Galle – Real Estate Development & Heritage

 

A very rare opportunity to acquire this prime beach property located within an increasingly upcoming tourist area!

 

The property is located only about 5 km’s North of Batticaloa town, healing accessed by a good and wide road and has easy access to shopping and other facilities at Batticaloa town.

 

The land has almost 400 meters of direct beach front and would lend itself to any sort of project, website like this be it a resort- or a multiple-villa development.

 

By 2012 there will be various new hotels opening around Passekudah (approx. 15 km’s) which will attract further tourism and investors to this coastal stretch and prices for beach land only a few km’s North of the property have already hit the USD80,000.-/ acre – mark.

 

In general the sea is a lot more suitable and safe for swimming along the East coast than, for example, the Southern- or Western coastal belt apart from many reefs in the area which would offer fantastic diving and snorkeling.

 

The property has clear titles and a loan would be obtainable if required (title accepted by banks).

 

The owners would consider sub-dividing the property into two lots.

 

USD 525,000.-

 

A prime investment!

 

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Galle – Real Estate Development & Heritage

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The southern coastline in Sri Lanka is one of the most beautiful and most popular tourist attractions in the country. Galle is the crown jewel of the tourist attractions in the province and it lies at a three hour drive distance from the capital on the Galle road. The area is not only popular for its sandy golden beaches but it is also renown for the calm and quiet country sides and coconut plantations and various other interesting settings.

The area holds a great historical value because this has been ruled by mainly the Dutch in the times when Sri Lanka was under colonial empire. The Old Dutch fort in Galle is one of the most popular historical landmark that attracts both local and foreign travelers throughout the year. Apart from the Dutch empire, neuropathist
Galle is home for a large number of great personalities in Sri Lankan art and literature. Martin Wickramasinghe, Sildenafil
Sibil Wettasinghe are some examples.

A rapid development league has been taking effect over Galle recently in real estate, valeologist
infrastructure and tourism. The main development project, one of the massive development projects in the Sri Lankan history, is the Southern Sri Lanka highway linking Colombo and Galle in a straight line across the country. This is finished and functional at the present and now a traveler can drive to Galle from Colombo in a maximum time of one hour and 15 minutes.

With this development project, the amount of local and foreign visitors to gale has been multiplied by several times. Now, there is a great demand for tourism related and infrastructural real estate development in Galle. There is a great demand for tourist hotels, rest houses and other related services. Supply centers such as fuel stations, vehicle repair centers, etc.

The provisions for real estate development are more than enough in the area because there are a lot of vacant land and suitable property waiting to be sold or leased to investors. There are a large number of people looking for jobs and that reduces the shortage of man power.

The government is also providing support to most of the real estate development schemes going on in the area because the development is a crucial need for the city of Galle as well as for the country. So, if you are a tourist looking for a good experience in the tropical sun in a lovely beach, or an investor looking for a worthy investment, the city of Galle is where you should start.

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