An exciting development project on gorgeous beachfront
Opportunity to develop an existing well-rented villa on a beautiful strip of quiet beachfront land East of Tangalle
For sale - Guide price USD 625,000
Land extent - 0.7 acres (112 perches)
Built up square feet - 5,400 square feet (approx.)
2 self-contained 2-bedroom apartments on the beachfront
2 further self-contained guest apartments, with ensuite bathroom, kitchen and sitting room
Swimming pool
Reference - 110
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Ranna sits in the deepest of Sri Lanka's "Deep South" and until recently was little known by tourists other than those flanking that Southern tip on return journeys from Yala.
The extension of the Southern Expressway has brought it within more manageable reach, however, and it is being recognised as a prime beach location, albeit still quite undeveloped.
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The property lies in the heart of Kahhandamodara Beach, around 20 minutes drive East from Tangalle.
The nearest access to the highway is via Ranna with Colombo and the International Airport approximately 3 hours drive. -
The property has rented well with a well-established and varied set of booking channels.
Units rent for around USD 150 per night throughout the year with the beachfront location attracting a good occupancy.
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Arrange a viewing or call?
+94 76 640 4373 / hello@thenewsrilankanhouse.com
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