“Property for sale Mirissa corridor — This 3-bedroom house on direct Galle Road frontage in Thalaramba, Matara offers 22.5 perches with clear Bim Savi deed. 5 minutes to Mirissa Beach, vacant, immediate possession
**Property Highlights:**
- **Land:** 22.5 perches, flat terrain, mature coconut trees, excellent for immediate or staged development
- **House:** 1,100 sqft, recently renovated, 3 bedrooms, move-in ready
- **Visibility:** Direct Galle Road frontage—high traffic, commercial visibility, ideal for signage/business activation
- **Proximity:** 5 minutes by vehicle to Mirissa and Thalaramba beaches
- **Access:** Clear deed (Bim Savi), vacant, immediate possession
**Investment Thesis:**
The Matara–Mirissa corridor has attracted 2.36 million tourism arrivals in 2025, driving commercial and residential demand. Properties in this belt appreciate at 8–10% annually. This location commands approximately Rs 2 million per perch—a fair entry point with strong upside potential.
**Development Options:**
1. **Airbnb/Holiday Rental:** 3BR properties near Mirissa generate Rs 15,000–25,000/night; 40–80% annual occupancy yields Rs 2.2–7.3M gross income
2. **Commercial:** Galle Road frontage suits a small hotel, restaurant, retail, or office—high foot traffic
3. **Residential Rental:** Long-term lease market: Rs 80,000–150,000/month for similar 3BR properties
4. **Mixed-Use Development:** Scale the built structure to 3–4 units while retaining land value
**Market Comparables:**
- Mirissa beachfront: Rs 1.3M–5M/perch (Galle Road inland variant: Rs 800K–2.5M/perch)
- This property: Rs 2M/perch—mid-market fair value
- Historical appreciation: 8–10% p.a. over 5-year horizon
**Why Buy Now:**
- Tourism tailwind: Southern Sri Lanka corridor at inflection point
- Deed clarity: No legal risk; clear title, no encumbrances
- Ready to occupy or develop—no downtime
- Galle Road frontage: Not often available at this price point
**Contact:** Janaka WhatsApp or call for viewing appointment. Serious inquiries only. Title documentation available for attorney review.
Virtual Property Tour (Video Walkthrough)
https://drive.google.com/file/d/1N0UhJ7dchut59v9-9GxRf1ENZOa_usy0/view?usp=sharing
Watch the full video tour to see the house, land, and proximity to Mirissa Beach( copy and past url to view )
