Five islands at the Crossroads Maldives that are currently vacant has been once again announced for sale.

The islands were first put for sale on October 1st, 2021.

Singaporean real estate company JLL Hotels and Hospitality Group announced the sale. JLL Hotels stated that these islands represent an exceptional opportunity for investors to acquire and develop a resort, or resorts, to their own bespoke specifications and secure a foothold in the resilient hotel market of the Maldives, one of the best performing resort markets in APAC throughout the pandemic.

The islands are offered individually or collectively on an as-is basis, allowing full flexibility for investors to design and scope each island according to their bespoke specifications and requirements. Additionally, if desired, there is an opportunity to collaborate with the subsidiary of the Vendor, Singha Estate Public Company Limited, as development partners.

JLL Hotels and Hospitality did not mention the minimum lease acquisition cost for the islands in the announcement.

Crossroads Maldives encompasses a total of nine islands, 7 kilometers of coral reefs, the largest privately-owned marina, over 4,000 cubic meters of retail space, cultural center and an array of marine life activities.

It is a 15-minute speedboat ride away from Male’ City and the Velana International Airport.