25.97° S · 32.90° EINHACA ISLAND · MOZAMBIQUE · INDIAN OCEAN
A PRIVATE WORLD, JUST BEYOND MAPUTO
Leave the world.
Find Mangal.
Wake barefoot beneath the coastal canopy. Cross warm water by private boat. Swim toward an empty horizon, dine by firelight, and let the island keep the time.
PRIVATE BOAT ARRIVAL
25 SECLUDED RESIDENCES
WARM INDIAN OCEAN
HOSTED, UNHURRIED, YOURS
US$206.82m MODELLED 10-YEAR TURNOVER
YEAR 6 MODELLED SENIOR DEBT REPAID
US$61.69m MODELLED DISTRIBUTIONS · Y6–Y10
US$107.46m MODELLED DCF ENTERPRISE VALUE
THE MANGAL IDEA
Not simply a place
to stay. A place
to belong.
Mangal is conceived as a low-density eco‑resort on Inhaca Island—an intimate collection of residences, shared rituals and extraordinary access to the Indian Ocean.
Architecture rests lightly inside the indigenous canopy. Local stone, timber screens and woven shade create spaces that breathe with the island. Every arrival, meal, swim and sunset is designed to feel effortless, personal and deeply connected to place.
villas
capacity
years
participation
01 · AFTER DARK
THE ART OF DISAPPEARING
Some places
change your view.
This one changes
your rhythm.
No schedules pinned to a wall. No crowded breakfast room. Mangal is a private island journey composed around you—slow mornings, reef-blue afternoons, candlelit tables and the quiet luxury of being known without being interrupted.
Make the island yours ↗THE ISLAND, IN FRAMES
Every corner holds
a different rhythm.
01 / 05
THE ESTATE
Low-density architecture held inside living coastal forest.
PRIVATE RESIDENCES
Space to exhale.
Generous, open-air residences dissolve the boundary between interior calm and the island’s natural rhythm.
Indicative preview rates shown in USD and subject to final operating programme, season and availability.
THE ARCHITECTURAL DOSSIER
Vision, made
buildable.
Across its 3.8-hectare island site, Mangal brings together marine access, villa typologies, hospitality spaces, commercial kitchens and cold-chain logistics as one complete environment. Select any drawing to inspect it in full.
0113AUTO PLAY
THE MANGAL RHYTHM
Wake with the forest.
Move with the tide.
Days unfold without urgency: a dawn crossing, reef water, long lunches in salt air and the kind of evening that asks for nothing but another hour.
A DAY AT MANGAL
Nothing to chase.
Everything to feel.
Wake to salt air
Coffee arrives as the first light moves through the canopy.
Follow the reef
A private crossing into clear water, warm currents and open sky.
Disappear awhile
Your pool, your terrace, the forest breathing beyond the screen.
Dine into dusk
Fire, local produce and the Indian Ocean turning liquid gold.
INHACA ISLAND
Close to Maputo.
Far from ordinary.
Inhaca sits at the edge of Maputo Bay, where protected marine habitats, coral reefs, coastal forest and Mozambique’s warm Indian Ocean converge.
HELICOPTERPrivate resort helipadDirect, on request
PRIVATE BOATResort jetty arrivalWeather dependent
ISLAND TRANSFERHosted guest mobilityIncluded by package
ARRIVAL, REIMAGINED
From first step,
the island is yours.
Your Mangal journey begins before the shoreline—privately hosted from Maputo, received at Inhaca and carried seamlessly into the forest.
THE NATIONAL OPPORTUNITY · A OPORTUNIDADE NACIONAL
Protect Inhaca.
Unlock lasting value.
Mangal is a regulated, low-density tourism platform designed to convert Inhaca’s marine, coastal, mangrove and forest environment into durable national value—without asking Government to fund the resort.
Private capital, formal employment, local procurement, foreign-currency earnings, recurring taxes, destination visibility and conservation investment come together in one controlled development.
WHAT MOZAMBIQUE RECEIVES
One approval pathway.
Decades of national value.
Environmental protection, international demand, local benefit and investor value are designed to reinforce one another.
Private investment
A defined hospitality development with land and DUAT rights contributed by the project company, strategic capital funding development, launch and growth, and no resort-development funding requested from Government.
Foreign-currency earnings
International accommodation, dining, activities, transfers, wellness and experiences bring tourism-export receipts into Mozambique and strengthen the country’s premium destination profile.
Jobs that become careers
Approximately 40 permanent roles spanning guest relations, housekeeping, food and beverage, engineering, security, logistics, environmental management, water, energy, wellness and administration.
Mozambican capability
Hospitality, English, safety, food hygiene, first aid, environmental, digital-system and leadership training—built around advancement, not merely short-term employment.
A local economic anchor
Food, seafood, transport, boat services, maintenance, laundry, landscaping, furniture, crafts, culture, repairs and professional services sourced locally wherever quality, legality and sustainability standards are met.
