Rare opportunity in the core area of Hiriketiya.
Elevated 65 perch (approx. 1,625 m²) property located just 40–50 meters from the beach, offering sea view potential from upper levels.

The property is home to the well-established Blue Bay Chillout Lounge, a top-rated hospitality venue with over 300 positive TripAdvisor reviews.
Ideal for boutique resort development (4–6 units) or continued operation as a lifestyle hospitality business with expansion potential.

Located in the heart of Hiriketiya Bay, a horseshoe-shaped bay on the southern coast near Dikwella.
Hiriketiya is one of Sri Lanka’s fastest-growing boutique tourism destinations, attracting international visitors from Europe, Australia, and the UK.

• Walking distance (40–50 m) to the beach
• Excellent surf conditions for beginners and advanced surfers
• Safe swimming areas within the bay
• Close proximity to Dickwella Beach (west)
• Snorkeling and diving opportunities at Nilwella Beach (east)

The core area offers very limited remaining freehold land, making this a rare acquisition opportunity.

The Property

• 65 Perch (approx. 1,625 m²)
• Elevated position above beach level
• Potential sea views from upper floors
• Stable, fertile soil (not sandy beachfront ground)
• Ideal for tropical landscaping and structurally sound construction

The property was not affected due to its elevated position during the
2004 Indian Ocean tsunami.

Existing Hospitality Asset

Currently operating as Blue Bay Chillout Lounge, a natural-stone restaurant compound surrounded by mature trees providing shade and atmosphere.
Key Highlights:
• 300+ positive TripAdvisor reviews
• Consistent Top 5 ranking in Hiriketiya
• Strong international guest base
• Established brand and digital presence
• All brand assets and digital accounts transferable

Capacity:
• Seating for 100+ guests
• Solid wood furniture
• Open kitchen with traditional stone pizza oven
• Separate Sri Lankan curry kitchen (currently used for cooking classes)

This provides immediate operational continuity or a strong hospitality anchor for further boutique development.

Development Potential

• Suitable for 4–6 boutique accommodation units
• Rooftop / upper-floor sea view potential
• Pool and landscaped garden concept feasible
• Combination of restaurant + boutique resort possible

Ideal for a developer seeking a mid-scale boutique hospitality project in a tightly held micro-market.


Legal & Structure

• Ownership via Private Limited Company (share sale possible)
• Located within official tourism zone
• Full documentation available for due diligence