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Soneva Luxury Villa Ownership in Maldives

Soneva operates luxury resorts in the Maldives and Thailand following an environmentally responsible and locally crafted approach. They pioneered private villa ownership options at their resorts. Villa ownership offers benefits like strong investment returns from renting, capital appreciation, and savings on resort amenities and transfers for owners. Soneva Jani is their newest resort located across several islands in the Noonu Atoll of the Maldives, accessible by seaplane or speedboat, offering overwater and island villas for purchase.

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0% found this document useful (0 votes)
198 views23 pages

Soneva Luxury Villa Ownership in Maldives

Soneva operates luxury resorts in the Maldives and Thailand following an environmentally responsible and locally crafted approach. They pioneered private villa ownership options at their resorts. Villa ownership offers benefits like strong investment returns from renting, capital appreciation, and savings on resort amenities and transfers for owners. Soneva Jani is their newest resort located across several islands in the Noonu Atoll of the Maldives, accessible by seaplane or speedboat, offering overwater and island villas for purchase.

Uploaded by

Huỳnh Duy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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1

Welcome to Soneva
When we first built Soneva Fushi on the deserted island of Kunfunadhoo in the Maldives
in 1995, we had no idea that our intensely personal vision of a locally crafted villa and
environmentally responsible lifestyle would form the basis of a successful collection of
world-class hotels, resorts and residences. But that’s exactly what happened.

Soneva Fushi pioneered a trend for inspired luxury holidays. Soneva Kiri opened in
Thailand in 2009 and became the first Soneva resort to offer private ownership to its
discerning clientele. In 2011, Soneva became the first to offer luxury resort real estate
for foreigners in the Maldives, with the launch of villa sales at Soneva Fushi. In 2016,
a limited number of overwater and island villas became available for sale at Soneva’s
newest resort, Soneva Jani. We are still the only company to offer private ownership
options to foreigners in the Maldives.

Private villa ownership was launched upon the request of our enthusiasts: Soneva
guests that enjoy our Asian service philosophy, complemented by the harmony of the
environment in which we operate.

We hope that being a Soneva Villa Owner will be a wonderful experience for you, your
family & friends… a place where your children grow up wise in the ways of nature, and
where holidays become a much anticipated reunion with family and other villa owners.

Not every Soneva guest will be a Soneva Villa Owner and for the discerning few who
choose this deeper journey with us, thank you.

2 3
Inspiring a Lifetime of Rare Experiences Our Presence
At the heart of the development and operation of each property is Soneva is a privately owned group of companies, backed by over 20 years of operational success, leading the world in the development
our Intelligent Luxury ethos, creating unforgettable, enlightening of sustainable luxury resorts and private residences. We own and operate all of our properties, enabling us to ensure that the outstanding
experiences. standards for which the Soneva brand is renowned are consistently maintained.

Soneva continues to raise the benchmark for intuitive service,


environmental sensitivity and gracious living. The perfect synergy of these
elements forms the foundations for living at Soneva Private Residences in the
Maldives and Thailand.

Our team is passionate and committed to offering you magical moments during
your stay; rare and exceptional experiences that are astute and highly desired.
Location: Koh Kood
Thailand
Year in operation: 2009
No. of Villas: 34

Location: Republic of Maldives


Launched late 2015
1 luxury yacht with 2 bedrooms

Location: Baa Atoll Location: Noonu Atoll


Republic of Maldives Republic of Maldives
Year in operation: 1995 Year in operation: October 2016
No. of Villas: 63 No. of Villas: 26

Soneva in Aqua Soneva Fushi Soneva Jani Soneva Kiri

4 5
Why the Maldives? Villa Ownership
Benefitting from an ideal climate, with soothing tropical breezes Soneva are the only company in the Maldives to sell property to
and average temperatures of around 28°C (82°F) during the day foreign investors. Since 2011, we have sold 26 villas to 22 owners
and 23°C (73°F) at night, the Maldives is the perfect location for who come from the UK, France, Denmark, Japan, Germany, Dubai,
your next private residence. Russia, China, Sweden and Switzerland.

Strategically located close to the Middle East and Far East, A limited number of spectacular prime beachfront Private
and served by an extensive travel network that includes four Residences and plots are still available to purchase, each of
international and six domestic airports, the Maldives’ robust which is uniquely-designed and carefully located to combine
tourism industry is boosted by an educated and youthful maximum privacy and tranquility whilst being close enough
workforce, and advanced telecommunication and Information to enjoy Soneva’s first-class services and amenities.
and Communications Technology coverage.
Benefitting from abundant natural light, lush foliage and
In late 2018, Soneva will begin offering direct transfers in its picturesque views, the sprawling villas are made of sustainable
own 10-seater twin otter seaplane, ensuring luxurious comfort, materials and comprise detached living areas joined by wooden
privacy and exclusivity for guests staying at Soneva Fushi or walkways, offering the luxury of space to villa owners and their
Soneva Jani. families.

