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Fully Approved Commercial Land for Sale

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Fully Approved Commercial Land for Sale

Matara, Weligama

For Sale

LKR 45,000,000

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For Sale

Fully Approved Commercial Land for Sale

Matara, Weligama

LKR 45,000,000

Overview

Land
Property Type

23.55 Perches
Land Area

Description

Seize this rare chance to invest in fully approved commercial land located minutes from the Indian Ocean and popular surf spots in Weligama – one of Sri Lanka’s fastest-growing coastal destinations. This prime property is perfectly suited for hotels, resorts, restaurants, luxury apartments, or any commercial venture, offering exceptional returns in a thriving tourist hub.

Property Highlights

Prime Location: Situated in the heart of Weligama, a bustling tourism and commercial center.
Close to the Beach: Less than 200 meters from Weligama Beach, a renowned hotspot for surfers and tourists.
Excellent Connectivity: Just 7.4 km from the main highway, with easy access to key transport routes.
Convenient Access: 21 ft (6.1 m) wide road, suitable for any type of construction.
Infrastructure Ready: 3-phase electricity (150 kW power allocated), urban storm sewer, and water supply already in place.

Official Approvals & Clearances

The property is fully approved for the construction of a 4-storey condominium project (15 apartments + commercial premises), with all major regulatory approvals obtained, including:

UDA & CMA Approval – Fully compliant with urban and condominium regulations.
Coastal & Environmental Clearance – Approved for sustainable beachfront development.
Fire & Electricity Board Clearance – Meeting all safety and infrastructure requirements.
NBRO Approval – Certified for structural stability and reliability.

Project Concept & Features

This approved apartment project is designed with a focus on:

High profitability and strong ROI potential.
Affordable pricing for buyers and investors.
Modern, unique architecture with high comfort standards.

Key project details include:

G+3 Building (1,680 m²) – Featuring 15 business-class apartments, sea-view penthouses, and 2 commercial units.
Luxury Amenities – Swimming pool, fitness center, co-working spaces, rooftop areas, parking, 24/7 security, and high-end interiors.
Ideal Location – Quiet, prestigious street away from railway lines and busy highways, yet close to all essential amenities (shops, restaurants, markets, bus stops, gyms).
Tourism Potential – Perfect for holiday rentals on platforms such as Airbnb, Booking.com, Expedia, and TripAdvisor.

Investment Benefits

High Return on Investment (up to 60%) – Driven by growing tourism and commercial expansion in Weligama.
Secure & Transparent Transaction – Property held under a company structure; the seller offers company shares along with land, approvals, and the project.
Strategic Location – In a rapidly developing coastal area with increasing demand for luxury accommodation and commercial spaces.

If you are looking for more space, an extra 11 perches of land is available for sale next door.

Don’t miss this exceptional investment opportunity!

Secure this premium commercial property today and bring your vision to life in one of Sri Lanka’s most sought-after coastal destinations.