Prices Starting from MVR 1.6 Million

This exceptional property is located in a quiet residential area with easy access to the main road. The building consists of 7 floors: Ground, 1st, 2nd, 3rd, 4th, 5th, 6th, and a Terrace. The Ground to 3rd floors are already rented out for MVR 13,000 per month, offering immediate rental income to prospective buyers.

This is a great opportunity for buyers seeking a completed and income-generating property with long-term value appreciation, as well as for those looking to invest in finishing upper-floor units through a staged payment plan.

Property Features:

Ground to 3rd floors are fully finished and tenanted

4th to 6th floors and terrace will be completed within 6 months by Premier Property (by January 2026)

Exterior elevator shaft will be constructed; lift access begins from the 2nd floor

Approximate usable area per apartment: 550 sqft

Access via a 26-foot long, 5-foot wide lane, which will be enhanced with a garden area

Pricing:

Ground to 3rd Floors: MVR 1.6 million

4th to 6th Floors: MVR 1.8 million

Terrace Floor: Buyer has the option to customize as a 1-bedroom or 1+1-bedroom unit

Payment Options:

Full payment upfront

Six equal payments, with the final payment due before handover

Note: Bank loans are not accepted. Buyers must use their own funds

Important Considerations:

Ground to 3rd floors do not receive natural light

Floors above the 3rd receive natural light, though future buildings nearby may impact this

All finishing works expected to be completed by January 2026

If you are interested in purchasing or would like more details, please contact us at +960 7792480, send a message via our social media pages, or leave a comment below with your contact number. We’d be happy to schedule a site visit or provide additional information.