This investment presents a compelling opportunity to acquire a near-complete, beachfront hotel asset in one of Sri Lanka’s most resilient and strategically located tourism hubs. The Hotel is a 90-room, BOI-approved project that is approximately 90% complete, positioned directly opposite a clear beachfront and just 15 minutes from Bandaranaike International Airport, making it ideal for transit tourists, short stays, and tour start/end traffic. With core infrastructure, approvals (SLTDA/UDA/Coastal), and most furnishings already in place, incoming investors can fast-track completion while customising final finishes to unlock additional revenue streams such as a rooftop bar, spa, or alternative basement uses. The scale of the asset, prime seafront views, and limited remaining capex relative to replacement cost provide a strong risk-adjusted entry at an expected price of USD 6.5 million (negotiable), positioning the hotel for both operating cash flows and medium-term capital appreciation as tourism continues to normalise and grow.
Contact: info@frontiercapital.lk
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