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Sri Lankan Real Estate: New Investment Opportunities for Potential Investors on the East Coast

Fri, 24 Feb 2012 09:00:08 EST

The Sri Lankan Real Estate industry is awakening once again thanks to the end of the thirty year long armed conflict and the tireless development efforts of the Sri Lankan Government. With the increase in government spending on development of infrastructure and reconstruction of war-torn areas, many of the untouched and forgotten areas of Sri Lanka are beginning to present ample opportunities for real estate developers. There are hundreds of acres of land lying directly next to the golden coast line which are ideal for investors seeking to invest in the tourism industry.

Lankaestate.net is proud to introduce latest hot properties which are available for purchase in east and south coasts of Sri Lanka.

10.5 Acres Beach Property Close To Batticaloa/ Passekudah (Underlined for separation purposes Only)

Located just 5km North of Batticaloa town which is fast becoming a tourist area, this prime beach property is ideal for the tourism industry. Accessible via a good well maintained wide road, the property has easy access to shopping and other facilities in the Batticaloa town. The land has up to 400 meters of direct beach front, and is ideal for tourism based developments such as the construction of Holiday Resorts or Multiple-Villas for tourists. The ocean around the land is very much suitable and safe for swimming, and the many coral reefs teeming with marine wild life offer fantastic diving and snorkeling for visitors.

By the year 2012 there will be many new tourist hotels and resorts opening up around the Passekudah beach which will attract more and more investors to this tender coastal region. The price of real estate just a few kilometers north of the property is already at the USD80 000 per acre mark. One of the very few remaining beach property in Sri Lanka

Elevated Ocean View Property Close To Tangalle   (Underlined for separation purposes Only)

Tangalle is a beautiful city on the southern coast of Sri Lanka located within the Hambantota district. Tangalle is also a regional fishing port and also a center of tourism. With the rapid development being carried out within the Hambantota district itself, with the construction of a new Harbor and airport, Tangalle has come to the forefront as a regional tourism hotspot.

Located within one of the most sought after areas in the south, and close to the renowned Aman Resort, this elevated ocean view property offers a fabulous ocean view hilltop of around 1 acre. Located within easy walking distance from the Aman beach the property shows immense potential and is considered to be ideal for investment in the tourism industry.

100 Acres Beach Property At Surf-Point  within the Arugam Bay Area,   (Underlined for separation purposes Only)

Arugam bay is located on the southeastern coastline of Sri Lanka and is 320 kilometers due north from the capital city of Colombo. Famous the world over as a tourist hotspot real estate in and around the Arugam bay area are considered ideal for investment in the tourism industry. The Tourism industry in Sri Lanka is flourishing  thanks to the end of the war, and today thousands of tourists flock to coastal tourism hotspots like Arugam Bay. Due to the sudden increase in demand the hotel and resort industry of the area is finding it difficult to cope due to the limited number of High quality hotels and resorts.

The property in focus is more than 100 acres and has approximately 800 meters of beach front, which makes it ideal for a large tourist resort or hotel. The value of the property is increased further more considering its proximity to Arugam Bay Surf point which is considered as one of the finest surf points in Sri Lanka.

10 Acres beach Front in the Akkaraipattu Area,   (Underlined for separation purposes Only)

Akkaraipattu is located in the coast of the island. And just like most other cities located on the southern coastal belt, Akkaraipattu also has golden beaches which offer plenty of Sand, Sun and Surf.

This rectangular block of real estate has a 200 meter beach which makes it ideal for a sea side traditional Sri Lanka house construction, tourist hotel or a Holiday resort. With direct access from the main road as well as easy access to Water, Electricity and Telephone, this property presents itself as a perfect opportunity for would be investors seeking to invest in the tourism sector.


Source: WebWire



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