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Brand New Boutique Hotel Retreat Villa In Srilanka For Sale

Midigama, Sri Lanka
Asking Price:
$690,000 (USD) Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

We are selling our five bedroom Boutique Hotel at the south coast of Sri Lanka!

Situated 150 meters from the beach at Denuwala, Midigama, with multiple surf spots in the area: the property is located in a high-demand upscale surfing and yoga destination.

The property is built on a 60 perch / 1500 m2 land, consists of 4 buildings with a total of 5 bedrooms and sleeps up to 12 persons. It offers amazing opportunities both for commercial use as a 5-bedroom Boutique Hotel, to organize retreats, or even for residential use: the property is perfectly suited to live in the 2-bedroom villa with more 3 separate luxury bedrooms to rent out.

Description of the 4 buildings:
1) Luxurious 2-bedroom villa with light and open living room and kitchen, 2 bedrooms with both en-suite bathrooms and indoor and outdoor showers. The villa is surrounded by greenery, and has a private garden patio and veranda (1118 Sq Ft).
2) Spacious bungalow with two luxury suites with both en-suite bathrooms, walk-in closet, large outdoor veranda and garden (839 Sq Ft).
3) Honeymoon-style king suite with king-size bed, walk-in wardrobe, indoor-outdoor bathroom and private veranda (538 Sq Ft).
4) Fully equipped, catering size kitchen with spacious veranda, a storage and staff area (635 Sq Ft).

Pool size: 10 meter x 4 meter

Initially we bought 40 perch / 1000 m2, on which we built the 4 buildings. Recently we purchased 20 Perch / 500 Sq M next to it, which is now used as a spacious garden, but offers great opportunities to expand as well.

Designed by a Brazilian architect. Construction finished in January 2020.

Price: USD 690.000,- (negotiable)

About the location:
150 Meter from the beach at Midigama, 2 minutes from Ahangama. The historic Galle Fort is 35 minutes away, the tourist hot-spot Mirissa is 15 minutes away and the city of Colombo is a 2 hours drive.

Price is negotiable and includes all equipment, linens, furniture and artifacts.

Please contact us for further details and/or to arrange a viewing of this exceptional property!

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Luxurious 2-bedroom villa with light and open living room and kitchen, 2 bedrooms with both en-suite bathrooms and indoor and outdoor showers. The villa is surrounded by greenery, and has a private garden patio and veranda.
Furthermore, there is a spacious bungalow with two luxury suites with both en-suite bathrooms, walk-in closet, large outdoor veranda and garden (839 Sq Ft). And a honeymoon-style king suite with king-size bed, walk-in wardrobe, indoor-outdoor bathroom and private veranda (538 Sq Ft). Plus a fully equipped, spacious kitchen with spacious veranda, a storage and staff area (635 Sq Ft).

Generous pool: 10 meter x 4 meter

Location:

Situated 150 meters from the beach at Denuwala, Midigama, with multiple surf spots in the area: the property is located in a high-demand upscale surfing and yoga destination.

Premises Details:

This unique property is a luxury, boutique-style hotel set in a tropical oasis of palm trees and greenery, situated only 150 meters from the beach at Midigama in the South of Sri Lanka. The property is built on a total of a 60 perch / 1.500m2 land and has great potential both for commercial and residential use. The property has been designed by a Brazilian architect and the construction finished in January this year 2020. It still offers 8 months construction warranty guaranteed by the contractor.

Size in square feet:
16,150

Business Operation

Expansion Potential:

Initially we bought 40 perch / 1000 m2, on which we built the 4 buildings. Recently we purchased 20 Perch / 500 Sq M next to it, which is now used as a spacious garden, but offers great opportunities to expand the business as well.

Competition / Market:

The superb location and ease of access make this property stand out: it's located 150 meters from the beach with multiple surf spots around. It is centrally located, in an easily accessible, quiet area. Denuwala's green, tropical environment makes the place a tropical oasis of peace and tranquility, frequently visited by tropical wild life like birds, and monkeys. It's a peaceful haven to relax and feel at home in an intimate, boutique surrounding. The property is situated in a tranquil area at a quiet street (therefore no noise from the busy main road with its loud traffic), without sacrificing on accessibility of the location.

Reasons for selling:

One of our business partners is moving back to Brazil, hence the decision to sell the property.

Trading hours:

24/7

Employees:
3
Years established:
2020

Other Information

Support & training:

We can discuss any support needed for future owners.

Related Documents:

Contact Information

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