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.**
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