MMaldives Real Estate RentalBrowse all

? Prime Development Plot for Lease 10 & 20 Year Options Available ( Addu - Ma -->

Addu City

Price

MVR 5,000

? Prime Development Plot for Lease 10 & 20 Year Options Available ( Addu - Ma --> — Addu City
? Prime Development Plot for Lease 10 & 20 Year Options Available ( Addu - Ma --> — Addu City
? Prime Development Plot for Lease 10 & 20 Year Options Available ( Addu - Ma --> — Addu City
Land
Type
Bedrooms
Bathrooms
2,433 sqft
Size

Description

An excellent opportunity to lease a versatile plot with full development rights under a flexible long-term agreement. Perfect for investors, entrepreneurs, and anyone looking to build for the future. ? Plot Size: 2,433 Sq Ft ?️ Development Arrangement: Build & Operate The tenant constructs at their own expense and has full use of the property throughout the lease period. ? Ideal For: Residential House • Retail Shop • Café • Warehouse • Office • Mixed-Use Commercial Development ? Lease Options ⏳ Option 1 – 10-Year Lease ? Starting Rent: MVR 5,000/month (Year 1) ? Annual Escalation: 5% ⏳ Option 2 – 20-Year Lease ? Starting Rent: MVR 5,000/month (Year 1) ? Annual Escalation: 4% (Negotiable for serious long-term tenants.) ? Upfront Payment • 1 Month Advance Rent • 1 Month Refundable Security Deposit ✨ Whether you’re planning to build a family home, launch a business, or develop a commercial property, this plot offers the flexibility and long-term security to bring your vision to life. ✨