Each Private Residence is bespoke, designed to meet the owner


and their family’s specific requirements, whilst remaining true
to the Soneva values. Indulge in your childhood fantasies as
we build the perfect holiday home - be it a kid’s tree-house,
a special herb garden or your own star-gazing over water deck.

6 7
Benefits of Villa Ownership
Soneva Villa Ownership is particularly appealing to those who
return to the Maldives regularly for the following reasons:

• Our residences achieve a strong cash yield when rented out


• Capital prices, especially in the Maldives, have been
appreciating by around 8% to 10% per annum.
• Owners benefit from the use of their villa during their
holidays. This adds up to a significant amount of savings
over several years.
(Ownership days can be used within all Soneva properties
in the Maldives & Thailand).

Owner Savings
Soneva offers many special savings to villa owners including:

• 20% savings on F&B (excluding alcoholic beverages & mini bar)


• 20% savings on seaplane transfers

8 9
Soneva Jani, located in the Medhufaru lagoon in the
Noonu Atoll, comprises five islands, the largest of which
is Medhufaru is 150 acres in size. The resort can be
reached by a scenic 40 minute seaplane flight direct
from Malé International Airport, a 75 minute speedboat
ride from Soneva Fushi, or by a leisurely half day cruise
from Soneva Fushi onboard Soneva in Aqua.

A new domestic airport will open nearby in Noonu Atoll


in the first quarter of 2019 with facilities for private jets
and commercial planes.

Future plans for Soneva Jani include a clubhouse and


pool located on the South beach. A state of the art
children’s club (The Den) is also set to open in late 2019.
A turtle sanctuary is also planned. Phase two of Soneva
Jani includes an additional 25 water villas located on the
other side of Medhufaru island, with construction set to
commence in 2019.

10 11
Zuhair’s Beach

Sold Soneva Jani comprises “The Gathering” in the middle of the lagoon, On land, the plan comprises 32 island villas (of which only villa no. 28+34 have been built),
5 Sunrise Side
4 24 overwater villas, ranging in size from one to four bedrooms. ranging in size from one to four bedrooms. Larger bespoke family villas, such as six
and seven bedroom properties can be built upon request.
6 Zuhair’s Beach North Beach Turtle Beach

G
H
Limited plots
7 F 28
3 Sold available

9 Sunrise Side
Sold 34 Lim
ite
dp
11 Sold lot
sa
14 va I
ila
1 ble
2
8
10 B 3 Bedroom Island Reserve
Medhufaru Beach J
12 C D 15
25 F 4 Bedroom Island Reserve
17 23 Lim
19 21 ite
dp
1 Bedroom Water Retreat lot
sa
va
Resort Amenities Sunset Side ila
ble
2 Bedroom Water Retreat E
16 24 F Walkway to Water Villas
3 Bedroom Water Reserve 18 20 22
K
G Tennis Court
4 Bedroom Water Reserve
Sold
Sunset Side
H Screw Pine Alley Soneva Jani Sea Plane M
Pick Up/ Drop N
A L
I Pergola
Resort Amenities South Beach
J Watersports Champa
A Arrival Jetty
Medhufaru Lagoon K Cinema Paradiso
B Dive School
L Crab Shack
C Marine Biology Centre
M The Den
D The Gathering
- Restaurants N The Clubhouse
- Bars PLOT SIZE BUILT UP AREA Limited number of
CATEGORY BEDROOMS
- Spa (square yards) (square feet) Water Villas for sale
- Shop Water Retreat 1 N/A 4,445 – 4,682 PLOT SIZE BUILT UP AREA
- Gallery and Library CATEGORY BEDROOMS
(square yards) (square feet)
Water Retreat 2 N/A 6,243 - 6,555
E So Starstruck: the Observatory Island Retreat 1- 2 736 3,240 – 6,265
Water Reserve 3 N/A 6,243 - 6,555
F Walkway to Island Villas Island Reserve 3 4,306 11,442
Water Reserve 4 N/A 13,401
Island Reserve 4 4,306 18,858

12 13
14 15
16 17
18 19
20 21
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Located in the Baa Atoll, Kunfunadhoo Island is
one of the largest islands in the Maldives. The
resort can be reached by a scenic 30 minute
seaplane flight direct from Malé International
Airport or a 12 minute speedboat ride for guests
scheduled on domestic flights at the nearby
Dharavandhoo Airport.

