Own A Villa in The Maldives At Soneva
Since the opening of the brand’s first resort, Soneva Fushi, in the Maldives back in 1995, Soneva has been crafting and sculpting hospitality and luxury within the lavish surroundings of their properties. Introducing new journeys and experiences to their client’s they are comfortable with out of the box initiatives and ideas.
One of these initiatives include the Soneva Villa Ownership program. Launched in 2011, Soneva became the first and only company to offer luxury resort real estate for foreigners in the Maldives. In 2016 with the opening of Soneva Jani, their second property in the Indian Ocean island paradise, some of the resort’s luxury villas were put on sale. These villas included overwater and island villas with various number of rooms.
According to Sonu and Eva, the couple who founded the now famed luxury brand, the initiative was inspired by the requests from the brand’s enthusiasts. The guests who came and fell in love with the philosophy of Asian service at the Soneva properties.
Soneva still offers a limited number of prime Residences and plots for purchase, in both properties in the Maldives, Soneva Fushi, and Soneva Jani. The Villas once purchased are curated and designed to the owner’s exclusive tastes and ideas whilst holding the brand’s values, providing topmost privacy and the brand’s undying luxury. Secluded to be in complete ease and yet not so far away from Soneva’s first-class services and amenities.
Villas prices range from USD$3M for a 1 bedroom villa on Soneva Jani to USD$15M for a 9 bedroom villa on Soneva Fushi. Although mortgage financing is not available, they can work with buyers to create a bespoke package that works for their budget.
Owning a Villa has its perks, especially for those who love to visit once in a while. The residences achieve a strong cash yield when rented out throughout the year, also note that in the Maldives the capital prices have been appreciating around 8% to 10%. Owners also get to stay at their own exclusive Villas during their holidays providing a huge amount of savings over the years. Soneva also offers discounts of 20% on F&B and Seaplane transfer to the resort from the airport.
Since the launch of the program, Soneva has successfully sold 26 Villas to 22 owners who were more than delighted to own their piece of the famous Maldivian experience. The current owners come from different parts of the world including Europeans, Asians, and Arabs.