16-key very well established boutique hotel on prime Sri Lankan beach

Southern Province

Price – Upon request – recently reduced

Internal square feet -24,200

Bedrooms – 16

Extent – 5 acres

A rare opportunity to acquire a very well-performing hotel on prime beach-land that will most likely appreciate significantly in value in the short-medium term.

The property sits on an elevated 5 acres at the southern tip of Sri Lanka running directly to the ocean. Views north overlook the Rekawa Lagoon.

Strong revenues, scope to expand further, and a well-established operating team make this a uniquely attractive investment opportunity.

Buildings and facilities include:

• 16 large, stand-alone mid-luxury bedrooms (average floor area 76 sq. metres).

• Ocean-facing poolside restaurant and fully licensed bar

• 33-metre infinity swimming pool and separate 12 metre pool

• Amphitheatre, snooker room, sittings rooms, library

• Spa with two treatment rooms and bathroom

Rekawa sits in the centre of the island’s south coast, some 90km beyond the tourist hub of Galle.

Development has stretched along that coastline with hotels and rental villas now plentiful up to and even beyond Matara, to which point the Southern Highway now reaches.

Ongoing extension of that highway (planned to reach Hambantota in mid-2020) will improve access significantly – markedly cutting journey times from Colombo and Galle. Land values will likely increase sharply as a consequence.

This beach site – quieter than those further west and within easy reach of inland National Parks – offers an ever-more compelling tourist location.