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Hotel for Sale in Hikkaduwa, Sri Lanka

Premium 100% Freehold Boutique Hotel, Pool, 30 perches, Prime Hikkaduwa, 7 min walk from Beach.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 60 - 70 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 - 30 %
Industries Hotels
Locations  Hikkaduwa
Local Time 12:54 PM Europe / Budapest
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: USD 700,000)
Reason: The owner is retiring. The deal can be settled in EUR, USD or LKR. Projected Run Rate Sales of 35 Mi... View More
Includes physical assets worth USD 600 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. Valuation from USLS Colombo 08/2026 available.

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 submission plans to extand by 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 9,7/10 and tripadvisor 4,8/5.
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 61 million (USD 184k), building and equipment LKR 131 million (USD 400).
Intangible assets: high ratings on Booking. com 9,7/10, TripAdvisor 4,8/5, and other major platforms.
Facilities Overview
European‑built estate featuring three two‑storey buildings on 30 perches (5000sq 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. Submission plans for the expansion from 5 to 7 rooms are available.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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1 Buyer contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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