24 25
Dharavandhoo Maalhos Island
Sandbank Airport

Soneva Fushi
International Airport

Sunrise Side
Turtle Beach
1 plot
R available 38 37 Kannai Arrival Jetty
4BR
Q SOLD 4BR
Protected Nature
SOLD
36
Reserve 4BR
SOLD
S P
O
N
C
Sold Villas D A
M 17
L E B 16
Villas available for sale 41 1BR 15
1BR 14
3BR F 4BR
SOLD 42 K SOLD
3BR
G SOLD 11
Resort Features 6BR
SOLD 9BR
9
A Mihiree Mitha Restaurant 43 3BR
SOLD
B By the Bar 44 5
6BR
C Watersports Champa SOLD 45 3BR
2
2BR H SOLD

D Down to Earth Restaurant SOLD 2BR 3BR 1


SOLD
E Guest Relation Champa 56
Protected Nature 3BR
F So Glasscycle – Glass & Art Studio SOLD
1BR I Reserve
G Table Tennis Champa SOLD
Dolphin Beach
H The Den – Children and Teenage Club
I Vegetable Garden 65 67 68 69 Limited plots available
3BR
70
J Bar(a)bara SOLD 3BR 4BR
J 3BR 2BR
K Wine Cellar, Conference Room SOLD
SOLD SOLD

and Soleni Dive Center


L Spa and Gym
M Tennis Court
N Fresh in the Garden Restaurant Sunset Side
O Ever Soneva So Celestial
(The Observatory) Eydhafushi
P Eco Centro
Q Turtle Beach Yoga Champa
R Cinema Paradiso
S Out of the Blue
The above masterplan is valid as per May 2018. The map is not drawn to scale. The Developer reserves the right to amend the specifications as necessary and without notice.
All images and information are for illustrative purposes only and should not be relied upon as a basis for purchasing. Purchases of Private Residences will be subject to the terms, conditions and provisions to be provided by The Developer.
26 27
28 29
30 31
32 33
34 35
36 37
Modifications of Villas Taxes
Villa owners who elect not to join the Rental Program may alter Owners are responsible for two taxes:
their villas to the extent that the alterations do not affect the • 12% Tourism & Goods Service tax (this is a one off payment at
exterior of the villa itself or the appearance from the exterior. time of purchase)
The developer’s written approval is necessary if you wish to • 15% Annual Business Profit Tax on the net profit
modify the floor plan/layout of the villa, the exterior of the villa from rental income
or the materials used in the villa’s construction.

Construction
Soneva uses top contractors and construction companies in
the Maldives. For any new build villas, we commit to a one-year
construction period, with construction commencing on the
following low season (from 15th May of every year). Usually
the villas are built well within the one year period. Land Lease and Villa
Purchase Agreements
Payment
Villas ownership is structured on sub-lease basis for the duration
The payment schedule for a new-build is: of the lease of the Island by Soneva and the Maldivian
• 10% deposit is required to secure your villa (refundable, on Government. Any future lease extensions will be passed onto
cancellation within 30 days); the buyer at a formula equal to [(1/total number of villas) x
• 30% upon contract execution; lease extension price for the island].
• 30% upon ‘Roof on’ Stage;
• 30% is due upon completion/handover of your villa. At Soneva Jani, the remaining lease stands at 46 years, at
Soneva Fushi, the remaining lease stands at 26 years.
The payment schedule for an existing villa is:
• 10% deposit upon contract agreement Both resorts have an option to extend the lease for an
• 90% at handover stage additional 49 years on payment of $5 million.

Although no local mortgage facilities are available, Soneva can All owners are provided a ‘strata title’ deed which provides
work with each buyer to agree a bespoke payment plan if required. evidence of ownership.

38 39
Finance & Pricing
Villas are priced from USD$3M for a 1 bedroom villa on Soneva
Jani to USD$15M for a 9 bedroom villa on Soneva Fushi. The
following provides an illustration for a 4 bedroom villa at Soneva
Jani. Please contact us for more information or pricing on
alternative villa sizes.

4 Bedroom
Property: Overwater Villa
with Slide

Purchase Price: USD$10,000,000


Gross rental revenue: USD$1,784,467
- 10% Management Fee: -USD$178,447
Net Rental Revenue: USD$1,606,021
- Net to villa owner (50%) USD$803,010 Soneva Carbon Footprint
- Ownership costs (2% of purchase price): - USD$200,000 Soneva’s vision is to become decarbonising through
Cash Yield (Year 1): USD$603,010 (6.03%) implementing programmes that will result in a net absorption
of CO2. An environmental levy of 2% is added to each guest’s
Value of 30 room nights annually: USD$367,465
stay. The Soneva Foundation invests this in projects that have
Return on life (cash yield+room value) USD$970,475 (9.7%) a positive environmental, social and economic impact and
(year 1): importantly, offset carbon emissions from resort activities and
*for illustration purposes only guest flights. For more information visit our website.

