Conrad Maldives Rangali Island - SOLD

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Sold for 180,000,000 USD Date of Sale: February 2019
Rooms: 151
Price Per Room: 1,192,053 USD
Property Id : 29040

As exclusive advisor to Crown Company Pvt Ltd (the “Owner”), JLL’s Hotels & Hospitality Group is pleased to offer for sale the idyllic and luxurious tropical resort, Conrad Maldives Rangali Island (also the “Resort” or “Property”), situated in South Ari Atoll in the Republic of Maldives.

Nestled amongst the Maldives’ western archipelago within the pristine waters of South Ari Atoll, the Resort is reachable by a scenic 25-minute seaplane journey from Velana International Airport or a short domestic flight to nearby Maamigili Airport followed by a speedboat transfer. Comprising 151 villas, this multi award-winning resort is the ultimate tropical paradise offering impeccable service, world-class cuisine and outstanding facilities.

Currently managed by Hilton Worldwide, Conrad Maldives Rangali Island is amongst the Maldives’ most iconic resorts, and provides an unrivalled opportunity for an investor to acquire a highly-established and well performing luxury asset with notable growth prospects in one of the world’s most unique investment markets. Detailed information on the Resort, including financial, legal and property information, is available for review upon the execution of a confidentiality agreement.

Nihat Ercan

CEO, Asia Pacific

Adam Bury

Executive Vice President, Investment Sales | Head of Hotel Debt Advisory
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