of the other islands in the country.

Since the country’s first guest house was opened in 2008, the industry has grown tremendously. Although, COVID-19 has had an immense impact on the socio-economic lives of Maldivians and everyone associated with its tourism industry. Likewise, any sudden changes to the Maldives’ risk level have a significant impact on the industry’s ability to attract visitors and therefore, the rest of the economy.

Currently, a select number of resorts and liveaboards are open for tourism in the Maldives. The reopening of guesthouses would mark as a major step towards reviving the economy. The small guesthouse businesses in the Maldives have been immensely affected by the global pandemic.

Feature image by Season Paradise Maldives
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The Coral Residences at Kandima: Own Your Exclusive Private Oceanfront Sanctuary

The Coral Residences at Kandima - Maldives luxury beachfront apartments with private terraces and ocean views for sale

Looking to invest in a luxury oceanfront property in the Maldives that offers a perfect blend of lifestyle, exclusivity, and financial return? The Coral Residences at Kandima Maldives presents a rare opportunity to own a five-star serviced apartment on the sun-kissed shores of Dhaalu Atoll. Scheduled for completion in early 2026, this unique real estate offering invites you to enjoy private ownership while gaining full access to the experiences and amenities of one of the Maldives’ most dynamic island resorts. Whether you seek a stylish holiday escape or a high-yield investment, The Coral Residences aims to deliver both.

Developed by Pulse Hotels & Resorts, a hospitality brand renowned for its intelligent, guest-focused concepts, The Coral Residences benefits from the backing of Deep Blue Private Limited, a leading force in Maldivian tourism and infrastructure. With a track record that includes award-winning resorts, Dhaalu Airport, and Manta Air, the development rests on solid expertise, thus ensuring long-term value and peace of mind for discerning investors.

What Makes The Coral Residences Unique?

The Coral Residences forms an integrated beachfront community of 40 exclusive two- and three-bedroom apartments designed for modern island living. Each home offers uninterrupted views of the Indian Ocean, thoughtfully planned interiors, and expansive terraces perfect for soaking in tropical sunsets.

Key Features at a Glance:

  • 2 or 3-bedroom apartments (215–250 sqm)
  • Panoramic oceanfront views
  • Exclusive pool and club house access
  • Contemporary interiors with natural light
  • Generous outdoor terraces and balconies

These residences lie along Kandima’s northern shoreline, offering privacy while keeping you connected to the island’s vibrant lifestyle.

Ownership That Works for You

Owners receive strata title leasehold ownership, which the Maldivian government registers and renews under local regulations. The developer sells apartments on a fully maintained, hassle-free basis. Furthermore, owners can resell or transfer their units, subject to the lease terms.

Your Benefits as an Owner:

  • 30 days of complimentary use annually
  • Rental income while you’re away (mandatory program)
  • Minimum guaranteed return of 6% for 5 years
  • No maintenance or operating costs
  • Quarterly payouts, net of expenses
  • Full use of Kandima’s resort facilities

Ownership also includes lifestyle and investment perks designed specifically for international buyers.

Can You Earn Income from Your Property?

Yes. Apartments enroll in a mandatory rental program that generates income whenever you are not in residence. This program guarantees a 6% net return for five years. After that period, owners continue to earn a 50% share of pooled rental revenue.

Moreover, Kandima Maldives manages every aspect of property ownership, from guest bookings to maintenance, so you enjoy a fully passive investment with consistent income potential.

Owner Usage and Stay Privileges

Owners of the Coral Residences at Kandima receive 30 complimentary nights annually, including up to 7 nights during peak season (Dec 22 – Jan 15). You must book these stays in advance (180 to 365 days depending on season). Additionally, you may transfer your entitlement to friends or family upon request.

This usage structure ensures that you enjoy the property personally while maximizing its rental performance.

What Kind of Lifestyle Awaits You at Kandima?

As an owner, you gain full access to Kandima Maldives’ extensive amenities, a world-class resort that blends luxury with play:

Island Amenities You Can Enjoy:

  • 10 restaurants and bars with global cuisine
  • Award-winning esKape Spa
  • Full-service water sports and dive center
  • Tennis, badminton, and football courts
  • 24/7 fitness pavilion with private pool
  • Beach clubs and family-friendly zones

Whether you want to unwind or explore, Kandima offers something for every lifestyle.

Thinking Practically: What Should You Know?

Before purchasing property in the Maldives, international buyers usually ask:

  • Can foreigners buy here?
    Yes. Foreigners can buy leasehold strata title property at The Coral Residences under Maldivian law.
  • Is the property fully managed?
    Yes. Kandima Maldives manages the property entirely, including upkeep, guest services, and rental operations.
  • What is the starting price?
    Units begin at USD 1.2 million, depending on layout and location.
  • Do I need a visa?
    Most nationalities receive visa-free entry on arrival. Extended stays or residency options are available separately.
  • Can I customize my unit?
    To maintain quality and brand consistency, the developer sells units with a standardized design package. Customization is not offered.

Final Thoughts: Is Coral Residences Right for You?

If you explore Maldives property investment opportunities that offer both personal enjoyment and solid returns, The Coral Residences at Kandima presents a unique proposition. With its beachfront location, fully managed rental income, and world-class resort facilities, this option offers more than just a place to stay. It represents a secure investment in one of the world’s most exclusive destinations.

Ready to own a beachfront residence in the Maldives? Discover more about investing in The Coral Residences at Kandima. Visit their website for more details: www.coralresidencesmaldives.com

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