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Lake front luxury villa

Koggala, Galle
4
4
Rs. 475,000,000 ($ 1,350,000)

Overview

Property Type
Villa
Bedrooms
4
Bathrooms/WCs
4
No. of floors
2
Area of land
242 perches
Agent Ref
SSP458
Availability
Available now
Car parking spaces
4

Property Details

General Description: Large fully furnished 4 bed aircon villa with 15m infinity pool set in a 232 perch garden, with spectacular views across Koggala Lake. A potential 5th bedroom/TV room/Gym is currently used as a store room. Plus separate 2 bed staff house, water tower and store rooms.

Location: East end of Koggala Lake.

Facilities: 3 Phase electricity; Well water; & Bottle gas for cooking.

Completed in mid 2012, gaining a National Construction Association award, using antique flooring, doors and windows, the villa is a mix of traditional charm and modern comfort, laid out to maximise the glorious views across the lake.

The villa has 4 aircon bedrooms, all with ensuite shower rooms and is situated on 232 perches (1.5 acres) of elevated land adjoining Koggala Lake in Kathaluwa, Ahangama, Galle. Set in a tropical garden, at the end of a finger of land extending into the lake, it is accessed via a 200m single track through cinnamon plantations which are the only neighbours.

All bedrooms face the lake and have either a balcony or terrace. The large master bedroom (7.5x6m) and bedroom 2 (5x4m) are upstairs, bedroom 3 (5x4m) is located on the ground floor and bedroom 4 (5x4m) is at a lower level, connected by outdoor steps and path. Additional areas comprise large indoor lounge, TV/games room with aircon, study/ library, large kitchen, utility room, 17.5 x 4m balcony, 12.5 x 4m veranda leading to 8 x 5.5m dining area, ground floor guest toilet, dryroom and under stairs storage. The villa’s floor area is approximately 600 sq m.

Additional facilities include:

15 x 7m infinity edge pool with slate tiles

7 x 4m workshop/ garden storage behind bedroom 4. This has all the plumbing and electrical connections required to turn it into a 5th a/c bedroom with ensuite or gym, TV room etc.

2 bedroom staff house

Water tower with two additional storage rooms, shower and toilet used by gardener

Extensive lake facing land with potential for multiple cabanas or mini villas

The villa is currently let until 16 Dec 2022, with a break clause if sold. There are currently 3 staff: A couple who live on site and take care of the villa and cook (Sonali is an exceptional cook) and a gardener. All are registered for EPF and ETF. It is approved by the Sri Lankan Tourist Development Agency as a deluxe bungalow (registration SLTDA/SQA/BUN00410) and is licensed.

Prior to COVID annual occupancy was in the 40% region. Audited accounts and current management accounts may be viewed by arrangement.

The villa is held within a company and it would be the shares of the company that would be sold, with the land, buildings and contents constituting the assets of the company. As the company was incorporated and the land purchased in 2008, we are advised that the company’s shares can be transferred 100% to foreign ownership.

Features
3 Phase electricity
En suite Rooms
Fully Furnished
Swimming Pool

Property Features

AC ROOMS
SWIMMING POOL
FULLY FURNISHED
HOT WATER
WATERFRONT / RIVERSIDE
OUTDOOR GARDEN

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Contact Advertiser

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South Sri Lanka Property Agent
Veronika : 94-772783866

This advisor has been advertising with us for 8 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: 72 days ago REPORT THIS AD

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