100 Perch Prime Development Land for Sale – Ella
A rare opportunity to acquire 100 perches of freehold land with a clear deed, located just 2 km from Ella Town.
✅ Clear deed
✅ Water & electricity available
✅ Approximately 100+ mature Areca Palm trees on the property
✅ Existing Areca harvest generates approximately LKR 400,000+ per year
✅ Stunning views of paddy fields and mountain ranges
✅ Watch the iconic train passing towards the Nine Arch Bridge from the property
✅ Excellent access and development potential
✅ Hard-to-find clear deed property this close to Ella
Price: LKR 330,000 per perch
Total Price: LKR 33 Million
Very slightly negotiable
Investment Potential
This property offers both immediate income and significant development upside.
Ideal for:
- Boutique hotel development
- Cabana or glamping projects
- Villas or holiday homes
- Subdivision into smaller residential or investment plots
For investors seeking a quick return, the land can be subdivided into approximately 20-perch plots and resold. Based on current market demand in Ella, we believe a resale value of LKR 450,000+ per perch is achievable. With proper subdivision and marketing, the project has the potential to be flipped within 6–12 months.
Government valuation is already LKR 400,000+ per perch, making the asking price highly attractive compared to current market values.
Additional Income
Unlike many bare land offerings, this property already generates income through its 100+ mature Areca Palm trees, bringing in approximately LKR 300,000 per year, providing a return while planning development or resale.
Why Are We Selling?
To be completely transparent, we are very reluctant to sell this property. We originally intended to hold and develop it ourselves, as we strongly believe in its future value. However, we have recently committed significant capital to another hotel project and have decided to release this land despite the continued rise in Ella land prices.
Properties with a clear deed, utilities already in place, income-producing trees, spectacular views, and close proximity to Ella Town are becoming increasingly difficult to find. There is currently very limited inventory available at this price point.
Serious buyers and investors only. This is not a distressed sale, and we are not interested in unrealistic offers or bargain hunting.
