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Negombo luxury apartment hotel for sale

  • 1 Jul 2023, 10:01pm
  • Views : 357


R
RONNY
Verified User
LOCATION
Negombo
AD UPDATED
29 June 2023

Rs: 120,000,000 Negotiable

අදාළ අයිතමය පරික්ෂාවට හෝ විකුණුම්කරු මුණගැසීමට පෙර අන්තර්ජාලය, දුරකථන ජාල හා බැංකු ජාල හරහා මුදල් ගෙවීමෙන් වලකින්න.

Do not pay for the item on the internet, telephone networks or bank networks before checking out or checking the seller.

Land Size 110 Perches

Specifications

  • Address Negombo
  • Type Commercial

Description

Luxury apartment hotel build on a 53 perch of land in the quit envirement of Palangahture East. Nearby tourist areas.
Hotel building is 10 years old
Hotel(3-star) is family mined and mostly booked by families.

Walking distance to the coastline and major hotels like Jetwing Blue .
Property is completely surrounded with a parapet wall of 3m high.
The propery has 4 blocks, each 4 apartments. Max. occupensy is 64 persons.
Outdoor pool ( child friendly)
Restaurant in-and outdoor.Coffee corner , Spacious carpark.
Public toilets , outdoor swimpool showers.
Office ,Staff & drivers accomodation for 4-5 persons
Land can be extend up to 110perches.
Many possiblilities to expand (Take-away corner-coffe shop-restarant for outsiders...)
Plus point of this property are: seperate appartment can cook inside (long term rentals)
Current situation is as follow:
Hotel is closed from end 2019.
Only building and land for sale.
Estimate renovation cost are between 15 to 20 million rupees.
Last valuation in current sate is 180 million.

If you want to make a good profit , renovate the hotel, after a period of time the value will raise to 220 million.
For futher info, be free to mail, call or whatsapp me.