A private island collection shaped by Baccarat's 260-year design heritage, set across five interconnected islands in the South Malé Atoll.
Beach, water and golf residences plus a limited collection of private-island mansions, presented to UK and international buyers through EGRE's London, Dubai and China advisory network.
Information and availability remain subject to project confirmation.
Baccarat Maldives occupies five interconnected islands in the South Malé Atoll, a short boat transfer from Velana International Airport. The masterplan balances private residential enclaves with a fully managed resort environment — arrival by marina, a calm lagoon setting, and a clear separation between homeowner areas and shared amenity.
The intent is a place that is genuinely private without being isolated: staffed and serviced, but shaped so that daily life for owners feels closer to a home than a hotel.
62 private residences arranged across beach, lagoon and golf positions — 22 two-bedroom, 16 three-bedroom and 24 four-bedroom. Each is designed as a standalone home rather than an apartment, with private pool, outdoor living and direct access to the water or fairway.
A single-storey pavilion set on a generous plot, with two grand suites, walk-in wardrobes, prep kitchen, powder room, outdoor dining and a yoga pavilion, arranged around a private 20-metre pool.
A two-storey residence with wrap-around balcony, two living areas, study, multipurpose room, private bar and a master suite with dedicated lounge. Available in beach and golf variants.
The largest of the standard collection, with four grand suites, two living areas, study, multipurpose room, private gym, maid's room and outdoor dining. Available in beach and golf variants.
Purchase currencies accepted: USD, EUR, AED, GBP. Prices are subject to change without notice. Phase 2 has not yet been released. All figures to be reconfirmed with EGRE before any offer.
Three- and four-bedroom residences positioned along the nine-hole course and driving range, retaining ocean orientation while opening a second aspect onto managed landscape. Owners receive unlimited complimentary golf, and pricing sits at a modest premium over the equivalent beach residence at the same bedroom count.
A very small number of ultra-private mansions are offered by special request only. Source documents describe both 5- and 7-bedroom versions on a private-island / peninsula setting, confirmed case-by-case with the developer.
Common features across the mansion collection: ~2,000 sqm internal area across two levels, staff accommodation, formal and informal dining, a show kitchen, a ~170 sqm wellness suite, a cinema room, lift, a ~30 metre private lap pool with additional pools, dedicated buggy parking and private staff quarters.
Baccarat, founded in 1764, brings a design language built on light, crystal and reflection. Architecture is by HKS Architects, interiors by 1508 London, lighting by L'Observatoire International and landscape by Topo Design Studio. The Crystal Garden art installation is associated with Marcel Wanders. The resort is operated by SH Hotels & Resorts, an affiliate of Starwood Capital Group.
Brand heritage (founded 1764)
Architecture
Interior design
Operator (Starwood Capital affiliate)
An amenity programme intended to work at the scale of a small island community — recreational, cultural and wellness-driven rather than purely leisure. Owners have full access outside a small number of designated peak periods.
EGRE does not treat a brand name, brochure or headline price as a complete acquisition case. Buyers should review the unit-specific legal documents, costs, usage conditions and long-term ownership obligations before proceeding.
~40-year sub-lease aligned to a head lease running to 2065, plus a pre-agreed 50-year extension option — cost included in the purchase price.
Including a 0.5% sinking fund. Building and contents insurance is shared with the developer per the SPA.
~18–24 month per-residence construction. 2-year structural warranty.
Confirm exact position, orientation, net internal area, plot boundary, pool size and furniture specification against the latest brochure. The Phase 1 price list and unit brochures show small discrepancies on pool and built-up area figures that should be reconciled before any offer.
Payment schedule: 10% on reservation (non-refundable after 30 days), 25% on SPA signing, 20% on foundations, 30% on roofing, 15% on handover. Purchase currencies accepted: USD, EUR, AED and GBP. Prices remain subject to change.
Sub-leasehold (strata) title, not freehold. Head lease runs to 2065 with a pre-agreed 50-year extension giving an effective tenure of ~90+ years. If not extended, the property ultimately reverts to the Maldivian government — conceptually similar to UK leasehold reversion.
1.5% annual service charge (of which 0.5% is a sinking fund). Building and contents insurance is shared with the developer per the SPA. Utilities, F&B and additional services are billed separately.
Owner use is unrestricted outside a small number of designated peak periods (cap to be confirmed). The rental programme is optional and discretionary via SH Hotels & Resorts, with no guaranteed yield — the developer's own marketing projection is ~8% p.a. average over 10 years assuming ~42 owner-use days/year (the developer's figure, not EGRE's, and not a guarantee). 10% management fee off the top; remainder split 50/50 owner/resort, paid semi-annually in USD.
Source documents do not disclose a specific resale fee, process or timeline. Resale prior to handover is described only as 'subject to certain conditions and approval from the developer'. Full terms should be confirmed against the SPA and reviewed with EGRE before purchase.
0% GST on purchase currently (subject to change). Rental income carries 16% local Tourism GST plus a 10% withholding tax. A 10% capital gains withholding tax applies to the gross resale price for non-resident sellers, reconcilable against actual gain. No Maldives inheritance tax. EGRE does not provide legal, tax or financial advice and directs buyers to qualified independent advisers on all such matters.
EGRE provides principal-led private advisory across the UK, UAE and China. For international buyers, this means a single point of contact for buyer registration, project communication, transaction coordination and access to external legal, tax and finance professionals — coordinated across time zones and languages.
EGRE acts as a non-exclusive introducing agent for Baccarat Hotel & Residences Maldives. Availability, terms and project materials remain subject to confirmation by the project principal.
1 Cornhill, City of London, EC3V 3ND
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Room 2303B, Chaowai SOHO-A, Chaoyang District
33/F, Tower 1, Hong Kong Industrial Center, Taikoo Hui, Jing'an District
No. 10, 6th Floor, China Resources Building, Nanshan District
202, Sian Building, No.19 Gaoxin Yi Road
4531, 45th Floor, Tower 1, Chengdu IFS
Current pricing, availability, purchase structure and contractual terms must be confirmed against the latest project documentation. Buyers should obtain independent legal and tax advice.
Receive the current residence schedule and arrange a confidential consultation with EGRE's private client team.
Information, imagery, dimensions, specifications, availability and terms are provided for general marketing purposes and remain subject to change and confirmation by the project principal. Nothing on this page constitutes an offer, contract, investment recommendation, legal advice or tax advice. Prospective purchasers should review the applicable transaction documents and obtain independent professional advice. EGRE acts as a non-exclusive introducing agent.
