Kolaboro / Projects / Maldives
The Coral Residences, Kandima: reviews and facts
What is published about The Coral Residences, Kandima in Kandima island, Dhaalu Atoll, Maldives, what official registers and other sources say, and what changed over time. Facts only, each with its source.
- Location
- Kandima island, Dhaalu Atoll, Maldives
- Stage
- under construction · active coralresidencesmaldives.com
- Handover on record
- 2026 coralresidencesmaldives.com
- Permit or licence number
- not published
- Deposit protection
- not researched yet
- Page we read
- coralresidencesmaldives.com coralresidencesmaldives.com
- Last checked
- 5 Nov 2026
- Open data record
- MLE-003
In short
- The Coral Residences, Kandima is listed as under construction in Kandima island, Dhaalu Atoll, Maldives, by Pulse Hotels & Resorts. coralresidencesmaldives.com
- The handover date on record is 2026. coralresidencesmaldives.com
- No permit or licence number is published in the sources we read. coralresidencesmaldives.com
- Of 11 developer claims we checked, 4 are confirmed by a register or an independent source, 6 are not yet verified and 1 are contradicted by another source. Open data record
- The handover date moved 1 times in our records, by 15 months in total. promise tracker
What is promised
As published by the developer or on listing pages, in the wording of the source.
- Price from: USD 1,200,000 - 2,275,000 coralresidencesmaldives.com
- Units: 40 coralresidencesmaldives.com
- Unit sizes: 202 - 260 m² coralresidencesmaldives.com
- Unit types: 2BR, 3BR coralresidencesmaldives.com
- Payment plan: 30/20/20/20/10 (agent) coralresidencesmaldives.com
- Ownership: Strata title on government-registered leasehold under the Maldives strata programme; lease term not published coralresidencesmaldives.com
- Brand or operator: Kandima Maldives (Pulse Hotels & Resorts) coralresidencesmaldives.com
- Permit authority: Ministry of Tourism / Ministry of Housing (strata title registration) coralresidencesmaldives.com
- Deposit: 30% coralresidencesmaldives.com
- Handover promised: 2026 coralresidencesmaldives.com
- Original handover date: Q3 2025 coralresidencesmaldives.com
- developer: 40 two and three bedroom beachfront apartments on Kandima resort island coralresidencesmaldives.com
- developer: '7-8% net cash ROI and capital appreciation' (2026 site) coralresidencesmaldives.com
- developer press release Nov 2025: strata title programme, pre-launch from USD 1.2M, completion 2026 coralresidencesmaldives.com
- developer: construction progress video download (form-gated) coralresidencesmaldives.com
- press (Hotelier Maldives, Jun 2025): guaranteed minimum 6% net return for five years, then 50% revenue share coralresidencesmaldives.com
Delivery and delay record
Every dated promise we found, how it changed and whether the date has passed. Status rules: promise tracker.
- Handover or completion: 2026 date moved later · moved 1 times, 15 months in total
our research record of 1 Nov 2026 · Earlier dates on record: Q3 2025 (1 Nov 2026) coralresidencesmaldives.com
Permits and licences
- No permit or licence number is published in the sources we read.
- Agents describe it as a 'government-approved development' with strata title registered with the Ministry of Tourism; no approval or registration number published coralresidencesmaldives.com
Live check in the official registers
Queries the official registers we can reach for this country now and shows what each returns. Each answer is hashed (SHA-256); nothing is invented, a register with no data says so.
The six buyer checks
Public means the information is published. The level says who confirms it. Method: how we score.
| Check | Public | Who confirms it | What we found |
|---|---|---|---|
| Permit or licence number | no | stated only by the developer | Agents describe it as a 'government-approved development' with strata title registered with the Ministry of Tourism; no approval or registration number published coralresidencesmaldives.com |
| Deposit protection | no | not published | No escrow or bank guarantee stated coralresidencesmaldives.com |
| Construction progress | yes | stated only by the developer | Developer offers a construction progress video and a 'site progress' section; no % or dated report published coralresidencesmaldives.com |
| Floor or site plans | no | not published | Brochure is an image-only gatefold and plans are only sent on request; no floor plans on the site coralresidencesmaldives.com |
| Developer track record | yes | confirmed by an independent source | Developer site and Hotelier Maldives name Kandima, The Nautilus and Nova as Pulse properties coralresidencesmaldives.com |
| No guaranteed returns | yes | not published | Hotelier Maldives (Jun 2025): 'guaranteed minimum return of 6%... for the first five years'; developer site 2026: '7-8% net cash ROI' coralresidencesmaldives.com |
Developer claims we tested
| Claim (source wording) | Result | Checked against | Source |
|---|---|---|---|
| Guaranteed minimum 6% net return for five years | verified | independent | hoteliermaldives.com |
| 7-8% net cash ROI | not verified yet | coralresidencesmaldives.com | |
| Completion Q3 2025 | contradicted | coralresidencesmaldives.com | |
| Completion 2026 | not verified yet | coralresidencesmaldives.com | |
| Strata title open to international buyers | verified | independent | hoteliermaldives.com |
| Developer built and operates Kandima, Nautilus and Nova | verified | independent | hoteliermaldives.com |
| 40 apartments | verified | independent | hoteliermaldives.com |
| Prices from USD 1.2M | not verified yet | kandima-maldives.prezly.com | |
| Owners eligible for 5-year residency visa | not verified yet | avertiss.com | |
| Lease registered with the Ministry of Tourism | not verified yet | avertiss.com | |
| Buyer payments protected by escrow | not verified yet | coralresidencesmaldives.com |
What changed, with dates
- No dated change recorded yet.
