eden

Eden Island

Project Description:

Eden island is a man-made 56 hectare island created through land reclamation from the sea. The project is a private residential marina which entailed the development and construction of 578 luxury residential units. The project also has a retail center with a supermarket, restaurants, jeweler, wine shops, boutiques, bookshops, pharmacies and banks amongst others.

Impact:

Eden Island has contributed significantly to the country’s forex generation and is expected to remain an important source of much needed foreign currency through attracting high net-worth international tourists with substantial spending power and foreign direct investment.

The houses are sold in foreign currency and this represents a major direct injection into the country’s forex reserves.

Project Details:

  • Long-term Financing
  • US$ 10 million
  • US$ 10 million
  • US$ 15 million
Client name:
Eden Island
Location:
Seychelles
Started
2010
Completed:
2013
Date:
2010, 2011, 2013
Value:
US$ 10 million; US$ 10 million; US$ 15 million
Category:
Hospitality/Real Estate
Architect:
New and Expansion
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