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

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.

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