Sri Lanka’s status as an iconic destination was cemented by its unveiling as Lonely Planet’s No.1 Country To Visit 2019 – and its growth is supported by a strong pipeline of foreign international investment.
With the security of allowing foreign investors to purchase the freehold, this is a small window of opportunity to enjoy maximum returns on your investment, as Sri Lanka quickly becomes the must-visit destination on the world stage.
The Oxford Business Group predicted in 2017 that beach front properties would increase in value by 50%.
Prices start from $150,000 USD.
Southbeach Weligama’s charms stretch beyond the beachside pool and the lovely beach. You can easily enjoy the style and culture of nearby Galle and its World Heritage-listed Fort – or the laid-back vibe at Mirissa.
There are also some of the world’s best surf breaks and blue whale watching off the coast. Alternatively, with a short drive inland you can enjoy unique safaris featuring leopards and elephants.
In terms of market position, the apartments offer an affordable alternative to a 5-star hotel with a complete, distinctive and ethical lifestyle that ensures you receive high year-round yields.
Coupled with the country’s Indian Ocean location and direct links to affluent European markets; Southbeach Weligama provides an owner-experience similar to Thailand before its boom, when it offered better value and more attractive costs.
Weligama beach front land value has increased by 84% since 2016 - JLL report.
With over 50 years experience, Balmond’s London and Colombo design studios are renowned for their innovation, creativity and passion for sustainability. They are led by Sri Lanka born Cecil Balmond, OBE, the world’s leading thinker on form and structure.
With projects spanning the entire design spectrum, the team has distilled their expertise into Southbeach Weligama – apartments that set a new trend for modern Sri Lankan coastal living.
With significant foreign direct investment, including a $15 Billion international commitment, Sri Lanka’s infrastructure is improving at speed. Coupled with a steep rise in tourism (10.3% in 2018) and the freedom for foreign investors to purchase freeholds; it is no surprise the Oxford Business Group predicted in 2017 that beachfront properties would increase in value by 50%.
Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services company. Founded in the United Kingdom with offices in 80 countries, they specialise in commercial property and investment management, providing services for real estate owners.
The highly-trained JLL team at Southbeach Weligama works with a level of detail that ensures your investment is in safe hands.
Bandaranaike International Airport is just a scenic drive from Weligama.
With direct flights to key locations in India, China, Russia, Singapore, Qatar and the Emirates, Netherlands and UK; its proximity makes Southbeach Weligama an attractive destination for Europeans as well as the Central and East Asian markets.
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