VAIKARAMURAIDHOO
Vaikaramuraidhoo is a medium-sized uninhabited island located in the northern Maldives' Haa Dhaalu Atoll. It features a rich marine ecosystem with various reef fish and bait fish, making it ideal for fishing and aquaculture. The island is surrounded by both inhabited and uninhabited islands, offering a peaceful and remote setting.
VAIKARAMURAIDHOO
Exploring Vaikaramuraidhoo: An introduction
Vaikaramuraidhoo is a medium-sized uninhabited island in the northern Maldives’ Haa Dhaalu Atoll. It is leased for agricultural work. This island offers both agricultural and tourism development potential. We are pleased to present a proposal for 15 hectares of prime land, which encompasses a range of enticing tourist attractions.
Location, accessibility and connectivity to nearby islands
Strategically situated in relation to major transport networks, this island stands to reap from its benefits. The closest international airport, Hanimaadhoo International Airport, is situated 38 kilometers away and serves efficiently both cargo and passenger operations. Furthermore, this island is served with a number of sea plane landing areas nearby with The Beach House located at only 34 kilometers, thus giving room for fast movement in or out of capital, Male’
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Vaikaramuraidhoo possesses a ring of nearby inhabited and uninhabited islands which makes it advantageous for development. The nearest island is Vaikaradhoo which is only 6 kilometers away enabling access to the local populace while the nearest lagoon is Adhangau (R) which is 53 kilometers away, giving a suitable quiet and remote setting for a resort or farming.
Harnessing natural resources and tourism potential for sustainable development
Vaikaramuraidhoo is gifted with numerous natural resources including a rich marine ecosystem inhabited by various types of reef fish such as groupers and red snappers found in the waters around the island. Moreover, bait fish have also been discovered which would be suitable in fishing or aquaculture related ventures. This island has the potential regarding the sustainable agricultural practices because of where it is situated, that is in a thriving tropical region.
Another characteristic of the island is that it is situated in the geographical vicinity of luxury resorts, the nearest one being the Centara Ras Fushi Resort & Spa located 53 kilometers away, making this island’s development for tourism even more potential whereby it enhances or adds on the available hotels in that area.
Watersports activities that can be held in this island
Maldives is particularly famous for its watersport’s activities. These such watersports activities can also be held in this island as it would be a fun and amazing place due to the other islands and lagoons nearby. Fishing and water sporting activities such as jet ski, paddle boarding and parasailing can be installed.
As a common rule at other resorts in the country, the average luxury beach villa room is available for between $300 and $500 per night.
Water villa rooms range from $500 to $700 per night. Therefore, it is estimated that 300 rooms will earn between $4.5 million and $6.3 million per month. Restaurants, watersports, snorkeling and other events are expected to spend at least $50,000 a day. It is estimated to generate $6.4 million in monthly revenue. This is typically the monthly income for a medium-sized resort that is already operating. The investment recovery will take less than 84 months.
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