Tag: Real Estate Law

Apex Law LLP > Blog > Real Estate Law

Maldives Introduces New Strata Villas Regulation: A Guide for Investors and Developers

The Maldivian government, through the Ministry of Tourism, has officially unveiled the “Strata Villas Regulation” (Regulation Number: 2023/R-154), a pivotal piece of legislation designed to govern the long-term lease of villas and rooms within integrated tourist resorts under a strata principle. This regulation provides much-needed clarity and a structured framework for both developers and potential […]

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Understanding the Strata Properties Act 2021: A New Framework for Multi-Unit Property Ownership in the Maldives

The enactment of the Strata Properties Act 2021 marks a significant shift in property ownership and real estate development in the Maldives, introducing a legal structure for strata properties — multi-level complexes comprising separately owned residential or commercial units with shared common areas. This modern legal framework paves the way for organized vertical living and […]

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