The Housing Development Corporation (HDC) has recently launched an opportunity for prospective investors through the sale of 16 premium land plots in the highly desirable Hulhumalé Phase 2. This initiative aims to cater to a diverse array of buyers, presenting an attractive investment chance in one of the Maldives’ most sought-after locations. The packaged offerings include various plots meticulously selected to meet different requirements and preferences.
Among the options available, potential buyers can choose from both beachfront and beachside plots. The beachfront plots not only boast direct access to the serene waters but also provide breathtaking views, enhancing their appeal for luxury residences or commercial developments. In contrast, beachside plots offer a slightly more sheltered location while still preserving proximity to the stunning shoreline, allowing for various creative opportunities for development.
The sizes of these prime land plots vary, catering to a range of investment needs, from smaller residential units to larger commercial projects. Each plot is designed to provide ample space for future developments, allowing for the construction of homes or businesses that align with the contemporary lifestyle expectations of the community. Furthermore, the pricing of these plots has been structured to ensure accessibility for a wide array of investors, reflecting HDC’s commitment to fostering growth and development in the region.
In conclusion, the sale of these prime land plots in Hulhumalé Phase 2 represents a unique opportunity for investors. With varied sizes and strategic beachfront and beachside locations, there is potential for significant returns on investment. This initiative by HDC not only aims to enhance the real estate market but also contributes to the overall development of the region, making it a prime consideration for interested individuals seeking land for sale in this exquisite area.
Pricing and Size Breakdown
The sale of prime land plots in Hulhumalé Phase 2 presents a unique opportunity for investors and home buyers looking for desirable beachfront and beachside options. Understanding the pricing and size of these plots is essential for making informed decisions. The beachfront plots, known for their picturesque views and accessibility to the ocean, range in size from approximately 2,000 square feet to 4,000 square feet. Prices for these select plots vary significantly, with a price per square foot generally falling between $150 to $300. Thus, the total pricing for these premium plots can range from $300,000 to $1,200,000, offering options that cater to various budgetary considerations.
In contrast, beachside plots in Hulhumalé Phase 2 provide an appealing alternative that still offers proximity to the beach while often being more affordable. The sizes of beachside plots can range from 1,500 square feet to 3,500 square feet. The pricing is notably competitive, with rates spanning from $100 to $200 per square foot. Consequently, buyers can expect total prices for beachside plots to range from $150,000 to $700,000. This creates a diverse market capable of catering to a broader audience, including first-time buyers and seasoned investors alike.
The strategic pricing model for these prime land plots is designed to attract interest while ensuring accessibility for potential buyers. As candidates assess their preferences between beachfront and beachside options, the variety in size and price points will aid in choosing the ideal land for sale. It is crucial for interested parties to evaluate their financial capabilities against the presented range of land plots to align their preferences with suitable offerings. Careful consideration of these pricing details will ultimately facilitate more effective decision-making in the search for valuable property in Hulhumalé Phase 2.
Eligibility and Application Process
The sale of prime land plots in Hulhumalé Phase 2 has drawn interest from various potential buyers. It is essential to understand the eligibility criteria, as these will guide who can participate in the acquisition of these valuable land parcels. Individuals looking to invest must be at least 18 years of age, meeting the legal requirements to enter into contracts involving land for sale. This age requirement serves to ensure that all buyers have the maturity necessary for such significant financial commitments.
For corporate entities wishing to purchase land in Hulhumalé Phase 2, specific restrictions apply. Companies must demonstrate their registration and compliance with local regulations. Moreover, the intended use of the land must align with the predetermined development objectives outlined by the Housing Development Corporation (HDC). This stipulation is intended to maintain the integrity of Hulhumalé’s growth and ensure that developments adhere to planned urban frameworks.
The application process for acquiring these prime land plots is conducted in two key stages. First, interested buyers must express their interest by submitting a preliminary application. This initial phase assists the HDC in assessing the volume of inquiries and determining the demand for the plots in Hulhumalé Phase 2. Once expressions of interest are collected, qualified applicants will advance to the second stage, where a bidding process takes place. This competitive bidding opportunity allows for transparent transactions and provides all eligible buyers a fair chance to secure their desired land. By adhering to this structured approach, the HDC aims to cultivate orderly development and responsible investment in the regions around Hulhumalé.
Contact Information and Additional Resources
If you are interested in the prime land plots available in Hulhumalé Phase 2, the Housing Development Corporation (HDC) is your primary source for information. HDC has been instrumental in the development of land for sale in the Hulhumalé region and has successfully facilitated numerous land sales in the past. This track record demonstrates its commitment to providing quality land offerings and ensuring that all prospective buyers are well-informed throughout their purchasing journey.
For more information about the current land for sale in Hulhumalé Phase 2, potential buyers can reach out to HDC via various methods. The official website of HDC provides detailed information about land plots, pricing, and purchase procedures. Here, you can find downloadable brochures, street maps, and high-resolution imagery of the available plots to help with your decision-making process.
You may also contact HDC directly through the following channels:
- Email: info@hdc.gov.mv
- Phone: +960 333 3333
- Office Address: Housing Development Corporation, H. Ameer, Villingili, Male’ Maldives
Additionally, HDC frequently conducts public seminars and informational sessions focused on land sales in Hulhumalé, offering valuable insights into the procedures, benefits, and opportunities associated with purchasing land. Attending these sessions can be advantageous for prospective buyers, providing a forum to ask questions and connect with other interested individuals.
In summary, the availability of prime land plots in Hulhumalé Phase 2 presents a significant opportunity for investment in one of the Maldives’ rapidly developing areas. With HDC’s established history of successful land sales and support resources, interested parties are encouraged to take advantage of the offerings and secure their stake in this thriving community.
