Coral Residences Kandima
Price from
$1,200,000
Rental yield
6%
Completion date
Q3 2026
Area
202 - 260 m²
Estimated market-based indicator. Actual rental income and ROI depend on unit type, management, occupancy, seasonality, expenses and legal rental structure.
Description
Coral Residences Kandima is an exclusive residential development on Kandima Island, Maldives, offering 40 premium apartments with 2 and 3 bedrooms. The project is located on one of the most picturesque atolls in the Indian Ocean, surrounded by crystal-clear waters and coral reefs. Residences are offered under Strata Title - a full ownership form in the Maldives with rights of inheritance, gifting, and bank mortgage.
Kandima Island features world-class infrastructure: the award-winning EsKape SPA, a medical clinic, a 24-hour gym, a diving and water sports center, a football field, tennis court, and volleyball court. In 2029, an international airport is planned to launch on Dhaalu Atoll, just 10 minutes by speedboat from the island.
Each residence features exquisite interiors, spacious terraces with ocean views, modern kitchens, and bathrooms with panoramic windows. Owners receive a 5-year resident visa, a Maldivian company and bank account, plus tax advantages - no global income tax and no sales tax.
The investment appeal is backed by a guaranteed income program: 6% annual return on investment for the first 5 years, and from year 6 - 50% of net profit with a forecast of 8-11% annually. Tourism in the Maldives is at a record high - 1.34 million tourists in 2024, ensuring stable rental demand.
Location
Price from
$1,200,000($1,200,000)
Layouts
| Unit type | Area from | Price from |
|---|---|---|
| 2 Bedrooms | 202 m² | $1,200,000 |
| 3 Bedrooms | 236 m² | $1,800,000 |
Payment plan
| # | Step | % | Amount |
|---|---|---|---|
| - | Reservation Deposit | - | $100,000 |
| 1 | Booking | 30% | $260,000 |
| 2 | During construction | 20% | $240,000 |
| 3 | During construction | 20% | $240,000 |
| 4 | On handover | 20% | $240,000 |
| 5 | Property Registration | 10% | $120,000 |
| Total | 100% | $1,200,000 |
* Deposit deducted from first installment
ROI Calculator
Estimated based on market data
$4,559
$54,702
6.0%
4.6%
$1,763,194
70%
Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.
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Price from
$1,200,000($1,200,000)
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Quick facts
- Total units
- 40
- Available units
- 12
- Status
- Under construction
- Price per m²
- $5,941/m²
This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.