Development opportunity for 10 bedroom hotel
Balapitiya,
Ambalangoda
US$ 140,000LKR 42,560,000
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FOR SALE
SKU: SL805
Property type: Hotels
Bedrooms
10
Bathrooms
10
The space
Land Size: 14701 Sq Ft
Land Size In Perches: 54 (1,365 Sqm)
Tenure: Freehold
Nearest Beach: Balapitiya (1.5km)
Nearest Town: Ambalangoda (3.5km)
Nearest Airport: Colombo
Amenities
Lake view
Parking
Description
We are pleased to bring to the market this fantastic development opportunity located on Balapitiya river. It is only 1.5km to Balapitiya beach and 3.5km to Ambalangoda town.
The development plot has planning consent for a 10 bedrooms hotel. Plans and permits have been approved by council. The property is set on 54 perches (1,365 Sqm) of land with beautiful river views.
This is a fantastic location for someone looking to build a hotel hostel project in a rapidly developing tourism area.
Use our property search to find your dream property in Sri Lanka.
Property Management
It’s time for easier and more profitable hosting
Our property management service takes care of everything, so you can host hassle-free. We keep occupancy levels high, guests happy and earn you extra income – all without you lifting a finger.
Getting onto the property ladder can be a big step
We understand how important a decision getting a mortgage is. It’s not just about taking out a mortgage, it’s about getting the keys to your new home, improving the one you’ve got or arranging your finances for the future.