Welligama, South, Sri Lanka
- PROPERTY TYPE
Apartment
- BEDROOMS
1
- BATHROOMS
1
- SIZE
627 sq ft
58 sq m
Key features
- Right on the beach - great surfing
- Exclusive roof top pool and bar area
- 75-metre beach front
- At the quieter end of Weligama bay
- Excellent restaurants & bars nearby
- Contact our Sri Lanka or London office today
Description
Investor highlights:
Completion December 2024
98 freehold apartments over 8 floors consisting of 3 Penthouses with four double bedrooms, 39 2-bed apartments and 57 1-bed apartments
75-metre wide beachfront access; 35-metre pool, gym, recording studio, art gallery, rooftop infinity pool with bar and BBQ terrace
2-hours by car from the airport
Uniquely situated between the ocean shoreline and lush jungle foliage, construction of the building is underway and expected to finish by the fourth quarter of 2024
Apartments can be rented when you are not staying there with an expected annual occupancy of 65% providing a minimum expected return of 7% climbing to over 10% in 3 years
Annual capital growth is estimated around 10-15% (these are estimates and not guaranteed by the developer)
Weligama boasts one of Sri Lanka's most pristine sandy bays with shallow turquoise waters which draw visitors from around the world seeking to relax or play in the gentle surf.
Enjoy exploring local restaurants with friends, sail the bay on a catamaran boat or spot blue whales off nearby Mirissa and leopards in Yala National Park.
Weligama's sheltered bay offers ideal conditions for beginner surfers: protected from heavy swells, the waves here are often soft and clean and attract hundreds of surfers at sunset.
Southbeach Weligama also celebrates creative arts with handcrafted furniture by local artisans, a lobby gallery showcasing contemporary Sri Lankan artists and even an in-house recording studio.
Meanwhile, the restaurant supports the local fishing community while serving a modern blend of traditional and contemporary cuisine in a stylish, all-day setting.
Conceptualised by Balmond Studio, Southbeach Weligama embodies modern beachfront living with a colour palette mirroring the sands, sea and coconut groves.
Welligama, South, Sri Lanka
NEAREST AIRPORTS
Distances are straight line measurements- Mattala Rajapaksa(International)51.3 miles
- Colombo(International)70.2 miles
About the agent
Kristall Spaces, Vaduz
Kristall Spaces has diversified into Sri Lankan real estate and opened an office in Colombo to offer carefully selected Sri Lankan property investments.
The Kristall Spaces / AlpenReal team continues to specialise in the sale of Austrian ski property where it has successfully operated for over 15 years.
Kristall Spaces Lanka Pvt. Ltd supports investors with a turnkey service through the buying and ownership phases and helps owners achieve their ideal lifestyle investment: low risk
Notes
This is a property advertisement provided and maintained by Kristall Spaces, Vaduz (reference 207Wel) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.