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Posted: 17 Jun 2011 | 3:40 pm
The first leasehold residential property that has been transferred on a leasehold basis in the Maldives has sparked interest in the islands property market.
A three bedroom hotel managed unit at Soneva Fushi, which transacted to a French national sold for USD7 million dollars has been officially registered
Last year the country enacted legislation in order to allow foreign property ownership to a maximum of 50 years in order to stimulate the local economy.
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WEDNESDAY Business Crisis Management Seminar
After Phuket's recent tsunami and earthquake scares, environmental organization SEEK have arranged Business Continuity Management for Crisis Situations seminar.
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