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Tangalla, South, Sri Lanka

£306,376
Kristall Spaces, Vaduz
PROPERTY TYPE

Serviced Apartments

BEDROOMS

2

BATHROOMS

2

SIZE

1,370 sq ft

127 sq m

Key features

  • Right on the beach - South facing
  • Sunset Infinity pool overlooking the Indian Ocean
  • Games Gallery and Lounge
  • Fitness Centre overlooking the evergreen lagoon
  • Capital growth of 10 to 15% is also predicted in this location
  • Option to have apartment fully or partially rented out and earn up to a 10% ROI by year 3
  • Dedicated concierge and butler service
  • Select residences with private plunge pool
  • 10-foot ceiling heights

Description

Kristall Spaces is delighted to introduce a brand new condominium project in a paradise setting on the pristine Madilla beach in Tangalle. Construction starts Q4 2024.

We are selling 36 apartments over 9 floors with 2 and 3 bedrooms and 180-degree views to the South over the Indian Ocean and to the North over the Rekhawa lagoon.

These wonderful 2-bedroom apartments start at 118 million Sri Lankan Rupees or 396,558.23 USD for 1,370 square feet or 127.28 square metres. Prices include 1 parking space and exclude moveable furniture.

For a 3-bedroom apartment, the price starts at 187 million Sri Lankan Rupees or 628,443.98 USD for 2,210 square feet or 205.32 square metres. Prices include 1 parking space and exclude moveable furniture.

Highlights:

Crafted for those with discerning tastes
Graciously spaced three bedroom residences
High standards of quality and design
24-hour security
Boasting 2,000 + Sq. Ft.
Floor-to-ceiling glass windows throughout
10-foot ceiling heights
All residences feature both lagoon and sea views
Impeccably finished open kitchens with centre islands and high-end appliances
Wooden flooring and double-glazed windows throughout
Select residences with private plunge pools

Ground Level:

Lobby & Lounge
Entrance reception
Dedicated concierge and butler service
Round-the-clock security
Outdoor BBQ area

Rooftop Infinity:

Sunset Infinity pool overlooking the Indian Ocean
Cigar Lounge and Bar
Games Gallery and Lounge
Fitness Centre overlooking the evergreen lagoon

There is an option to have your apartment fully or partially rented out and earn up to a 10% ROI by the third year of operation, starting at around 7% in year 1. These are estimates provided by the operator and not guarantees.

Capital growth of 10 to 15% is also predicted in this location.

Purchase process: buyers pay a deposit of 30% in the first 2 months and 10% at handover with 70% spread across stage payments in between.

Tangalla, South, Sri Lanka

NEAREST AIRPORTS

Distances are straight line measurements
  • Mattala Rajapaksa(International)
    27.2 miles
  • Colombo(International)
    83.3 miles

About the agent

Kristall Spaces, Vaduz

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

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Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Kristall Spaces, Vaduz (reference Tang3bed) 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.

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