Project 801

Male / Male / Dhidhi Goalhi

Project Details

  • Project Type: Residential
  • Situation: Under Construction
  • Office Name: Avertiss Real Estate
  • Min Area: 200 m2
  • Max Area: 250 m2
  • Minimum Price: $ 1,200,000
  • Maximum Price: $ 1,800,000

Description

Coral Residences, Kandima Maldives – Luxury Beachfront Investment Property

 

Coral Residences offers a collection of 40 exclusive beachfront apartments on Kandima Island, blending five-star island luxury with a high-yield investment opportunity.

 

Project Overview – Your Private Slice of Paradise

 

Nestled in the shimmering blue heart of the Maldives, Coral Residences is a first-of-its-kind integrated beachfront residential community on Kandima Island. Located in the pristine Dhaalu Atoll, the resort island spans three kilometers of lush tropical beauty and is accessible via a scenic 40-minute seaplane flight from Malé International Airport. The Coral Residences at Kandima comprise just 40 luxury apartments (two- and three-bedroom units) on the island’s northern shore, offering buyers the privacy and comfort of a home with full access to all the amenities and services of a five-star resort. This unique setup allows owners to dip in and out of a dream – retreat to the tranquility of their own residence or step out the door into a world of resort adventures, truly “the best of both worlds” .

 

Positioned adjacent to the renowned Kandima Maldives resort, Coral Residences enjoys an unrivaled location directly on a white-sand beachfront with panoramic lagoon views. Each residence is bathed in natural light and oriented to capture unobstructed vistas of the Indian Ocean. The setting is ultra-exclusive, with only 40 residences available, owners join a select community that values both luxury and privacy. From the moment you arrive on the island, greeted by swaying palms and turquoise waters, it’s clear that Coral Residences offers your own personal slice of paradise. Whether you’re snorkeling vibrant reefs at dawn or enjoying a sunset from your expansive terrace, life at Coral Residences promises the quintessential Maldivian idyll coupled with modern sophistication.

 

Investment Highlights – Guaranteed ROI and Smart Ownership

 

Investing in Coral Residences isn’t just about acquiring a stunning holiday home – it’s a savvy investment offering solid returns and peace of mind. Key investment highlights include:

  • Guaranteed Rental Returns: Enjoy a guaranteed ROI of 6% per annum (net) for the first 5 years of ownership. This foreign-owned real estate with guaranteed ROI program ensures you earn income from day one, backed by the developer’s rental guarantee (net of expenses, pre-tax).

  • Rental Revenue Share: After the guaranteed period, participate in an advantageous revenue-sharing model – owners receive 50% of the net rental revenue from their apartment when it’s rented out through the resort’s program. The professional resort management maximizes occupancy and handles all bookings, so your property generates income seamlessly while you’re away.

  • Hassle-Free Ownership: Coral Residences is a fully managed island residenceall maintenance, upkeep, and guest services are handled by the on-site management team . Owners enjoy truly hands-off ownership, knowing that their Maldives home is cared for year-round without any effort. Rental income is disbursed quarterly to owners, making this a worry-free investment.

  • Personal Use Privileges: As an owner, you aren’t just an investor – you’re a privileged guest. Enjoy up to 30 days of free personal use of your apartment per year (with a maximum of 7 nights during the festive peak season). This means you can vacation in your own Maldives property each year, and let it earn income for you the rest of the time. There are no blackout dates outside the peak holiday weeks, offering flexibility for your visits.

  • Strata Title Foreign Ownership: Ownership is via strata title on a long-term leasehold, fully registered with the Maldivian government. This secure structure allows foreign investors to legally own Maldives real estate – a rarity in the Maldives. Your rights as an owner are protected and recognized by the Ministry of Tourism, and you have the ability to resell or transfer the property in the future (subject to lease terms).

  • Pre-Sale Pricing & Capital Upside: Early investors benefit from exclusive pre-sale pricing, with two-bedroom units starting at approximately USD 1.2 million during the pre-launch phase. This limited-time pricing is below future market value, providing built-in equity potential. As the development nears completion (expected by Q3 2025 ), prices are anticipated to rise, so early buyers secure the best value. With only 40 units in total, the limited supply and high international demand for Maldivian resort real estate suggest strong potential for capital appreciation on your investment.