A formal tax base
Applicable corporate income tax, VAT, payroll obligations, social-security contributions, tourism licences, environmental fees, DUAT charges and lawful Government fees.
A reason to choose Mozambique
A premium Maputo-to-Inhaca journey that can extend visitor itineraries and benefit airlines, travel partners, Maputo, the southern coast, conservation areas and future investment.
Nature is the business
Protected mangroves, beaches, coastal forest, marine habitats and wildlife preserve the guest proposition, employment base, operating revenue and long-term asset value.
PUBLIC-VALUE COMMITMENT REGISTER
32% IRPC · 16% VATCurrent Government-profile modelling assumptions, subject to final tax verification
10-year reportingTransparent Government Revenue Schedule covering taxes, fees, wages and formal contributions
Economic impactDirect, indirect and induced value, procurement, foreign currency, tax, wage and conservation-spend assessment before close
Supplier developmentSupport for hygiene, consistency, invoicing, packaging, service and sustainable-sourcing readiness
APIEX INVESTMENT CASE
Take an investment-ready Mozambique story to the world.
Mangal is positioned as a defined hospitality investment—not an undeveloped land concept. APIEX can introduce it to hotel operators, private-equity investors, development-finance institutions, green funds, infrastructure partners and international travel groups.
Clear Government coordination reduces execution risk, allows lenders to assess the opportunity and demonstrates that Mozambique is ready for sophisticated, responsible tourism capital.
These figures reproduce the supplied Government and APIEX profile, which also models base-case senior-debt repayment during Operating Year 5. The detailed investor chapter below preserves the current authoritative Section A model and its separate assumptions. Both remain planning outputs subject to reconciliation, independent audit, approvals, financing terms and full due diligence.
THE ENVIRONMENTAL COVENANT
Strong conditions protect a strong investment.
The final footprint will follow the approved environmental and social process. No building is proposed in prohibited conservation areas, mangroves, wetlands, unstable dunes, turtle-sensitive zones or other unsuitable areas.
Controlled treatment, monitored performance and lawful removal protect land, groundwater and marine systems.
A preliminary 112-guest planning basis with treatment, storage, redundancy and efficiency, subject to hydrogeological study and approval.
Higher revenue per visitor with less pressure on land, water, beaches and community infrastructure.
Ecological, mangrove, marine, coastal, hydrological, climate, social, wastewater, waste, lighting, access and visual-impact work before construction.
RESILIENT ISLAND SYSTEMS
Solar generation, efficient equipment, treated-water storage, wastewater treatment, resource monitoring, controlled lighting and lawful waste removal reduce operating risk and improve island resilience.
THE GOVERNMENT DECISION
Approve the pathway.
Unlock the opportunity.
A transparent, coordinated process preserves Government control while giving investors and lenders the certainty required to mobilise.
Confirm land status, DUAT position, cadastral boundaries and the legally appropriate development route.
Define the approved footprint, conservation restrictions, monitoring conditions and enforceable safeguards.
Align tourism, maritime, municipal, conservation, investment and other competent authorities.
Present a diligence-ready opportunity to strategic investors, DFIs, operators and infrastructure partners.
Complete legal, market, technical, environmental, tax, financing and operator diligence before capital commitment.
LONG-TERM ALIGNMENT40%Project-company participation retained
A Community Partnership Framework will establish formal channels for consultation, employment, procurement, grievances and transparent benefit reporting. Mangal succeeds when Government, investors, Inhaca communities and the project all see durable value.
READY FOR GOVERNMENT AND INVESTOR PARTNERSHIP
Mangal is ready to invest, employ, procure locally, pay taxes, train Mozambicans and market Inhaca internationally.
Review the investor case ↓THE INVESTMENT CASE
A scarce island asset.
A layered revenue story.
Mangal brings together a compelling destination, high-design hospitality and access infrastructure in one defensible resort proposition near Mozambique’s capital.
Destination scarcity
Low-density island hospitality with direct proximity to Maputo and regional air connectivity.
Multiple demand pools
International leisure, regional escapes, private groups, celebrations and strategic corporate retreats.
Layered revenue
Accommodation, food and beverage, transfers, water activities, private events and curated experiences.
Brand-led value
A coherent architecture, service and sustainability identity designed to compound destination equity.
AUTHORITATIVE SECTION A MODEL
Designed to create value.
Structured to return capital.
The authoritative base case combines operating cash generation with a 60% investor interest and investor-backed senior facility. A 100% excess-cash sweep prioritises debt reduction before shareholder distributions.
THE INVESTABLE ASSET
Not a hotel concept.
A complete island system.
Section A models the residences, access fleet, utilities and guest infrastructure as one operating ecosystem—designed for premium rates, controlled capacity and resilience beyond the mainland grid.
