Coldwell Banker Richard Ellis (CBRE) the world’s largest commercial real estate services and investment firm said the investor demand for the Maldives has been on the rise in light of surging tourist arrival numbers.
CBRE has said that the destination’s demand among global investors were rising since the Maldives amended its Foreign Direct Investment (FDI) policy in 2020.
It further said that the country is identified as a top-tier tourism destination with potentially strong returns on investments in the hospitality industry.
The firm also noted that Maldives was the fastest in tourism industry recovery after the Covid-19 global pandemic which had further increased investor interest. Moreover, the country’s priority towards environmental preservation, sustainable tourism, and enforcing investor safety are major reasons why investors are seeking opportunities in the Maldives.
Additionally, CBRE said that investors were beginning to show more interest towards Maldives compared to one of the most popular international tourism destinations in the Asian continent; Bali.
CBRE’s Head of Residential Sales, Praphinleeya Phuengkhuankhan said that the Maldives is becoming a population destination among investors due to its unique geographical landscape. She also noted that financiers are primarily interested in investing in major hospitality brands or in individual villas that carry more than 7% in investment returns.