Unfurnished 3+1 bedroom apartment for sale in Manaage Residence, 5th Floor, Maaveyo Magu, Macchangoalhi, Male'

Discover an exceptional opportunity to own a spacious 3+1-bedroom apartment in Manaage Residence, ideally located on Maaveyo Magu in the heart of Macchangoalhi, Male'. This central location offers excellent connectivity to key commercial areas, offices, schools, healthcare facilities and daily conveniences—making it a highly desirable address for both homeowners and investors seeking long-term value in the capital.

Price & Payment Plan

The total sale price includes all legal and administrative charges. The payment structure is as follows:

• Upfront payment: MVR 1,000,000
• Remaining balance: Payable within 12 months (can be settled using own funds or a bank loan)

Ownership transfer will take place only after the full payment is settled.

Important Lease Information (Please Read Carefully)

The apartment is currently rented out for MVR 39,500 per month, with the existing lease valid until May 2027. The new owner is required to honor the existing tenancy agreement until its expiry.

This means the buyer will receive immediate rental income from day one. Once the full purchase price is settled, the tenancy agreement will be formally transferred under the new owner’s name, ensuring a seamless transition and uninterrupted return on investment.

About Manaage Residence

Manaage Residence is a prominent 15-storey condominium offering a refined residential experience in one of Male'’s most central neighbourhoods. Designed with spacious layouts and contemporary finishes, the building provides residents with privacy, security, and premium shared amenities.

Building Amenities:

• Basement parking
• Fully equipped gym
• Terrace-level swimming pool
• 24-hour security with CCTV surveillance

Apartment Details

The unfurnished apartment is located on the 5th floor and offers generous internal space with the following features:

• 3 bedrooms plus 1 maid room with attached bathrooms
• Fully air-conditioned
• Water heaters installed
• Open kitchen plan with separate laundry area
• Access control system installed
• Large balcony in the living room
• Large private balcony in the master bedroom
• Two elevators
• Garbage disposal facility on the same floor
• Gym and swimming pool access
• 2 dedicated motorbike parking spaces

📞 Interested? Please contact Hussain at +960 7792480, send us a message via any of our social media pages, or leave a comment below with your contact number.