Resorts for Sale and Investment in Balapitiya

Location: Superb hotel investment opportunity in Sri Lanka with pristine beachfront access. The resort location is ideal, with easy access to national parks & various tourist sites. - Famous Yala Park and Bundala Park are less than 30 minutes drive. Religious sites eg. Katharagama & Sithulpuwa are within 1 hour. - Hambantota Airport, port & express highway is within 50 minute drive. Activities: The hotel is located on an undisturbed beach where a range of activities can be done, including: - Safari Tours to National Parks. - Fishing. - Diving (experienced divers) - Beach Leisure. - Cycling. - Rural cooking and village tours. - Nature exploration. - Other leisure activities. Facilities: - Resort has 20 chalets with comfortable beds & amenities. Including Air Conditioning units, ensuite bathrooms for all the rooms in peaceful surroundings. - A unique elevated pool with a panoramic sea view of the natural surroundings. - A large beachside restaurant to cater for variety of guests. - A relaxation and public wi-fi area that is close to the beach, pool and restaurant. - Reception area and office buildings near the entrance of the hotel to handle reservations and guest inquiries. - A spa building that can be used for multiple therapies, - There is a bar building that serves alcoholic drinks. - Ample car parking space at the front area of the resort. - Facility has three-phase mains electricity, mains water, 4G Wi-Fi, CDM telephone lines & satellite. - Licences include liquor licence FL7 & FL8, COC certificate, trade & tourist licence. Future Expansion: - There are several income streams options on-site. - There is space to build additional rooms and have a mixed concept resort. - There is an option to buy the bare land next to the resort to increase the business premises space. - Ideal location to include wellness tourism packages. - This is an established on-going unique tourism business that operates under a commercial long lease and has already been marketed extensively. - All documents & licences are in the company's name so no name change is required. - Company share sales and transfers are exempt from taxes at present in Sri Lanka. - Company has 10 million shares and the buyer can be the sole owner or have multiple directors. - Sale price includes all licences, all operational assets & private limited company. Physical assets of the business include infrastructure, furniture, interiors, along with other plant & equipment.

Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel. Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry. Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click. The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance. We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel). Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature. MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels. The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.

Palazzo Hospitality manages and operates one of the most sought-after properties in the UAE, Palazzo Versace Dubai, bringing into hospitality the DNA of the famous Italian fashion house, this ultra-luxury hotel. Located in Jaddaf Waterfront has constantly made headlines across the world, launching some unique projects in the industry. Palazzo Versace Dubai was one of the first hotels in the GCC region to expand the e-commerce side of the business setting in 2022 the “Gift An Experience” platform, where guests could purchase hotel stays, dining or wellness experiences with the ease of a click. The property has also introduced cryptocurrency payments and partnered with one of the world’s largest crypto exchange platforms, Binance. We are now looking to expand the brand globally by franchising and are seeking franchise partners for our hotel brands (Seotra, Myde Hotels, and The Appointment Hotel). Seotra - Ultra-luxury resorts for those seeking a serene holiday, Seotra hotels are right in the place the Earth meets the sea. Offering sophisticated pleasures on land and water, Seotra comes forward with incredible tailored experiences across the beach and nature. MYDE Hotels - Featuring an artful visual language that stands as a global model for purpose-built lifestyle living, MYDE Hotels put their guests at the core of everything, providing legendary services, the most luxurious amenities, and state-of-the-art facilities. Accented with cutting-edge designs and over-the-top technologies, the guests will be immersed in a true lifestyle experience complemented by unique dining prepositions across all the properties. Classy, minimalistic touches define MYDE Hotels. The Appointment - Putting hotels right in the heart of the destination, The Appointment features a wide number of facilities for business travelers, from proximity to financial districts to high-end meeting facilities, exceptional service, and effective workspaces. Adding sophistication and style, The Appointment caters to the most discerning tastes, making a business stay fine.