Luxury Tourist Hotel for Sale in Galle
A prime luxury boutique hotel is available for sale in Galle, Sri Lanka, offering an excellent investment opportunity in the heart of the Southern Province’s tourism belt. Located approximately five minutes from the UNESCO World Heritage Site of Galle Fort and other major tourist attractions, the property occupies 24 perches of land and features a built-up area of over 8,000 square feet across three floors. The fully furnished and operational hotel comprises eight luxury air-conditioned rooms with hot water facilities, a swimming pool, restaurant and dining areas, and private parking, allowing the new owner to continue operations immediately. An additional beachfront land extent of over 130 perches, stretching from the existing property towards the beach, is available for future expansion through a lease agreement or outright purchase by mutual agreement. The property is offered at an asking price of LKR 350 million, approximately USD 1.2 million depending on the exchange rate. Based on the proposal’s projections, the hotel has an estimated average room rate of USD 130 per night, a target occupancy rate of 55% to 70%, projected monthly revenue of LKR 5.5 million to 7.8 million, estimated annual revenue of LKR 65 million to 90 million, and estimated annual net profit of LKR 32 million to 45 million, with a projected payback period of 3.5 to 5 years. With convenient access to the Southern Expressway, premium cafés, lifestyle destinations, and popular surfing areas such as Dewata and Unawatuna, this property presents an attractive opportunity to acquire an established luxury hospitality business with significant potential for beachfront resort expansion.
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