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Prime Cinnamon & Coconut Estate with Art Deco Residence – Palatuwa, Matara- SALE

Galpamuna, Palatuwa, Matara
299 perches
Rs. 35,000,000  ($ 106,621)
(ONO)

Overview

Property Type
Land with house
Area of land
299 perches
Availability
Available Now
Offered for
Sale
Approach road width
12 ft.
Shape of land
Irregular

Property Details


# Prime Cinnamon & Coconut Estate with Art Deco Residence – Palatuwa, Matara

### A Rare Investment Opportunity in the Matara–Weligama Growth Corridor

Located in **Galpamuna, Palatuwa**, this attractive property offers an exceptional combination of **agricultural income potential, residential charm and future tourism development possibilities**.

The property is conveniently situated approximately **1.8 km from the Southern Expressway Godagama/Palatuwa exit**, providing excellent connectivity to Matara, Weligama and the Southern coastal tourism belt.

Set on elevated highland, the property is beautifully positioned with a **direct outlook over an evergreen paddy field**, creating a peaceful and highly scenic environment while remaining within easy reach of major transport routes and the coast.

### Key Investment Features

* 📍 **Location:** Galpamuna, Palatuwa, Matara
* 🚗 Approximately **1.8 km from the Southern Expressway exit at Godagama/Palatuwa**
* 🌴 Well-established **cinnamon and coconut cultivation**
* 🏡 Existing **Art Deco-style house**
* 🌾 Elevated highland with **uninterrupted views towards a beautiful evergreen paddy field**
* 🌊 Approximately **10 minutes' drive to Weligama Bay and the beach**
* 🚙 Convenient access to **Matara, Weligama and the Southern coastal tourism corridor**
* 🌿 Peaceful rural setting combined with excellent accessibility

### Investment Potential

This property presents several potential investment strategies.

**1. Agricultural Investment**
The established cinnamon and coconut cultivation provides an opportunity to retain the land as an income-generating agricultural asset while benefiting from long-term land appreciation.

**2. Boutique Villa / Holiday Home**
The combination of an existing character house, elevated land, greenery and paddy-field views could provide an excellent foundation for a **boutique villa, holiday residence or wellness retreat**, subject to planning and applicable approvals.

**3. Private Residence with Income Potential**
The property could also be developed as a private country residence close to the coast, while maintaining the existing agricultural character of the land.

**4. Long-Term Land Appreciation**
Its proximity to the Southern Expressway and the rapidly developing **Matara–Weligama tourism and residential corridor** makes this an interesting proposition for investors seeking a strategically located land asset.

### Why This Property?

It is increasingly difficult to find properties that combine **established agricultural value, an existing character residence, scenic surroundings and convenient highway access**.

This property offers precisely that combination—**a peaceful countryside setting without sacrificing connectivity to the Southern Coast.**

### Ideal For

**Property Investors | Boutique Villa Developers | Eco-Tourism Projects | Wellness Retreats | Private Holiday Homes | Agricultural Investors**

**For price, land extent, full property details, documentation and a private inspection, please contact our Strategic Real Estate Advisor.**

Property Features

IDEAL FOR COMMERCIAL USE
APPROVED SURVEY PLAN
PIPE BORNE WATER
BUNGALOW / COTTAGE INSIDE
HILLY LANDSCAPE

Property Video

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Galpamuna, Palatuwa, Matara    [View on large map]

Find out how much you can save with our Home Loan Calculator

Buy this property for only
Rs. 269,766 /month

By obtaining a Home Loan through our banking partners

*For a 20-year term with a 12% fixed interest rate, using the equated balance payment method.

By obtaining a Home Loan through our banking partners

*For a 20-year term with a 12% fixed interest rate, using the equated balance payment method.

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Contact Advertiser

Noble Homes Galle Agent
Tilak Gallage : 94-778354380
Tilak Gallage : 94-776054380

This advertiser has been advertising with us for 9 years

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Important information : This ad has been posted on LankaPropertyWeb.com by the above mentioned advertiser. LankaPropertyWeb.com does not have any connection with this advertiser, nor do we vet the advertisers, guarantee their services, responsible for the accuracy of the ad's content or are responsible for services provided by the advertisers. LankaPropertyWeb.com does not provide any service other than list the advertisements posted by advertisers. You will be contacting the advertiser (owner/agent) of this property directly. We advise you to take precaution when making any payments or signing any agreements and be alert of any possible scams. If making any payments we recommend that you have two permanent & verified methods of contact of the payment receiver such as their landline number and home/business address.

Posted/Edited: 3 days ago REPORT THIS AD

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