# INVESTMENT OPPORTUNITY – GONAPINUWALA, NEAR HIKKADUWA

### 20 Perches | 4-Bedroom House | LKR 24 Million

An affordable property investment opportunity in **Gonapinuwala**, strategically located within the wider Hikkaduwa tourism catchment.

The property comprises a **20-perch land extent with a 4-bedroom house approximately 12 years old**, offering an attractive combination of existing accommodation, land value and future development potential.

### WHY THIS PROPERTY?

**• Competitive Entry Price**
Offered at **LKR 24 million**, providing an accessible entry point for an investor seeking property exposure in the Southern Province.

**• Close to Hikkaduwa Tourism**
Gonapinuwala is located near Hikkaduwa, a well-established coastal tourism destination known for surfing, diving, snorkelling, coral reefs and beach tourism.

**• Multiple Investment Strategies**
The property could potentially be repositioned as:

* 🏡 Boutique holiday home
* 🛏️ Guesthouse / homestay
* 🌴 Villa accommodation
* 🧘 Wellness or long-stay retreat
* 🏠 Long-term rental property
* 📈 Future redevelopment project

**• Land + Existing Building Value**
The investor is acquiring both the **20-perch land component and an existing 4-bedroom residence**, creating flexibility for either immediate use or future repositioning.

### INVESTMENT CONCEPT

Rather than simply purchasing a residential property, an investor could consider transforming the existing house into a **small-scale tourism accommodation product serving visitors seeking a quieter location outside the busy Hikkaduwa beachfront area**.

Gonapinuwala is inland from the main Hikkaduwa coastal tourism zone, while Hikkaduwa itself has an established tourism ecosystem of accommodation, restaurants and visitor activities.

### OFFERING

**Land:** 20 Perches
**Property:** 4-Bedroom House
**Age:** Approximately 12 Years
**Location:** Gonapinuwala, near Hikkaduwa
**Asking Price:** **LKR 24 Million**

**Suitable for:** Owner-occupiers, rental investors, boutique accommodation operators and investors looking for a lower-entry property opportunity within the Hikkaduwa tourism region.

*Investment returns, rental income and development feasibility should be assessed after verifying the property's exact location, access, title, condition, permitted use and renovation/development costs.*