Tag: auction

Want to own a private island in the Maldives, which is described as a tourist’s paradise? Then get ready. The Maldivian government is set to auction off 16 islands on a 50-year lease. The islands in this paradise are prepared for sale with strict conditions that should not be taken for granted. Island buyers should be prepared to build a resort there. Corona has had a serious impact on the economy of the Maldives. Where tourism is the main source of income. The government’s latest move is aimed at recovering the country’s lost wealth. Winners of the auction have 36 ... Read more