Boutique Hotel Development Project with a Historic Significance
Here is an exclusive opportunity to invest in a boutique hotel located in the heart of the city of Colombo. This is a Heritage property and was constructed in 1935. The Urban Development Authority (UDA) of Sri Lanka is proposing the development of a high-end boutique hotel in this historic property, formerly known as “Visumpaya,” served as an official residence of the Government of Sri Lanka and was constructed in 1935 by His Majesty King William. In the late 1980s, refurbishments were undertaken, and the property’s expansive gardens were utilized as the State Guest House, hosting official functions and visits of state and government heads. The primary focus of the project will be on creating an exceptional boutique hotel experience, offering luxurious amenities and services to the highest standards. The development will encompass impeccable interior design to create a unique and inviting ambiance that reflects the historical significance of the property while providing modern comfort and luxury, expert construction to ensure the structural integrity and aesthetic appeal of the property, incorporating state-of-the-art facilities and infrastructure. All necessary commodities, including accommodation, dining facilities, recreational areas, and amenities, will be provided to meet the expectations of discerning guests. This is a unique Investment Opportunity to contribute to the revitalization of a historic property in Colombo’s city center. With its rich heritage and prime location, the boutique hotel is poised to attract high-end travelers seeking an exclusive and memorable stay experience. The reason to consider investments in this property is due to its Historic Significance with a rich heritage, offering a unique setting for a boutique hotel. It’s location in the heart of the city will attract tourists and visitors with its proximity to various attractions and amenities. Designed to offer a luxurious and memorable experience to guests, providing top-notch amenities and services. This is a business opportunity for high returns due to its location, historic nature and the growing demand for upscale accommodations in Colombo’s tourism sector. This is an opportunity to create a prestigious hospitality establishment but also to preserve and showcase the historical significance of this iconic property. Contact Opportunity Sri Lanka (OSL) to explore this investment opportunity and be part of Colombo’s luxury hospitality landscape. The UDA has recognized the dire need for the development of a high-end boutique hotels in the country due to cater to the high-end visitors. Opportunity Sri Lanka offers investors a chance to capitalize on the best investment opportunities with low investment risks. Contact us for further information.
LOCATION : | Colombo, Sri Lanka |
SECTOR : | Hotels and Leisure sector |
PROJECT VALUE : | Contact OSL |
EXPECTED INVESTMENT : | Contact OSL |
INVESTMENT TYPE : | Contact OSL |
RETURN ON INVESTMENT : | Contact OSL |
INTERNAL RATE OF RETURN : | Contact OSL |
ACCOUNTING RATE OF RETURN : | Contact OSL |
OPPORTUNITY CODE : | VBS/OP/15052024/X-2 |