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Hapugala–Watareka | Investment Opportunity – Nearly Completed 7-Bedroom Property-SALE

watareka, Hapugala road, Galle
7
6
4000 sq.ft.
18.6 perches
Rs. 30,000,000  ($ 91,151)

Overview

Property Type
House
Bedrooms
7
Bathrooms/WCs
6
Floor area
4000 sq.ft.
No. of floors
2
Area of land
18.6 perches
Availability
Available Now
Car parking spaces
2
Furnishing Status
Unfurnished
Age of Building
3 years
Approach road width
20 ft.

Property Details

# Hapugala–Watareka | Investment Opportunity – Nearly Completed 7-Bedroom Property

**Asking Price: Rs. 30 Million**

### A Ready-to-Complete Property with Multiple Income Opportunities

An attractive investment opportunity in **Hapugala, Watareka**, offering a substantial **18.6-perch property** with a spacious **two-storey house** that is approximately **90% complete**.

### Property Highlights

* **Land:** 18.6 perches
* **Building:** Two-storey house
* **Bedrooms:** 7
* **Bathrooms:** 6
* **Kitchens:** 2
* **Construction:** Approximately 90% completed
* **Asking Price:** **Rs. 30 Million**

### Why This Could Be an Investment Opportunity

The property is already substantially constructed, allowing an investor to potentially **complete and convert the property into an income-generating asset** rather than starting a new construction project from the beginning.

Potential uses include:

* 🏡 **Large family residence**
* 🏨 **Guesthouse / boutique accommodation**
* 🛏️ **Serviced accommodation**
* 👨‍👩‍👧‍👦 **Long-term rental property**
* 🏢 **Two-unit residential rental concept**, subject to the property's layout and approvals

With **7 bedrooms, 6 bathrooms and 2 kitchens**, the property provides flexibility to create multiple accommodation or rental configurations.

### Investment Strategy

**Buy → Complete → Improve → Generate Rental Income → Hold for Capital Appreciation**

For an investor seeking a property with substantial construction already completed, this opportunity may offer the advantage of **saving construction time and potentially reducing development risk**, subject to an independent inspection of the remaining work, title, approvals and construction quality.

**Asking Price: Rs. 30,000,000**

📞 **For further information, site inspection and investment analysis, please contact Noble Homes Galle – Strategic Real Estate Advisor.**

Property Features

BRAND NEW
LUXURY SPECS
MAINLINE WATER
GARAGE
LAWN GARDEN
ATTACHED TOILETS
MAID'S ROOM
MAID'S TOILET

Property Video

Explore Neighbourhood - Map View

watareka, Hapugala road, Galle    [View on large map]

Find out how much you can save with our Home Loan Calculator

Buy this property for only
Rs. 231,228 /month

By obtaining a Home Loan through our banking partners

*For a 20-year term with a 12% fixed interest rate, using the equated balance payment method.

By obtaining a Home Loan through our banking partners

*For a 20-year term with a 12% fixed interest rate, using the equated balance payment method.

Property prices in Galle

Average Sale Price is Rs. 17,246 Per SQ.FT.
3.1% Price decreased compared to last year

Try our new price meter tool to find out the average price of a property in Galle

Try our new price meter tool to find out the average price of a property in Galle

Contact Advertiser

Noble Homes Galle Agent
Tilak Gallage : 94-778354380
Tilak Gallage : 94-776054380

This advertiser has been advertising with us for 9 years

Request a call back

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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: Today REPORT THIS AD

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