Hospitality and Leisure Development
Tangalle Old Rest House
Tangalle
LOCATION
0.56 Acres
Land Extent
USD 230 Mn
Minimum Investment
Project Overview
The site has been identified as a hospitality location and is to be developed for leisure activities, F&B and accommodation needs of tourists.
Estimated investment value is USD 230 Mn.
Project is expected to commence in 2022
Project/Ownership Structure
Project company can facilitate potential partnerships with interested parties locally and internationally and it is offered on a 99-year lease
![](https://investsrilanka.com/wp-content/uploads/2022/02/Tangalle-Old-Rest-House-Side-Image.jpg)
Incentives
Location
Incentives
Project incentives:
![](https://investsrilanka.com/wp-content/uploads/2021/08/5-10-year-tax-holiday-231x300.png)
Government Tax Concessions
![](https://investsrilanka.com/wp-content/uploads/2021/08/Access-to-talented-1.png)
Speedy approval process with the assistance of the UDA
![](https://investsrilanka.com/wp-content/uploads/2021/08/Basic-Infrastructure-available.png)
Readily available basic infrastructure to the site
![](https://investsrilanka.com/wp-content/uploads/2021/08/No-1.png)
Government assured land tenure security
Location
![](https://investsrilanka.com/wp-content/uploads/2021/12/29.-Amusement-Park.png)
Geographical Location: Located within the city limits of Colombo, its conveniently located in close proximity to all logistic centers and main highway.