The back story 1
The rules.
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The back story
What foreigners can and can’t buy in the Maldives
Foreigners cannot own freehold land in the Maldives. What is offered is leasehold, and the terms depend on the project.
2 of the best · the Maldives, Indian Ocean
Property in the Maldives: What Foreigners Can Buy
The rule to know first (no freehold land for foreigners), and the state developer behind Hulhumalé.
Our 2 favourites, listed A–Z · Updated October 2026
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Insiders' picks
Three of our favourites from this list, vetted by people who know and love the Maldives.
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The developer behind Hulhumalé
Housing Development Corporation (HDC)
The 100% state-owned developer, founded in 2001, behind the Hulhumalé smart city on reclaimed land and the Thilafushi, Kudagiri and Rasmalé projects.
HDC Building, Hulhumalé 23000, Republic of MaldivesExplore View on map
The full list: Property, A–Z
Neighbourhood
Developers 1
Who builds.
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The developer behind Hulhumalé
Housing Development Corporation (HDC)
The 100% state-owned developer, founded in 2001, behind the Hulhumalé smart city on reclaimed land and the Thilafushi, Kudagiri and Rasmalé projects.
HDC Building, Hulhumalé 23000, Republic of MaldivesExplore View on map
This is general information, not legal advice. Have a Maldivian lawyer check any purchase or lease.
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