It’s all about the location of your potential property!

When you consider investing in real estate, the best advice we can offer anyone is to consider where the property is located.

The location affects the price more than any other, including the size, features or property age. It’s also the reason a 1000 square feet beachfront property in Hulhumale’ might sell for a much higher price than a 3,000 square feet property inland.

It’s also the reason MVR 5 million buys you a large 3+1 bedroom apartment in the Greater Male’ area but the same amount can fetch a 10,000 square feet land plot in a local island.

The biggest price factor is actually the main cities in Maldives. However, other considerations also affect the sale price.

Commuting time also plays a major factor in the price, including distance to an airport, hospitals and schools. Also parks and shopping proximity and other features can also play into an area’s location-based values.