112-guest maximum design capacity, with an opening package rate of US$800 per guest-night and a 10% peak-season premium.
Private helipad, AW109 planning basis, Candela P-12 electric ferry, resort jetty, marine fleet, island vehicles and electric guest mobility.
Two modular treatment trains, three production boreholes and 650 m³ of raw, potable and fire-water storage.
A dedicated operating workforce, with occupancy ramping from 40% to 50% and stabilising at 60% from Year 3.
Coastal-forest planning, responsible water systems, electric mobility direction and a framework for local skills and procurement.
Spa, excursions, food-and-beverage, marine-transfer and other ancillary revenues are held at zero in the current revenue case.
TRANSACTION ARCHITECTURE
Capital, collateral
and control.
A transparent view of the current Section A structure. Every term remains subject to definitive agreements and independent diligence.
Investor ownership60%Ordinary equity interest
Holding company interest40%Retained by the project holding company
Land security valueUS$7.20mNon-cash contribution; valuation open
Opening senior debtUS$41.02mIncludes modelled capitalised interest
Debt rate12.0%Fixed planning assumption
Cash sweep100%Post-reserve excess cash until repayment
Scheduled DSCR target1.30×Subject to lender covenant
Liquidity reserve3 monthsOPEX reserve before distributions
Opening collateral cover1.18×Land plus project assets
Modelled lender IRR12.0%Before definitive financing terms
UPSIDE / DOWNSIDE LENS
Conviction,
with its eyes open.
The model does not rely on a single untested future. Five integrated cases vary capital cost, occupancy, rate, payroll, fuel, interest and lifecycle reinvestment. Select a lens to see what each case is designed to test.
MANAGEMENT CASE · VALUE CREATION
Outperformance is operational—not speculative.
The management case tests 5% stronger occupancy and pricing, paired with disciplined purchasing, payroll and fuel performance. Additional upside remains outside the base model because food and beverage, excursions, spa, marine transfers and other ancillary revenue are currently held at zero.
- Occupancy
- +5%
- Rate
- +5%
- Guest cost
- −2%
- Fuel cost
- −5%
WHY THE STRUCTURE MATTERS
Two return engines.
One aligned outcome.
Investor-aligned development
The authoritative framework models 60% investor equity, a 40% interest retained by the project holding company and investor support for 100% of the senior facility.
Cash flow prioritises protection
A 1.30× scheduled DSCR target, liquidity reserve and 100% voluntary excess-cash sweep place debt service ahead of distributions.
Credit protection becomes equity participation
A modelled 12.0% lender IRR is complemented by majority participation in residual value and distributions projected to begin after debt repayment.
THE DILIGENCE GATEWAY
An opportunity worth proving.
The opportunity is compelling, but Section A’s consolidated model status is FAIL while known scope gaps remain open. The next increase in value comes from converting assumptions into contracts, independent opinions and executable evidence.
- 01Independent model audit and cost-of-capital reviewOpen
- 02Land valuation, DUAT and security perfectionOpen
- 03Priced EPC/BOQ and two-year delivery programmeOpen
- 04Market study, operator plan and commercial benchmarkingOpen
- 05Tax, VAT, environmental and water-resource diligenceOpen
INDICATIVE DEVELOPMENT LOGIC
Built in phases.
Designed as one.
A phased pathway can align capital deployment with delivery risk, demand validation and operating readiness while protecting the integrity of the full master vision.
01Enabling & accessJetty, mobility, utilities, reception and back-of-house readiness.
02Hospitality coreSignature residences, pool, dining and guest experience launch.
03Measured expansionAdditional keys, activities, events and brand partnerships.
Authoritative source: Mangal Section A, supplied 26 July 2026. Figures are unaudited model outputs—not guarantees, offers or forecasts—and may change materially. Section A marks its consolidated DFI model status FAIL because identified assumptions and scope gaps remain open, including financing fees, replacement CAPEX, parts of operating cost, legal structure and supporting evidence. The 16.9% downside IRR was provided separately by the project sponsor. Independent model audit, valuation, legal, market, tax, environmental, technical, operator and lender diligence is required before any investment decision.
ISLAND STEWARDSHIP
Luxury that leaves
more than it takes.
The vision starts with restraint: preserving canopy, prioritising passive comfort, managing water and waste responsibly, strengthening local supply and creating dignified island employment.
- Low-density site planning
- Passive shade and ventilation
- Water and energy efficiency direction
- Local skills and procurement
- Marine and coastal sensitivity
PLAN YOUR ESCAPE
Your island is waiting.
Send a priority reservation enquiry. Our island team will confirm availability, transfers and a stay shaped around you.
ENQUIRY PREPARED
We’ll meet you at the edge of the island.
Your reservation request has been prepared. In this preview, no external message is sent; connect the production booking endpoint before launch.