 

In summary, Coral Residences offers a Maldives beachfront investment property with an exceptional balance of luxury lifestyle and investment intelligence. Few opportunities worldwide allow investors to own a piece of a five-star island resort, earn guaranteed returns, and enjoy personal use, all under a hassle-free management program. It’s a rare chance to diversify your portfolio with tangible real estate in a paradise location, backed by a reliable yield and a world-class hospitality brand.

 

Residence Options – Luxury Apartments Tailored to You

 

Coral Residences features a curated selection of spacious two-bedroom and three-bedroom apartments, designed to meet the needs of discerning investors and travelers alike. Each residence is delivered fully furnished with contemporary interiors and high-end finishes, harmoniously blending modern elegance with island charm. Floor-to-ceiling glass doors open onto generous terraces, blurring the line between indoor comfort and outdoor tropical beauty. Here’s an overview of the residence options:

  • Two-Bedroom Apartments (202 sqm) – Thoughtfully designed for small families, couples, or groups of friends, the two-bedroom residences offer ~202 square meters of living space. These units feature two bedrooms with en-suite bathrooms, a spacious open-plan living and dining area, and a fully equipped kitchen. Expansive terraces (and in some layouts, a private rooftop or ground-floor patio) provide panoramic ocean views – perfect for morning coffees or sunset cocktails. Each two-bedroom apartment can comfortably accommodate 4 to 6 guests, making it ideal for both personal vacations and high-demand rental use. Pre-sale prices for two-bedroom units start from around $1.2M, offering exceptional value for a Maldives property of this caliber.

  • Three-Bedroom Apartments (252 sqm) – These grand residences span approximately 252 square meters, providing even more space and ultra-luxe comfort. With three large bedrooms (each with private bath), these units are perfect for larger families or those who desire extra room for entertaining. The living and dining areas are expansive, and the interiors showcase chic, sophisticated design with premium materials and island-inspired decor accents. Generous outdoor living spaces – including broad terraces or decks – capitalize on uninterrupted ocean vistas and sea breezes. Three-bedroom residences offer an unparalleled sense of space and privacy, truly a mansion in the sky overlooking the lagoon. Pricing for three-bedroom units is available on request (reflecting their larger size and prime positions), and they are in very limited supply.

 

Regardless of which residence type you choose, all apartments come fully furnished and turn-key, down to the stylish furniture, appliances, and curated decor. High-tech amenities such as smart climate control, entertainment systems, and reliable high-speed internet are included, ensuring that your apartment meets the expectations of modern luxury travelers. Detailed floor plans are available, and each layout has been optimized to maximize natural light, ventilation, and those breathtaking ocean panoramas.

 

Owners also have peace of mind knowing that every Coral Residence is delivered in immaculate condition, backed by a developer warranty on construction quality. In essence, you’re investing in a ready-made luxury home in the Maldives – one that can begin generating rental returns immediately upon handover.

 

Amenities and Lifestyle – Five-Star Island Resort Living

 

Owners at Coral Residences enjoy full access to Kandima’s resort amenities – from its stunning over-water villas and beach club to a spectrum of dining, spa, and adventure facilities – truly an island lifestyle beyond compare.

 

Life at Coral Residences is defined by unmatched amenities and an enriching island lifestyle. As an owner, you have access to exclusive facilities reserved just for Coral Residences residents, as well as the entire array of Kandima Maldives resort amenities. This unique dual access means your day-to-day life can be as private or as social and active as you desire.

 

Exclusive Owner Facilities: The Coral Residences community has its very own collection of private amenities, ensuring a boutique experience for residents. You can relax at the residents-only beachfront infinity pool and sun deck, enjoy tropical cocktails at the private owners’ beach club, or dine in style at the exclusive owners’ restaurant and bar. A gourmet deli and café is on site for grabbing a quick bite or speciality coffee. For recreation, there’s a dedicated games lounge and entertainment room – perfect for billiards, table tennis, or digital entertainment – and a state-of-the-art fitness center exclusively for owners. All facilities are staffed by a dedicated Coral Residences team committed to providing five-star service to homeowners, from concierge assistance to arranging private events. This private club-style atmosphere fosters a sense of community among owners, where you can mingle with like-minded neighbors who appreciate “the finer things in life” while enjoying utmost comfort and security.

