HDC launches island retreat for upscale real estate
HDC stated that the project aligns with its broader vision of expanding the luxury real estate and tourism sectors in the Male area
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Housing Development Corporation (HDC) has launched the Nooveli Island Retreat project at K. Galufalhu, an upscale island development catering to high-income individuals.
Economic minister Mohamed Saeed inaugurated the project on Tuesday evening at a ceremony held in Central Park, Hulhumale.
The Nooveli Island Retreat, situated 10 minutes from Male, is designed to offer luxury accommodations along with various amenities. The development includes:
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Lagoon View Residences: 31 units with direct views of the lagoon.
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Horizon View Residences: 31 units with extensive views.
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Guest Villas: 39 units for short-term stays.
Additionally, the project will offer facilities such as a water sports and dive centre, a commercial plaza, an event hall, a banquet hall, and a convention centre to support various functions. Recreational spaces will also be available to residents and guests.
HDC stated that the project aligns with its broader vision of expanding the luxury real estate and tourism sectors in the Male area, aiming to attract high-net-worth individuals seeking exclusive vacation experiences and investment opportunities.
