Lake Facing Property Ideal for Hotel Development
- LKR 75,000,000
Overview
- Hotel
- 5
- 5
- 45 Perches
Description
This prime 45-perch lake-facing property in Kataragama presents an exceptional opportunity for hotel development or a luxury residential project in one of Sri Lanka’s most sought-after pilgrimage destinations. The property includes an approved architectural design for a two-storey building, with the ground floor already completed, significantly reducing construction time and investment risk.
All legal and regulatory approvals are in place, including a survey plan approval and a building plan approved by the Urban Development Authority (UDA). The approved layout offers five spacious bedrooms with five attached bathrooms, along with separate driver’s and staff accommodation, each with dedicated bathrooms. The design also features a well-planned kitchen, an elegant lobby area, and a generously sized dining area capable of accommodating up to 25 guests at once, making it ideal for hospitality use.
The property enjoys a highly desirable Detagamuwa Lake frontage, with the lake spill directly bordering the land, creating a serene natural setting and excellent views—perfect for a boutique hotel, guesthouse, or wellness retreat. Its strategic location adds further value, being within walking distance to the Dewalaya and the sacred Kiriwehera, and only 800 meters from the Kataragama Bus Stand, ensuring easy access for pilgrims and tourists.
Situated in a prime hotel development zone in Kataragama, this property offers strong potential for high occupancy and long-term returns, making it an outstanding investment opportunity in the Southern cultural and religious tourism market of Sri Lanka.
Details
Updated on February 6, 2026 at 1:39 pm-
Property ID 22545
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Price LKR 75,000,000
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Land Area 45 Perches
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Bedrooms 5
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Room 1
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Bathrooms 5
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Property Type Hotel
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Property Status For Sale
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Tenure Freehold
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Contact Information
View Listings- Ceylon Estate Agents
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