Asking Price: USD 900,000

Note: The asking price does not include the land.

Located on the popular local island of Ukulhas in Alifu Alifu Atoll, Rivethi Veyli is an established and operational guesthouse business situated in one of the Maldives’ most sought-after local tourism destinations. Ukulhas is renowned for its pristine white sandy beaches, excellent house reef, strong year-round tourist arrivals and convenient speedboat access from Velana International Airport, making it a preferred destination for both leisure travellers and guesthouse investors.

Please note that this is not a freehold land sale. The opportunity includes the sale of the guesthouse building, business leasehold interest, fixtures, furniture, equipment and inventory. The property currently operates as a fully furnished guesthouse with 20 guest rooms and is being offered as a turnkey hospitality business. The land is held under a long-term lease arrangement with 20 years remaining. Current land rent is MVR 18,000 per month, increasing to MVR 20,000 per month during the final 5 years of the lease term.

Property Details

20 guest rooms in total

Fully furnished guesthouse operation

Operational hospitality business

Furniture, fixtures, equipment and inventory included

Air-conditioned guest rooms

Cable TV in guest rooms

Selected rooms equipped with safes and mini refrigerators

Established presence in a popular tourism destination

Lease Information

20 years remaining on the current land lease

Current land rent: MVR 18,000 per month

Land rent increases to MVR 20,000 per month for the final 5 years

This is a rare opportunity to acquire an established and operational guesthouse business in Ukulhas, with the building, furnishings, equipment and inventory included under a long-term leasehold structure. The property offers immediate operational potential for investors seeking entry into the Maldives’ thriving local island tourism sector.

📞 If you are interested, please give us a call at +960 7224848, send a message to any of our social media pages, or leave a comment below with your contact number.