Hotel for Sale in Hikkaduwa, Sri Lanka
Premium 100% freehold boutique hotel with pool – 30 perches in prime Hikkaduwa.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 50 - 60 thousand |
| Run Rate Sales | USD 61 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Hotels |
| Locations | Hikkaduwa |
| Local Time | 7:13 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
870 thousand
(Native Currency: LKR 290,000,000)
Reason: The owner is retiring.
Includes physical assets worth
USD
870 thousand
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Business Overview
Please note: The real estate (30 Perches) holds a rare, 100% legal personal freehold title acquired 23 years ago legislative window for foreign buyers. This allows an exceptionally clean, secure, and legally protected transaction for international buyers, completely avoiding modern, complex trustee structures.
A rare opportunity to acquire a fully operational, high-yielding boutique hotel in Waulagoda, Hikkaduwa – one of Sri Lanka’s most resilient and popular tourism hotspots. Set on 30 perches of prime freehold land, this turnkey property is situated just 300 meters (short walking distance) from the vibrant main beach, offering guests the perfect balance of coastal accessibility and tropical tranquility. The hotel currently features 5 beautifully designed, active guest rooms, a private swimming pool, a tropical garden layout, and an established breakfast service. Positioned for immediate scaling, the property comes with approved potential and space to expand by an additional 2 rooms (bringing the total to 7 rooms). Top restaurants and tourist amenities are located in the immediate vicinity.
Best reviews on booking. com and tripadvisor.
A rare opportunity to acquire a fully operational, high-yielding boutique hotel in Waulagoda, Hikkaduwa – one of Sri Lanka’s most resilient and popular tourism hotspots. Set on 30 perches of prime freehold land, this turnkey property is situated just 300 meters (short walking distance) from the vibrant main beach, offering guests the perfect balance of coastal accessibility and tropical tranquility. The hotel currently features 5 beautifully designed, active guest rooms, a private swimming pool, a tropical garden layout, and an established breakfast service. Positioned for immediate scaling, the property comes with approved potential and space to expand by an additional 2 rooms (bringing the total to 7 rooms). Top restaurants and tourist amenities are located in the immediate vicinity.
Best reviews on booking. com and tripadvisor.
Products & Services Overview
Luxury boutique accommodation for European, Russian and international tourists visiting Sri Lanka’s southern coastal region.
Assets Overview
Tangible assets:Fully equipped hotel available for takeover with existing management and staff; land valued at LKR 54 million, building and equipment LKR 236 million.
Intangible asset: high ratings on Booking. com, tripadvisor and other major platforms.
Facilities Overview
European‑built estate featuring three two‑storey buildings on 30 perches (6,000 sq ft built‑up).The property is built in a serene setting with pleasant, uncomplicated neighbours. All rooms overlook the swimming pool, with ample parking and accommodation for 15 guests (expandable to 19). Just a 7‑minute walk to Turtle Beach, Hikkaduwa, and only 4–5 minutes from popular restaurants.
Capitalization Overview
100% European‑owned property and business, debt‑free with no outstanding loans.The estate is fully owned by a single European proprietor and operated through a Pvt. Ltd. company, ensuring seamless handling of all contracts (Booking. com, Agoda, Expedia, agencies, utilities, and personnel). Acquisition of the company enables immediate continuation of operations without disruption. Since the owner and his family no longer use the property themselves (4-6 months per year), revenue increases considerably.
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