Meva Paradise is a planned beachfront retreat on Île aux Nattes, Sainte Marie, Madagascar. The concept combines a larger 5 bedroom / 3.5 bathroom retreat house with distinctive 6 meter concrete dome bungalows. Phase 1 is planned to include the villa and four domes, with a longer term vision of eight domes.
The project is located on Île aux Nattes, just off the southern tip of Île Sainte Marie on Madagascar's east coast. The island is car free and surrounded by beaches, lagoon waters and coral reef.
No. Meva Paradise is currently a project under development. The beachfront land is secured, the architectural vision has been developed, and Phase 1 is being prepared. The architectural images shown represent the future vision of the retreat rather than completed facilities.
Phase 1 is planned around the main 5 bedroom retreat house and four dome bungalows. The broader concept also includes a spa, boutique / gift shop and future island experiences.
No. Investors do not receive equity or ownership in the company.
Instead, investors receive a proportional share of the 20% net operating profit pool generated by the retreat.
The 20% investor pool is divided proportionally among Phase 1 investors according to how much each investor contributes. For example, a $10,000 investment represents approximately 3.3% of a $300,000 raise, so that investor would receive approximately 3.3% of the 20% investor profit pool.
The profit share begins once the retreat is open and generating operating profit. The actual amount received depends on the retreat's operating performance, including occupancy, seasonality and broader economic conditions.