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The Small Maldives Island Co puts Ifuru Resort and Funadhoo up for sale

The Small Maldives Island Co puts Ifuru Resort and Funadhoo up for sale

Megha Paul

- May 4, 2020

The Small Maldives Island Co (TSMIC) has announced the sale of Ifuru Resort, nestled in Raa Atoll, a secluded enclave in the north of Maldives that comes with its own operational airport. The sale also includes a virgin island, Funadhoo.

With a lease period of 50 years, this enticing property encompasses a spacious land area of 56.52 hectares. This resort offers an excellent return on investment; particularly due to the unique efficiencies offered by an airport being located on the same island.

“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,” said Jason Kruse, general manager of Amilla Maldives Resort and Residences. The villas have been positioned for optimum views and privacy on a 7.5 hectare swathe of the island. With a total of 150 villas, they comprise of six twin villas, 100 duplex villas, 35 beach villas and nine beach villas with pool. This creates a maximum bed capacity of 300.

Ifuru Airport has been operating since 2015, and is currently managed by Island Aviation Services, which owns the country’s flagship carrier.

May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

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The Small Maldives Island Co puts Ifuru Resort and Funadhoo up for sale

Megha Paul

- May 4, 2020

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May we all strive to emulate her virtues and remember that true wealth lies in the depth of our character, the sincerity of our actions, and the impact we have on those around us.”

Stay riveted for our next gala event, The Brand Travel Daily Media Travel Excellence Awards that recognizes and celebrates the outstanding achievements of companies and individuals in the travel, airline, and hospitality industry. They are scheduled to take place in 11 October, 2024

For inquires, to attend or sponsor next awards, kindly email here: Gary@traveldailymedia.com

If you know of any female leaders or up and coming superstars in the Travel and Hospitality industry you would like to nominate, please visit our page and complete a nomination form!
The prestigious IWTA Awards 2024 Award Winners are listed below:

content studio box

…there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign.

We can also organise a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats