Arugambay Beach Villas and Chalets
Along the coastal haven of Arugambay; described by Lonely Planet, as “a moon shaped curl of soft sand, home to a famed point break that many regard as the best surf spot in the country” lies an opportunity to purchase a unique and rare parcel of land along with plans for a proposed hospitality venture incorporating Beach Villas & Chalets.
The opportunity translates into a ridiculous initial investment for the land at a mere approximate cost of USD 65 per Sqm for a beachfront 3.5acre property. The total investment for land of around USD 900,000 avails the astute investor a unique and strategic opportunity to capitalise on and hedge their investment on the looming upside of the Tourism sector that is currently sweeping across the pearl of the Indian Ocean.
The fact that the Government of Sri Lanka has upped its ante and is focussed on attracting high end tourists strengthens the potential of this investment and provides a great back drop to activities and attractions recognised by such international brands as Shangri-La, Hyatt, Hilton, Taj Samudra and ITC etc who are all poised to cash in on this influx of tourist interest which will make investments of this nature attractive.
|SECTOR :||Tourism & Hotels|
|PROJECT VALUE :||USD 900,000|
|OPPORTUNITY CODE :||VBS/OP/24012017/X_1|