A Stunning Beachfront Hotel in Sri Lanka for Sale

Asking Price: On Request
Real Estate Details
Listed on Jun 8, 2023

an exciting opportunity to acquire a truly exceptional beachfront hotel that has become available for sale. As an investor with an eye for opportunity, I believe this will captivate your interest and align with your investment objectives.

Property Details:

Location: Wadduwa
Description: 2.5 Acres of beach front land with owner built property with 24 suits with stunning ocean views, direct beach access, luxurious amenities.
Size: 35,000 sqft
Facilities: Restaurant, billiard room with billiard table piano room with 100 year old baby grand piano, banquet hall and ample land for further expansion

Unique Selling Points: All approvals in place. Owner built not to be sold, just a hour away from Colombo. Turn key operation opportunity
Why This Investment Makes Sense:

Prime Location: The hotel boasts an enviable beachfront position, providing guests with breathtaking views and direct access to the sandy shores. Its proximity to popular tourist attractions and vibrant entertainment venues ensures a steady stream of guests year-round.

Lucrative Revenue Potential: The hotel presents an opportunity to generate attractive returns on investment. The region's thriving tourism industry and consistent demand for beachfront accommodations further contribute to its revenue potential.

Upscale Amenities: The property features an array of upscale amenities, including fine dining restaurants, a spa, fitness facilities, conference rooms, and more. These offerings cater to both leisure and business travelers, enhancing the hotel's appeal and revenue streams.

Future Development Opportunities: There may be potential for further expansion or development on the property, allowing for additional revenue streams or the introduction of new facilities. This grants you the flexibility to explore various growth strategies and maximize the hotel's long-term potential.

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Financials (USD)

Net Operating Income (Annual) Not Disclosed

Asking Price Not Disclosed

Cap Rate Available On Request

Additional Details

Street Address Wadduwa - Morontuduwa Road

Suite/Unit Number 24

Building Area 35000.00 Square Feet

Building Class Class A Building

Year Built/Renovated 2012

Percent Occupied 60%

Land Area 3.00 Acres

Deal Terms

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

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