Property Details

Beachfront Apartments | Balapitiya - Galle

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New Rs. 36,000,000  
617 Sq Ft1 Bedroom1 Bathroom1 Parking  Add to Favorites Print

Sri Lanka’s ‘One & Only’ luxury, high-rise, investment beachfront apartments available to foreign investors.

Located 90 minutes away from the International Airport and 60 minutes away from the metropolis of Colombo, The Beachfront is situated on a lush, tropical site featuring 480 meters of direct access to four pristine beaches, on Sri Lanka’s famous West Coast between Bentota and Hikkaduwa.

Constructed in three stages, The Beachfront offers 485 investment apartments with designer interiors and fittings, overlooking spectacular beach and ocean-views. Additionally, the property will also house a tennis court, multi-faith chapel and a 2,500 sq.m. convention centre.

The resort-style development offers the added luxury and convenience of stage 2, which features a promenade housing 15 international restaurants, cafes & bars, spa, tourist shopping, pharmacy and convenience stores.

With 80% of 40 pre-release apartments offered from stage 1 (121 apartments in total), including a FREE furniture pack (valued at approximately 9%) already sold out, opportunity has never knocked so loudly!

A premier selection of 1, 2 and 3 bedroom apartments are still available for immediate purchase, starting from US$244,000.

Owners receive a guaranteed return on investment of 6% nett, per annum, paid quarterly in US dollars, freehold title, huge capital gains potential of approximately 30% and a 21-day free stay per year with no additional on-going costs.

The Beachfront is poised to become the ‘go to’ destination for travelers in search of a luxurious, safe, and extensively catered for beach-side lifestyle, offering owners financial and lifestyle gains as Sri Lanka’s ‘one & only’.

Payment Plan:

  1. Reservation Agreement Deposit – US$5,000
  2. Signing of Sale & Purchase Agreement (less US$5,000 Deposit) – 10%
  3. Upon Commencement of Construction – 10%
  4. Completion of the Ground Floor Slab – 10%
  5. Casting of Level 04 Floor Slab of Tower Footprint (approx. 6 months) – 10%
  6. Casting of Level 07 Floor Slab of Tower Footprint (approx. 8 months) – 10%
  7. Casting of Level 11 Floor Slabs of Tower Foot Print (approx. 10 months) – 10%
  8. Upon Completion of Roof Tight Status (approx. 15 months) – 15%
  9. Upon Completion of the Drywall Installation (approx. 20 months) – 15%
  10. Completion date and Closing (approx. 24 months) – 10%

For more info please send an inquiry via the message box below or call +94777121880.

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