Sri Lanka: Matara Fort Beach Front Resort Development Land

Sri Lanka: Matara Fort Beach Front Resort Development Land

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    Sales Summary

    Location: Matara Fort, Southern Province, Sri Lanka
    Category: Beach Land (for Commercial Development)
    Price: US$ $ 750,000
    Size: 5,875 SQM
    Price per sq.m US$ 127.65/SQM
    Ownership Structure: Company owned. Easily transferable to foreigners without being liable to pay land tax
    Property Name Mahawatta Plan No 803 and Plan No 804 (Villa Heritage Beach Resort)
    Seller: Bak Mee Mal (Pvt) Ltd.
    Contact: Chitra Chandrasiri +94 77 123 5050 chitra@villaheritagehotels.com

    Location Map

     

    Resort Land Description

    Fantastic opportunity to purchase a unique beachfront land in an exclusive location within the historical Matara Fort. Located within easy access to the vibrant Southern city of Matara and in close proximity to many attractions such as the Star Fort, Blue Whales watching, Yala National Park etc, it is ideal for a luxury hotel development. The distance from Colombo to Matara is about 160km and easily accessible via Southern Expressway. The property has good motor-able access and serviced with electricity, water and other city amenities. Clear title deeds and easily transferable to foreigners.

    • Total extent of the land: 5,875 square meters
    • US$ 750,000

    Weather

    Year-round warm temperatures.

    International Accessibility

    160 km from Colombo and easily accessible via Southern Expressway.

    Infrastructure

    All the necessary infrastructure is available around this area. Electricity, water, and a new expressway make this a great location for a new resort or a boutique hotel.

    Investment Tax Incentives & Preferential Policies

    Attractive tax incentives are available for Investors, depending on the Industry & capital investment in Sri Lanka, such as Tax Holidays & Tax concessionary rates and duty exemptions.

    Websites

    Sri Lanka Tourism Development Authority

    Sri Lanka Board of Investment

     

     

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