Beach-Facing Hotel Apartment Building for Sale (EM023SD)

Beach-Facing Hotel Apartment Building for Sale in Mount Lavinia | LKR 375,000,000 | EM023SD

Property Details:

Property Type: Hotel Apartment Building

Location: Mount Lavinia (Beach-Facing)

Land Extent: 23 Perches

Total Built-Up Area: 12,500 sq. ft.

Floors: Ground + 4 Floors (Lift Available)

Condition: Fully Furnished & Air-Conditioned Units

Parking: 12 Parking Slots

Units: 20 Studio Apartments (400+ sq. ft. each)

Current Use: Running Hotel Apartment Business

Features & Amenities:

Fully operational hotel apartment building

All apartments are fully furnished and air-conditioned

Lift access to all floors

Dedicated parking for 12 vehicles

Modern studio layouts with functional design

Established rental income stream

Current Monthly Rental Income: Approx. LKR 3,000,000

Investment Type: Income-generating commercial property

Located in a prime beach-facing stretch of Mount Lavinia, this fully operational hotel apartment building presents a rare investment opportunity in one of Colombo’s most sought-after coastal zones. Built on 23 perches of land, the property comprises a well-maintained Ground + 4 floor structure with lift access, featuring 20 fully furnished studio apartments.

Each unit is designed with efficient layouts of over 400 sq. ft., catering to both short-term and long-term stays. The building currently generates an estimated LKR 3 million monthly rental income, making it a strong turnkey investment opportunity.

With COC obtained (2022 completion) and significant potential for expansion in both rooms and vertical development, this asset offers both immediate returns and long-term capital appreciation in a high-demand tourist and residential area.

Price: LKR 375,000,000

Please contact Emil Realtors for further details or to arrange a viewing.