Our Reference No. SL14796
(Please quote this reference number when inquiring)
Located in Kovilakanda – Weligama, this rare elevated land parcel presents an exceptional investment opportunity within one of Sri Lanka’s fastest-growing coastal tourism corridors. The property enjoys panoramic ocean views overlooking Weligama Bay, combined with privacy, natural surroundings, and strong long-term development potential.
The land extends across approximately 588 Perches (around 3.67 Acres) and features mixed yet largely usable terrain suitable for large-scale development. Its elevated position ensures permanent sea views, making it highly attractive for hospitality, tourism, or lifestyle-focused investment projects.
The property also includes an established cinnamon plantation covering a significant portion of the land, providing agricultural value and potential seasonal income while the land continues to appreciate as a development asset.
Access to the land is provided via a 10-ft concreted road, and the location benefits from convenient connectivity to surrounding coastal towns and key tourism destinations along the southern coast.
𝐏𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐃𝐞𝐭𝐚𝐢𝐥𝐬
• Land Extent: 588 Perches (Approx. 3.67 Acres)
• Price per Perch: LKR 350,000
• Access Road: 10 ft (Approx.)
• Access Road Condition: Concreted
• Soil Condition: Natural Gravel
• Views: Panoramic Sea View
• Direction: South-East
• Neighborhood: Mixed Use
• Noise & Population Impact: Insignificant
• Permitted Use: Commercial & Agricultural
𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐚𝐥 & 𝐈𝐧𝐜𝐨𝐦𝐞 𝐃𝐞𝐭𝐚𝐢𝐥𝐬
• Approximately 400 Perches of mature cinnamon plantation currently exist on the property.
• Around 300 Perches planted in 2019
• Estimated seasonal Yield: 1000 – 1200 kg
• Approximately 100 Perches planted in 2024 (not yet ready for harvesting)
• Estimated 3,500 trees per acre (Approx.)
• Annual maintenance cost for per Acre: Approx. LKR 70,000
This plantation component offers additional income potential while maintaining the long-term investment value of the land.
𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬
• 50 m to Weligama - Kananke Road
• 2.7 km to Weliagama Beach
• 2.5 km to Weliagama Bus Stand
• 4.8 km to Kokmaduwa Highway Interchange
• 8 km to Mirissa – major international tourist destination
• Close proximity to Railway and public transport
𝐓𝐨𝐭𝐚𝐥 𝐏𝐫𝐢𝐜𝐞: 𝐋𝐊𝐑 𝟐𝟎𝟓.𝟖 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 (𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐛𝐥𝐞)
Price quoted is as indicated by the owner. Genuine investors are encouraged to make reasonable offers after inspection.
We maintain a wide portfolio of residential lands, houses, and investment properties across Colombo and other key locations in Sri Lanka. If this property does not fully meet your requirements, we would be happy to assist you in finding the most suitable option.
• For more information, please call the advertised number.
