Travel & Leisure Business Investment Opportunities in Weligama

The business proposal outlines the development of a luxury boutique resort in Weligama Bay, featuring 20 exclusive luxury villas, a wellness spa, an infinity plunge pool, a yoga center, and a gourmet restaurant, all with stunning river views. - The property, spanning 144.5 perches of riverfront land, is strategically located just a 5-minute walk from the Weligama Marriott Bay Resort, ensuring a steady flow of visitors and potential guests. - The investment opportunity offers substantial returns, with a forecasted recoupment of the initial investment within five years of operation, driven by high demand from international tourists, taking advantage of the tourism boom in Sri Lanka. - The land, valued at LKR 289 million by the government, has an actual market value of LKR 361.25 million, making it the largest available riverfront plot with a clear deed. - Investment goal is to raise LKR 360 million for a 49% voting stake in the company on paper in adherence to Sri Lankan law which limits foreign property ownership through a company to 49%, with 51% remaining locally held. - However, a 2% stake will be non-voting which would enable both partners to have equal rights over the company, hence the equity is given as 50%. - The construction of the Villas resort is projected at LKR 300 million but the promoter being a local, can secure this for a reduced cost while maintaining high quality. - An additional LKR 60 million will address the bank mortgage and owner. - An NDA will ensure equal distribution of decision-making power. - The villa designs and resort layout shared in this proposal is flexible and can be tailored to the preferences of the investor in this venture.

Situated at Kurunegala, the capital of the North Western Province Sri Lanka. - On the way to the cultural triangle (Sigiriya, Anuradhapura, Polonnaruwa) a main tourist attraction in Sri Lanka. - The 2 banquet halls can accommodate 300 and 250 people, respectively.

Situated at Kurunegala, the capital of the North Western Province Sri Lanka. - On the way to the cultural triangle (Sigiriya, Anuradhapura, Polonnaruwa) a main tourist attraction in Sri Lanka. - The 2 banquet halls can accommodate 300 and 250 people, respectively.