40 41
Awards Awards

CONDÉ NAST TRAVELER - THE BEST HOTELS AND RESORTS IN THE WORLD FLIGHTNETWORK INSTYLE BEST OF WEDDINGS AWARDS 2017 VIP INTERNATIONAL TRAVELLER READER’S TRAVEL AWARD 2016
The 2019 Gold List – Soneva Fushi The World’s Best Luxury Honeymoon Destinations 2017 – #17, Winner, Best Honeymoon Resort in the Maldives 2nd Place Sustainable Luxury Tourism – Soneva Kiri
Soneva Kiri – Soneva Fushi and Soneva Jani
CONDÉ NAST TRAVELER - THE BEST HOTELS AND RESORTS IN ASIA BRIDES MAGAZINE HONEYMOON AWARDS 2016
The 2019 Gold List – Soneva Fushi CONDE NAST TRAVELLER INDIA, READER’S CHOICE AWARDS 2017 LOVE TRAVEL AWARDS 2017 Winner, Best Honeymoon Hotel in Asia and India – Soneva Kiri
Winner, Favourite New Overseas Hotel – Soneva Jani Winner, Most Romantic Resort in the Indian Ocean
WEDDING SUTRA HONEYMOON AWARDS 2018 – Soneva Fushi RESPONSIBLE TOURISM AWARDS 2015
Winner, Top Luxury Hotels / Resorts (International) – Soneva Fushi LUXURY TRAVEL MAGAZINE AUSTRALIA Winner, Best Beach for Tourism – Soneva Fushi
Best New Property 2017 – #5, Soneva Jani  GREEN HOTELIER AWARD 2017
CONDE NAST TRAVELLER READERS CHOICE AWARDS (USA) Winner, Asia Pacific, World’s most eco-friendly and sustainable hotels MATATO MALDIVES TRAVEL AWARDS 2015
Best Resort in the World – #30, Soneva Fushi CNN.COM – Soneva Fushi Leading Luxury Resort – Soneva Fushi
15 hot new hotels to check out in 2017 – #1, Soneva Jani
PURE AWARDS 2018 NATIONAL GEOGRAPHIC TRAVELLER (UK) FAMILY TRAVEL AWARDS 2015
Community Engagement Award Winner – Soneva Fushi CONDE NAST TRAVELER CHINA Runner Up, Family Favourite 2017 – Soneva Fushi Winner, Best Long-Haul Accommodation for Families
Hot List 2017, Best New Hotels – Soneva Jani – Soneva Fushi
LOVE TRAVEL AWARDS 2018 CONDE NAST TRAVELER CHINA
Best Wedding Hotel Indian Ocean – Soneva Fushi CATHAY PACIFIC LOYALTY PROGRAMME Gold List Winner, Best Island Hotel in the Maldives 2017 TRIPADVISOR TRAVELER’S CHOICE AWARDS 2015
Top New Hotel in the World 2017 – #3, Soneva Jani – Soneva Fushi Top 10 Hotels for Service, Maldives – Soneva Fushi
CONDE NAST TRAVELLER’S GOLD LIST (USA) 2018
Soneva Fushi CONNOISSEUR CIRCLE HOSPITALITY AWARD 2017 MATATO MALDIVES TRAVEL AWARDS 2016
Winner, Best Resort in the Indian Ocean – Soneva Jani Winner, Leading CSR Programme – Soneva Fushi
MR & MRS SMITH AWARDS 2018
Winner, World’s Sexiest Bedroom – Soneva Jani CONDE NAST TRAVELLER UK VIP INTERNATIONAL TRAVELLER READER’S TRAVEL AWARD 2016
The Hot List 2017 – Soneva Jani 1st place Sustainable Luxury Tourism – Soneva Fushi
PRIME TRAVELLER AWARDS (RUSSIA) – 2018
Best Family Hotel – Soneva Kiri ROBB REPORT USA GLOBAL TRAVEL EXPERIENCE AWARD 2016
Winner, Best of the Best Award 2017 – Soneva Jani Finalist Best Eco-conscious Hotels/Resort – Soneva Fushi
CONDE NAST TRAVELLER READERS CHOICE AWARDS (USA)
Best Resort in the World 2018 – #38, Soneva Kiri  JETSETTER’S BEST OF THE BEST 2017 AWARDS TATLER MAGAZINE UK 2016
Winner, Best Over-The-Top Luxury category – Soneva Jani Winner, Style with Soul Award – Soneva JanI
8TH BEST DESIGN HOTEL AWARDS – BUND MEDIA CHINA
Winner, Best Internationally Acclaimed Hotel Award – Soneva Jani TRAVEL + LEISURE’S “IT LIST” 2017 FRONTLINE MAGAZINE PORTUGAL
 The Best New Hotels in the World – Soneva JanI Winner, Best International Hotel, 2016 – Soneva Kiri

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www.sonevavillaownership.com
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