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Midigama Beach-view Hospitality Investment Opportunity- Sale

Midigama
12000 sq.ft.
40 perches
Rs. 160,000,000  ($ 483,788)

Overview

Property Type
Hotel
Units/Rooms
22
Bathrooms/WCs
10
Floor area
12000 sq.ft.
No. of floors
3
Area of land
40 perches
Availability
Available Now
Price per sq.ft.
Rs. 13,333
Car parking spaces
5
Age of Building
20+ years

Property Details

🏄‍♂️ **MIDIGAMA BEACH-VIEW HOSPITALITY INVESTMENT OPPORTUNITY**

22-Bedroom Economy Hostel / Tourist Hotel

**Midigama, Southern Sri Lanka**

An opportunity to acquire an operating-scale **22-bedroom economy hospitality property** in one of Sri Lanka’s internationally recognized surfing destinations.

📍 **Property Highlights**
• 40-perch land extent
• 22 bedrooms
• Swimming pool
• Beach-view setting
• Economy hostel / tourist hotel concept
• **Midigama Railway Station – approximately 100 metres**
• Matara–Galle railway line directly in front of the property
• Located within the established Southern Sri Lanka surfing and tourism belt

### 🌊 Why Midigama?

Midigama is internationally known for surfing and forms part of the rapidly connected coastal tourism corridor stretching along Sri Lanka's Southern Coast:

**Unawatuna → Mihiripenna → Talpe → Habaraduwa → Kataluwa → Weligama/Ahangama → Walhengoda → Ahangama → Midigama → Weligama → Mirissa → Talaramba → Kamburugamuwa → Madiha → Polhena → Matara → Dondra → Gandara → Talalla → Dickwella → Hiriketiya → Nilwella → Mawella → Tangalle**

This creates opportunities to position the property not simply as accommodation, but as part of a broader **surf, beach, wellness and experience-driven tourism market**.

### 💼 INVESTMENT ANGLE

The existing 22-bedroom configuration provides an immediate hospitality platform, while the **40-perch land extent** creates potential for future repositioning, subject to planning and regulatory approvals.

Potential strategies could include:

🏄 Surf hostel / surf lodge
🌴 Boutique budget hotel
🧘 Surf + wellness retreat
💻 Digital-nomad accommodation
👥 Group / long-stay accommodation
📈 Repositioning into a higher-yield coastal hospitality concept

💰 ASKING PRICE

**LKR 160 Million**

An investor should evaluate the opportunity based on the property's current operating performance, room rates, occupancy, expenses, title, approvals, condition of buildings and potential for future repositioning.

📞 **For more information, contact our Strategic Real Estate Advisor.**

Property Features

24 HOUR SECURITY
INTERNET
3 PHASE ELECTRICITY
BACKUP GENERATOR
ON-SITE PARKING

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Contact Advertiser

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

This advertiser has been advertising with us for 9 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.

Posted/Edited: Today REPORT THIS AD

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