Investment Opportunity in Hikkaduwa – Thiranagama (Pinkanda Road)

Prime Land with Character Home – Rs. 90,000,000

Located in the highly sought-after Thiranagama tourism zone, this exceptional 76-perch property offers a rare blend of land value, location strength, and redevelopment potential.

📍 Location: Pinkanda Road, Thiranagama
🏖 Distance to Thiranagama Beach: 1 km
🏡 Existing Structure: Nearly 100-year-old single-storey house
🛏 5 Bedrooms
🛁 3 Bathrooms
🔒 Boundary wall & secure gate
🌿 Calm, quiet, and highly residential tourism neighborhood

Why This is a Smart Investment

✔ Strong Tourism Surroundings
The property is surrounded by established luxury villas and boutique hotels, making it ideal for redevelopment into:

Boutique hotel
Private luxury villa compound
Wellness retreat center
Serviced apartment project
High-end holiday rental business

✔ High Land Appreciation Area
Thiranagama is one of the fastest-growing tourism corridors near Hikkaduwa, with consistent demand from foreign investors and local developers.

✔ Generous Land Extent (76 Perches)
Large blocks close to the beach are becoming increasingly rare. This size allows:

Pool development
Multiple villa units
Landscaping and garden concepts
Parking and expansion flexibility

✔ Redevelopment or Renovation Option
The existing colonial-style home offers character and heritage value, which can be:

Restored into a boutique heritage villa
Integrated into a modern villa concept
Cleared for a full redevelopment project
Ideal For:
Foreign investors seeking tourism assets
Boutique hotel developers
Colombo-based investors expanding to the Southern market
Strategic land banking buyers

💰 Asking Price: Rs. 90,000,000 (Negotiable)

This is a rare opportunity to secure a large land parcel in a premium tourism belt just 1 km from the beach.

For full investment analysis, ROI projections, zoning guidance, and private viewing:

Contact our Strategic Real Estate Advisor today.