Maldives emerges as a new destination for property investors

ChatGPT summary: The Maldives, a tropical paradise in the Indian Ocean, is emerging as an attractive market for international property investment. CBRE Thailand, a leading property consultant, sees an opportunity for high returns in an undersupplied market with significant growth potential due to increased international visitors. The Maldives' property market has updated its foreign direct investment policy and appeals to investors seeking portfolio diversification. The country welcomed over 1.6 million tourists in 2022, with a focus on high-end tourism. The Maldives aims to attract over 2 million visitors in 2023 and has seen an increase in family-oriented properties and longer average stays. Despite the setback caused by the COVID-19 pandemic, the Maldives quickly recovered, outperforming other resort destinations such as Bali. Investment opportunities in the Maldives include villa projects and hotel-branded residences, with returns of up to 7% in some projects. The government's focus on sustainable tourism and eco-friendly development further encourages socially responsible investments. CBRE Thailand believes it is the right time for investors to explore the emerging investment destination of the Maldives. FULL STORY from 4Hoteliers