 

Kandima Resort Amenities: In addition to the owners-only facilities, Coral Residences owners enjoy full access to all amenities of the Kandima Maldives resort. This means you step outside your residence and into a vibrant, fully serviced resort playground. Indulge in ten unique restaurants and bars – from casual beachfront eateries to gourmet international restaurants and even an adults-only overwater bar with live DJs. Savor a different cuisine every night, be it a beachfront seafood grill, an Asian fusion dinner, or a private sandbank barbecue arranged by the resort’s chefs. The resort’s esKape Spa offers luxurious wellness treatments, massages, sauna and steam rooms, while the BURN Fitness Center is a 24/7 gym with personal trainers and top-notch equipment for serious workouts.

 

For adventure and recreation, Kandima has a world-class watersports and dive center (Aquaholics), where you can go scuba diving among coral reefs, try parasailing, jet skiing, paddleboarding, or even take marine biology classes. There’s a marine biology center and a full PADI dive school for the ocean enthusiasts. On land, the resort features sports facilities including a football field, tennis and volleyball courts, an archery range, and a picturesque art studio (Kula Art Studio) for painting classes with resident artists. Families will appreciate Kandiland kids’ club, which offers daily fun programs to keep children entertained in a safe environment. Uniquely, the island even has a medical clinic on-site with 24/7 availability, providing an extra layer of comfort for residents and guests.

 

Whether you’re snorkeling in turquoise lagoons at dawn, attending a beach yoga class, or dancing the night away at the beachfront Forbidden Bar under the stars, Kandima delivers an endless array of experiences. As an owner at Coral Residences, you truly get the best of both worlds: the serenity and exclusivity of your private residence, and the excitement and indulgence of a full-service resort whenever you desire. It’s an island lifestyle unlike any other – one that can be as relaxing or adventurous as you choose, day after day.

 

Legal and Visa Benefits – Foreign Ownership & Residency

 

Investing in Coral Residences comes with significant legal and immigration benefits that make ownership even more attractive for international buyers:

  • Secure Foreign Ownership: The Maldives has traditionally had strict property ownership rules for foreigners, but Coral Residences is structured to welcome international investors. Apartments are sold on a strata title ownership basis (deeded ownership of your unit) under a long-term leasehold land agreement, with the lease registered with the Maldivian government. Once your strata title and lease are registered at the Ministry of Tourism, your rights as a foreign owner are officially recognized and secure. This means you have title documentation for your property, can rent it out (as per the rental program), and can also resell or transfer your apartment in the future, subject to lease terms. The leasehold is typically renewable, providing confidence that you truly own your Maldives property for the long term.

  • 5-Year Residency Visa: A huge advantage of owning at Coral Residences is eligibility for a Maldives residency visa. The Maldivian government has introduced a new Investor Visa program that grants foreign investors long-term residency permits when investing in approved real estate developments. As an owner of Coral Residences (a government-approved development), you can qualify for a renewable 5-year residency visa for you and your immediate family. This visa allows you to reside in the Maldives long-term or come and go freely without the usual 30-day tourist visa limits. There’s no income tax on individual foreign income in the Maldives, and no requirement to permanently stay in-country to keep the visa, making it an excellent lifestyle option and backup residence for global citizens. Essentially, your investment not only yields financial returns but also offers the priceless benefit of Maldives residency, letting you live in paradise whenever you wish.

  • Professional Property Management: Legal ownership is just one side of hassle-free investing – the other is having your asset expertly managed. Coral Residences offers full-service property management through Pulse Hotels & Resorts (the resort operator). This means every aspect of maintaining your apartment is taken care of: from cleaning and repairs to guest bookings, check-ins, and day-to-day operations. As an owner, you won’t be burdened with finding renters or handling maintenance – your island residence is fully managed by professionals. This arrangement is formalized in the rental management agreement that all owners join, ensuring consistency and quality. The property is also insured as part of the program, and any applicable local taxes (like rental income withholding tax) are handled during the distribution of your rental income. In short, you can own at Coral Residences with total peace of mind, knowing that the legal framework and management structure are in place to protect your investment and keep it running smoothly.

 

Together, these legal and visa benefits make owning at Coral Residences not only rewarding financially but also convenient and secure. You are not just buying a holiday home – you’re gaining a foothold in a stable, tropical paradise nation that now welcomes foreign investors through robust legal protections and residency incentives.

