Midigama Beach View Villa- For Direct Sale Or 50:50 Joint Venture Development
Galle road, Midigama
10
10
10000 sq.ft.
60 perches
Rs. 150,000,000 ($ 446,098)
Negotiable
Overview
Property Type
Villa
Bedrooms
10
Bathrooms/WCs
10
Floor area
10000 sq.ft.
No. of floors
1
Area of land
60 perches
Availability
Available Now
Car parking spaces
5
Age of Building
15+ years
Property Details
# MIDIGAMA BEACH VIEW VILLA
## FOR DIRECT SALE OR 50:50 JOINT VENTURE DEVELOPMENT
### Prime Hospitality Investment Opportunity – Sri Lanka's Fastest Growing Surf Destination
An exceptional opportunity to acquire or jointly develop a **10-bedroom beach-view villa** in the internationally renowned **Midigama Surf Coast**, one of Sri Lanka's most desirable tourism destinations.
The property enjoys beautiful beach views and is ideally positioned to capitalize on the rapidly growing luxury villa and boutique hospitality market. Midigama continues to attract international surfers, digital nomads, wellness travelers, and boutique hotel investors, driving strong long-term tourism demand.
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## Property Highlights
* 10 Spacious Guest Bedrooms
* Beautiful Beach Views
* Peaceful Tropical Environment
* Ideal Boutique Hotel or Luxury Villa
* Excellent Access to Surf Beaches, Restaurants and Cafés
* Suitable for Luxury Tourism, Wellness Retreats, Yoga Retreats or Private Villa Rentals
---
## Current Status
The property has remained **non-operational since 2019** as the owner has been residing overseas.
While the villa has not generated income during this period, it presents a rare value-add opportunity for investors to renovate, reposition and relaunch the property into today's significantly stronger tourism market.
This creates an excellent opportunity to acquire an established hospitality asset below replacement cost and unlock its commercial potential.
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# OPTION 1 – DIRECT SALE
This property is ideal for investors seeking:
* Boutique Hotel Development
* Luxury Holiday Villa
* Surf Camp
* Wellness & Yoga Retreat
* Co-living or Digital Nomad Accommodation
* High-end Airbnb Operation
Following renovation and professional management, the property has the potential to generate strong seasonal cash flow while benefiting from future capital appreciation in Midigama's expanding tourism market.
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# OPTION 2 – 50:50 JOINT VENTURE
The owner is open to partnering with a strategic investor under a **50:50 Joint Venture** structure.
### Property Owner Contributes
* The land
* Existing 10-bedroom villa
* Development rights
* Local ownership support
### Investor Contributes
* Capital investment
* Renovation and upgrading
* Interior design and furnishing
* Hotel branding
* Marketing
* Reservation systems
* Professional management
* Operational expertise
### Profit Sharing
* Net profits shared equally (50% : 50%)
* Asset appreciation shared equally according to the Joint Venture Agreement
* Exit strategy and buy-out provisions to be mutually agreed
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## Potential Development Concept
The property can be transformed into:
* Luxury Boutique Hotel
* Premium Surf Lodge
* Wellness & Yoga Retreat
* Luxury Co-working Retreat
* Destination Wedding Villa
* Long-stay Digital Nomad Residence
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## Why Midigama?
Midigama has become one of Sri Lanka's premier surf and lifestyle destinations, benefiting from increasing international visitor demand, boutique hospitality growth, and proximity to Ahangama, Weligama, and Galle. The area continues to attract investment due to its world-class surf breaks, vibrant café culture, and strong appeal to luxury and wellness travelers.
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# Investment Advantages
✓ Existing hospitality asset with redevelopment potential
✓ Immediate renovation opportunity
✓ No lengthy approval process for a new build
✓ Strong tourism growth corridor
✓ Multiple exit strategies
✓ Suitable for owner-operator or hospitality investment fund
✓ Opportunity to create a premium lifestyle destination with significant upside
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## Enquiries Invited
Expressions of Interest are welcomed from:
* Private Investors
* Boutique Hotel Operators
* Hospitality Investment Funds
* International Joint Venture Partners
* Family Offices
* Tourism Developers
Confidential discussions, property inspections, and detailed investment information are available for qualified purchasers and strategic partners.
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