Kanuhuraa resort run in Lh. Atoll has been put up for sale.
The Tourism Ministry of the Maldives made an announcement today that the leaseholders of the resort had informed the Ministry of their wish to change their legal rights. The changing of rights is for the sale of the resort to another party.
The Ministry announcement today also read that any party with overdue payments from the resort or debt are to inform the Ministry within two days by writing.
The resort is operated by the Sun Limited Company of Mauritius.
A foreign media has reported that the sale of the resort to a company named Leisure Oceans will be completed by July. Kanuhuraa has an estimated worth of MVR 2.4 billion.
The resort is a five star resort with multiple different types of villas.
Kanuhuraa was opened in 2007 after the Masleggi Huraa and Jehunu Huraa were connected. The resort was previously run under the One & Only resort brand as well.