Exclusive hotel project for sale in Sri Lanka
Charming resort with 2 villas near the beach
Buildings almost completed
Areas available for further holiday homes
Quiet coconut plantation on Sri Lanka's south coast
Own use or investment property
Ocean Garden Villas
The quiet resort “Ocean Garden Villas” with 2 charming villas is being built on the enchanting grounds of a former coconut plantation near the idyllic seaside village of Induruwa on the south coast of Sri Lanka. Properties are rarely offered for sale in this sought-after area, so this is a unique opportunity to make sure your own private place in paradise.
The ground-level, step-free houses have been designed by the owners themselves and being planned with attention to detail. Both houses are detached on spacious grounds with their own gardens and private pool.
Construction started in April 2020 and the building ensemble with the associated pool is approximately 80% completed. As the sellers will be leaving Sri Lanka for professional reasons, completion has been suspended since December 2020.
The land for sale is part of a 395 perches plantation and covers an area of 44 perches. The part of the land not for sale remains in the possession of the seller.
It is possible to build more villas on the property to further develop the resort.
The purchase of this hotel project offers the opportunity to set own design accents during completion and to acquire a profitable property in an established tourist environment for rental to holiday guests or for own use.
The stone-built, 592 sqf house is furnished with colonial-style antiques and combines traditional living ambience with modern comfort. Local building materials and regional style elements give the villa an authentic, tropical flair. The building is ready to move into. Electricity, water supply and A/C are already in operation.
The roof is covered with classic clay tiles. Windows and doors are made of local wood with traditional carvings. The roof construction is supported by classical columns.
Villa 1 offers space for 2 persons in the combined living/bedroom of 279 sqf. The shower room is 193 sqf. A 129 sqf terrace and a private pool are adjoining the building.
The sellers have calculated earnings of $290 per day for this house for rental to discerning holiday guests.
Villa 2 is under construction. The 592 sqf building is planned in the same style and construction as Villa 1. The seller has calculated costs of Rs. 4,000,000 for completion ready for occupancy, which are not included in the purchase price.
The house offers space for 4 people. The bedroom and living room are 473 sqf in total. The adjoining shower room has an area of 215 sqf. The terrace at the house is with 182 sqf slightly larger than the one in villa 1.
The prospective rental income for this villa is estimated by the vendor at $350 per day for an upmarket clientele.
The “Ocean Garden Villas” in the style of the region are picturesquely embedded in the beautiful nature and invite you to enjoy wilderness and flora of the surroundings.
The idyllic grounds of about 395 perches offer wonderful views and exotic flair. Fragrant flowers and colourful blossoms make the property a hidden natural paradise that also attracts many native animals. Parrots, chipmunks, peacocks and monkeys bring wild life to the tranquil tropical garden.
Each villa has two garden areas of its own. Villa 1 has two garden areas of 1980 sqf and 839 sqf each. Villa 2 has two garden shares of 947 and 1162 sqf respectively. Both properties offer a parking space for two vehicle each.
Villa 1 has an 80 % completed 236 sqf private pool in one of the two gardens belonging to the house. Only a few more steps are necessary to complete the pool.
All building materials and technical equipment required for the operation of the pool have already been purchased and are included in the purchase price.* The seller has received offers of Rs. 200,000 for the completion of the pool.
There is a well for the environmentally friendly water supply for the pool.
*Pump, skimmer, tiles, motor
Athuruwella means “dream beach” and is a promise with crystal blue water, golden yellow beach and coconut palms!
A 120 m long footpath leads from the resort down to the wide, white beach with the imposing black rocks. Those who seek calm, they will find their favourite place here. Situated exactly between two villages, you will hardly meet any other visitors on this beach. Here you only snorkel together with the turtles that lay their eggs in the warm sand. Enjoy the dreamlike sunset in your private tropical paradise.
S.A.S De Silva, Glory Homestay, 46 Meda Bowala Road, 2000 Kandy , Sri Lanka
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