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Exceptional Beachfront Hotel Investment – Hikkaduwa, Sri Lanka

Galle Road dodanduwa, Hikkaduwa
40000 sq.ft.
181.5 perches
Rs. 700,000,000

Overview

Property Type
Hotel
Units/Rooms
22
Bathrooms/WCs
10
Floor area
40000 sq.ft.
No. of floors
2
Area of land
181.5 perches
Agent Ref
HK003
Availability
Available Now
Price per sq.ft.
Rs. 17,500
Car parking spaces
10
Age of Building
15+ years

Property Details

Exceptional Beachfront Hotel Investment – Hikkaduwa, Sri Lanka

A Rare Opportunity to Acquire One of Southern Sri Lanka's Finest Beachfront Hospitality Assets

Positioned in the thriving tourism corridor of Dodanduwa–Hikkaduwa, this exceptional beachfront hotel presents an outstanding investment opportunity with significant capital appreciation and revenue growth potential.

Situated on an impressive 181.5 perches of prime beachfront land, the property enjoys spectacular 360-degree ocean views, direct access from the Colombo–Galle Main Road, and is only 4 minutes from Hikkaduwa town centre, one of Sri Lanka's most sought-after international tourist destinations.

Property Highlights

- Prime beachfront location with stunning golden sandy beach
- 181.5 perches of valuable freehold land
- More than 20 spacious guest rooms, all with attached bathrooms
- Two large swimming pools
- Restaurant and dining facilities
- Expansive parking area accommodating over 20 vehicles
- Fully enclosed with boundary walls, ensuring privacy and security
- Easy access from the Colombo–Galle Main Road
- Just minutes from Hikkaduwa's vibrant tourist attractions, restaurants, diving centres, and nightlife

Outstanding Value-Add Potential

The hotel is approximately 80% renovated, with only around 20% of the engineering renovation work remaining. This allows the new owner to complete the project according to their own brand standards while creating substantial additional value.

The generous land extent also provides excellent scope for:

- Luxury beachfront villa expansion
- Boutique resort development
- Beachfront apartment or condominium project (subject to approvals)
- Mixed-use hospitality development through a joint venture

Investment Opportunity

The property is offered for sale due to an urgent personal matter, creating an exceptional opportunity to acquire a premium tourism asset at an attractive price.

Asking Price: LKR 700 Million

Reasonable offers will be considered.

We warmly welcome local and international investors, as well as developers seeking a joint venture to transform this unique beachfront property into a landmark hospitality destination on Sri Lanka's Southern Coast.

Genuine inquiries only.

Property Features

3 PHASE ELECTRICITY
ON-SITE PARKING

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Contact Advertiser

Sagara Siriwardana Agent
Sagara Siriwardana : 94-762768300

This advertiser has been advertising with us for 7 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.

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