 

Developer Profile – Pulse Hotels & Resorts Excellence

 

The Coral Residences project is developed and managed by Pulse Hotels & Resorts, a prestigious hospitality company with a proven track record in the Maldives. Pulse Hotels & Resorts is renowned as a creator of extraordinary experiences, leveraging innovative thinking to craft hotels, resorts, and properties that are both intelligent in investment and inspirational in design. The company is led by industry veterans Mr. Sanjay Maniku and Mr. Mohamed Khaleel, who together have decades of experience in Maldivian tourism and development. Under their leadership, Pulse keeps its “finger on the industry pulse” to deliver forward-thinking brands and world-class hospitality concepts.

 

Established in 2015 as a subsidiary of Deep Blue Private Limited (a major Maldivian tourism investment group), Pulse Hotels & Resorts has quickly grown its portfolio of luxury properties. The group’s flagship developments include The Nautilus Maldives, an ultra-luxury boutique resort known for bespoke experiences; Kandima Maldives, the vibrant lifestyle resort that is home to Coral Residences; and Nova Maldives, a newly launched resort focusing on contemporary, social luxury experiences. These projects highlight Pulse’s ability to cater to different segments of the luxury travel market while maintaining exceptional quality and guest satisfaction.

 

In addition to resorts, Pulse Hotels & Resorts and its parent company have invested in critical tourism infrastructure, notably Dhaalu Airport (a regional airport in Dhaalu Atoll with a seaplane port and skydiving center) and Manta Air, a domestic airline serving Maldives destinations. This integration from air travel to hospitality showcases the company’s comprehensive vision for Maldives tourism and its financial strength. Such a track record provides Coral Residences investors with confidence: the developer has both the expertise and resources to deliver on promises. Construction of Coral Residences is underway (with completion expected by late 2025 ), and Pulse’s involvement means the same operational excellence seen at their resorts will extend to the management of Coral Residences.

 

By choosing Coral Residences, investors align with a developer that understands luxury and has a history of successful resort development in the Maldives’ unique environment. Pulse Hotels & Resorts’ commitment to quality, innovation, and guest experience assures that Coral Residences will not only be a sound investment, but also a source of pride and satisfaction for owners in the years to come.

 

Call to Action – Secure Your Island Investment Today

 

Coral Residences at Kandima Maldives is an exclusive offering with a limited number of units – only 40 lucky owners will share this private island paradise. With construction progressing and interest from investors worldwide, these residences are selling quickly. Pre-sale pricing is available for a limited time, so the window to capitalize on special pricing and guaranteed returns is closing soon. Now is the time to act if you’ve ever dreamed of owning a piece of the Maldives.

 

Contact Avertiss International Real Estate today to learn more about Coral Residences and take the next step toward ownership. Our team is ready to provide detailed unit availability, floor plans, and personalized investment consultations. We can assist with every aspect – from selecting the perfect residence to guiding you through the purchase process and explaining financing or legal queries. Don’t miss the chance to claim your own Maldives beachfront investment property – one that offers guaranteed ROI, a 5-year residency visa, and a lifetime of luxurious vacations for you and your family.

 

This is a strictly limited opportunity and when the pre-sale phase ends, any remaining units will be re-priced at higher rates. Schedule a call or visit with us now to secure your Coral Residence while the best units and prices are still available. Experience the blend of luxury lifestyle and investment intelligence that Coral Residences Maldives provides – and make your dream of a tropical island investment come true. Contact us at Avertiss International Real Estate for more information, pricing details, and to reserve your slice of Maldivian paradise before it’s too late. Your fully managed island residence awaits!

 

Legal Disclaimer

The information provided on this page is valid as of the date it was published and is for informational purposes only. For the most up-to-date prices, conditions, and other details, please contact Avertiss directly. Our company reserves the right to make changes and updates to the provided information without prior notice.

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Features

Outdoor Activities
  • Outdoor Swimming Pool
  • Kinder Garden
  • Outdoor GYM
  • Tracking Path (Jogging/Walking Area)
  • Yoga and Plates Garden
  • Restaurant
  • Pool Bar
  • Terrace
  • Private Beach

Indoor Activities
  • Sauna
  • Jacuzzi
  • Steam Room
  • Gym
  • Pool
  • Kinder Garden
  • Restaurant
  • Rest Room

Indoor Services
  • House Keeping
  • Laundry and Dry Cleaning
  • Technical Service 7/24

Technical Specifications
  • A+ Inverter AC Units For Heating and Cooling

Environment & Neighborhood
  • Ocean
  • Beach
  • Forest

View
  • Ocean
  • Forest
  • Grove
  • Garden
  • Pool


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