- Fingerprint of the developer page text on 5 Nov 2026: SHA-256
243efd75deb2ec47.... Anyone can check it on kolaboro.com/verify. kolaboro.com/verify
Public reports
What public sources report, with the link. We list reports; we do not judge the developer.
- No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read.
About the developer
- Head office: Malé, Maldives coralresidencesmaldives.com
- Legal entity: Pulse Hotels & Resorts coralresidencesmaldives.com
- Projects delivered: 3 coralresidencesmaldives.com
- Developer site and Hotelier Maldives name Kandima, The Nautilus and Nova as Pulse properties coralresidencesmaldives.com
Similar projects
- SAMANA Ocean Views by ELIE SAAB Maldives · off-plan
- Paradiso Place Gold Coast · under construction
- Acquarello Residences Costa Rica · under construction
- Incontro Apartments Perth · under construction
- Two Sudirman Private Residences Jakarta · under construction
Market context: Maldives
- We track 3 projects in Maldives. 0% publish a permit or licence number and 33% state deposit protection. kolaboro.com/m
Buyer reviews
There are no verified buyer reviews of The Coral Residences, Kandima yet. We publish a review only from a buyer who proves the purchase (fingerprint of the contract or receipt, signed with a passkey) and only after a moderator has read it.
Reviews waiting for moderation are not shown.
Right of reply
Are you the developer? Send documents and we add your reply to this page. Found a wrong fact? Tell us and we correct it with a dated note.
Reply as the developer Report a correction Questions to ask the developer
Before you pay
Paste the project link for a free live check of what official registers say. For a full desk review and a site visit by a local agent, order the pre-purchase check.
Questions buyers ask
Is The Coral Residences, Kandima legit?
Kolaboro does not label projects or developers. What the public record shows: No permit or licence number is published in the sources we read. Of 11 developer claims we checked, 4 are confirmed by a register or an independent source, 6 are not yet verified and 1 are contradicted by another source. The handover date on record is 2026. No reports of disputes, regulator action, stoppages or financial difficulty found in the sources we read. Check the sources on this page and ask the developer for documents before paying.
When will The Coral Residences, Kandima be delivered?
The handover date on record is 2026. The handover date moved 1 times in our records, by 15 months in total.
Who is the developer of The Coral Residences, Kandima?
Pulse Hotels & Resorts, according to the sources listed on this page.
Does The Coral Residences, Kandima have a permit or licence?
No permit or licence number is published in the sources we read.
Are there reviews of The Coral Residences, Kandima?
There are no verified buyer reviews yet. Buyers who prove their purchase can submit one; it is published after moderation.
Sources
Every fact on this page links to its source. Pages we read are fingerprinted and kept by date.
- coralresidencesmaldives.com https://coralresidencesmaldives.com/en_US/the-residences/
- coralresidencesmaldives.com https://coralresidencesmaldives.com/wp-content/uploads/2025/12/Own-A-Slice-of-Paradise-The...
- coralresidencesmaldives.com https://coralresidencesmaldives.com/
- coralresidencesmaldives.com https://coralresidencesmaldives.com/en_US/why-us/
- coralresidencesmaldives.com https://coralresidencesmaldives.com/media_downloads/
- hoteliermaldives.com https://hoteliermaldives.com/the-coral-residences-at-kandima-maldives-new-era-of-luxury-is...
- kandima-maldives.prezly.com https://kandima-maldives.prezly.com/own-a-slice-of-paradise
- varsoviaestate.com https://varsoviaestate.com/en/properties/maldives/maldives/coral-residences-kandima
- avertiss.com https://www.avertiss.com/en/property/442860/for-sale/residence/male/male/2-bedroom-residen...
Last checked 5 Nov 2026. How we collect data: data policy. Facts quoted from sources are shown in the language of the source.