Hospitality and Leisure Development

Tangalle Old Rest House



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

Project incentives:

Government Tax Concessions
Speedy approval process with the assistance of the UDA
Readily available basic infrastructure to the site
Government assured land tenure security

Geographical Location: Located within the city limits of Colombo, its conveniently located in close proximity to all logistic centers and main highway.