Long-Term Tourism Investment Opportunity – Richmond Hill, Galle

An exceptional long-term lease opportunity (10+ years) in one of Galle’s most strategic and rapidly developing residential–tourism zones – New Road, Richmond Hill (Galle City Boundary).

This fully developed, income-ready property is ideal for:

Serviced apartment concept

Boutique city hotel

Staff accommodation for hospital/university

Long-stay expat or medical tourism rentals

Corporate housing project

🏢 Property Overview
🔹 Main 4-Storey Building

8 Fully Furnished Apartment Units

Total 17 Bedrooms

Each apartment includes:

Private kitchen

Air-conditioning

Hot water system

Modern bathrooms

Titanium finished flooring

CCTV security system

3-phase electricity

7,000-liter overhead water tank

Clean drinking well water

Boundary wall with secure gate

Peaceful, complaint-free neighborhood

Direct access via wide, hassle-free roads

🔹 Additional House

Single-storey house

5 bedrooms (including 2-bedroom independent layout option)

Ideal for:

Owner’s residence [ should pay extra rent, if rent or lease whole property with owner's residence.]

Manager’s quarters

Staff accommodation

Additional rental income

🔹 Land Extent

Approx. 23,800 sq.ft and 60 perches' land

Space available for swimming pool development

Excellent layout for further tourism enhancement

📍 Strategic Location Advantages

Walking distance to Richmond Hill Railway Station

400m to Keells Supermarket & fuel stations

Close to leading English medium & government schools

3 km to Galle City Center

4 km to the world-famous Galle Fort

3.2 km to Karapitiya Teaching Hospital

9 km to Pinnaduwa Interchange

This location perfectly connects city convenience + tourism potential + hospital/educational demand.

💼 Investment Potential

This property is highly suitable for:

✔ Long-Term Tourism Lease (10+ Years Preferred)

The owner is seeking a stable, long-term tourism operator or investor.

✔ Serviced Apartment Model

Strong demand from:

Medical visitors (Karapitiya Hospital proximity)

University staff & foreign lecturers

Long-stay European tourists

NGO and corporate tenants

✔ Boutique Hotel Conversion

With 17+ bedrooms and expansion potential (pool space), this can be repositioned as:

Mid-range city hotel

Wellness retreat accommodation

Medical tourism stay facility

📈 Why This Investment is Strategic

Inside Galle city boundary

No legal or neighborhood complications

Ready infrastructure (no heavy CAPEX required)

Expansion possibility (pool & rooftop concept)

Growing tourism & medical accommodation demand in Galle

Excellent connectivity to Southern Highway

🌟 Ideal For

International investors

Local tourism operators

Medical tourism companies

Education-linked accommodation providers

Corporate housing developers

📞 For Full Financial Analysis, Lease Structure Discussion & Site Inspection:

Contact Our Strategic Real Estate Advisor