
Radisson Resort Maldives by Teus Group: 50+49-Year Leasehold on a Private Island, From €209,000
Why this matters
A "50+49" leasehold structure is meaningfully different from a flat 99-year lease — it implies the extension isn't automatic and may be worth understanding the renewal mechanism for before treating the total as a guaranteed 99 years.
Project details
Upscale beachfront resort on Thulusdu island, Malé Atoll — 25 minutes by speedboat from Malé International Airport. 109 hotel rooms (from 34 m²) plus 38 ground-level villas with direct ocean access. Leasehold: 50 years + a 49-year extension.
Pricing: hotel units from €209,000; villas from €390,000.
Resort infrastructure: a panoramic ocean-view restaurant and terrace, lobby bar and co-working zone, cinema/media room, boutique retail for local brands, kids' play room, fitness center and outdoor yoga area, spa complex with relaxation terrace, lounge spaces, two conference/meeting rooms (200 m² combined), and over 2,000 m² of entertainment and commercial infrastructure. Two standout amenities: a floating restaurant over the water, and a floating spa complex.
Surroundings: white-sand beaches, coral lagoons, and nearby surf spots, mangroves, and snorkeling/diving zones, with a marine ecosystem that includes sea turtles.
Frequently asked questions
What does a "50+49-year" leasehold actually mean?
The developer's materials describe the land tenure as 50 years plus a further 49-year extension, rather than a flat single term — worth clarifying directly with the developer how automatic that extension is before treating the combined 99 years as guaranteed.
What's included in the resort besides the rooms and villas?
A panoramic ocean-view restaurant, lobby bar, co-working zone, cinema, spa, fitness and yoga facilities, kids' room, conference rooms, and two distinctive floating structures — a floating restaurant and a floating spa — over the water.
Who else has this developer built for?
Teus Group is also one of the three developers behind Desire Hotel & Residences Antalya, elsewhere in this catalog — useful context if you're evaluating their track record across markets.