The Small Maldives Island Co. Offers Raa Ifuru Island Resort For Sale

Ifuru Island Resort, a secluded enclave located in Raa Atoll of Maldives is up for sale by The Small Maldives Island Co. Included in this offer is an operational airport and a gorgeous virgin island.

With a lease period of 50 years, Ifuru Resort encompasses a spacious land area of 56.52 hectares. This enticing property features 150 stunning villas scattered on a 7.5-hectare swathe of the island. The villas come as 06 Twin Villas, 100 Duplex Villas, 35 Beach Villas and 09 Beach Villas with Pool. The resort offers an excellent return on investment due to the unique efficiencies offered by an operational airport being located on the same island.

Established in 2015 with a 1200m runway, Ifuru Airport is a domestic airport. The airport is currently managed by Island Aviation Services, Maldives.

Nestled amidst the pristine waters of Baa Atoll, the virgin island included in this offer is available for a lease period of 50 years. Funadhoo Island offers a total of 11.69 hectares of virgin land with the capacity of accommodating around 90 villas with the concept available.

Whilst we have paused our operations, our sales and marketing team have been busy pivoting our business and now we are selling Residences at Amilla. Along with selling a brand-new Maldives island resort with its own airport called Ifuru Resort in Raa Atoll Maldives.”
Jason Kruse, General Manager of Amilla Maldives Resort and Residences

In addition to that, Amilla Maldives Resort and Residences is offering spectacular beachfront residences for sale too. Structured upon a sublease basis, Residence ownership lease will last for the duration of the lease of Amilla Fushi between Coastline Group of Hotels and the Maldivian government.

08 sublime Amilla Residences comes as 06 four-bedroom residences, 01 six-bedroom residence and 01 eight-bedroom residences. Each residence offers a vast living area, spacious bedroom suites, a private beach front pool along with the gorgeous views of the Indian ocean. In addition to full access to the resort, dedicated staff, a kitchen and private golf buggies will also be available for the Residence Owners.

MIC Group announces the appointment of Mohamed Nisham as its new Chief Financial Controller, a strategic move aimed at enhancing the company’s financial operations. Nisham, a seasoned professional in financial management within the hospitality sector, brings significant expertise in areas such as financial strategy, automation, and improving operational processes. In his new role, he will oversee the financial operations across all business divisions, working to ensure both growth and financial stability for the company.

Ali Shakir, Group General Manager at MIC Group, expresses his enthusiasm about the appointment, commenting:

“At MIC Group, we uphold a strong commitment to operational excellence, and Nisham’s appointment further strengthens our dedication to financial discipline and innovation. His proven expertise in financial automation and strategic budgeting will play a crucial role in optimizing our financial performance and driving sustainable growth.”

Nisham holds an MBA in Accounting & Finance from the University of Suffolk and has built a remarkable career in financial leadership within the luxury hospitality industry in the Maldives. His experience includes expertise in financial planning, cost control, and regulatory compliance. Prior to this role, Nisham served as the Financial Controller at Oaga Art Resort, where he played a key role in enhancing the resort’s financial structure. Additionally, his previous positions at Amilla Maldives and Anantara Kihavah Villas further highlight his skill in managing finances at high-profile luxury properties.

Sharing his thoughts on his new role, Nisham remarks:

“I am thrilled to be part of MIC Group and contribute to its ongoing growth and financial excellence. My focus will be on optimizing financial strategies, enhancing operational efficiency, and ensuring long-term sustainability. I look forward to collaborating with the talented team to refine our operations and create exceptional value.”

Known for its world-class service in the hospitality and catering sectors, MIC Group operates the Maldives Inflight Kitchen and provides catering for a range of international airlines and private jets. Additionally, the group manages Hulhule Island Hotel, the only hotel located at Velana International Airport, and Madifushi Private Island Maldives in Meemu Atoll.

The Small Maldives Island Co. Offers Raa Ifuru Island Resort For Sale

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