Sri Lanka, 26 November 2016 – Dusit Thani Sri Lanka, Beachfront Balapitiya opened their beautiful premises to 300 potential investors and apartment owners from Sri Lanka and overseas. The project is Sri Lanka’s one & only beach front, luxury, high-rise, investment apartments. The event reaffirmed The Beachfront as Sri Lanka’s soon to be ‘go to destination’ with the property scheduled to open in 2018.
Sri Lanka’s elite turned out for the event and enjoyed exquisite Thai cuisine, a specially designed Dusit Thani signature cocktail and danced the night away to local band ‘Gravity’. The event acted as an introductory experience of the grandeur and hospitality that the unique investment product will bring to the island-nation of Sri Lanka.
“This event was a prime opportunity to welcome everybody to the Dusit family. The project has been well received and I was delighted with the interest shown on the night. Due to the number of inquiries we have received we are soon to open two new sales offices in Colombo and Galle to better serve the needs of our customers”, commented Director, Indola Group – Paul Dwyer.
Located on 500 meters of absolute pristine beachfront each of the 514 apartments will feature a large private balcony, 5-star designer interiors and stunning, uninterrupted ocean views. There is a choice of 1, 2 or 3 bedroom apartments priced from US$244,000. Investors receive a freehold title and guaranteed returns of 6% nett per annum for five years that is paid quarterly in US Dollars. There is the potential of approximately 30% in capital gains over two years and no on-going costs at all. Additionally, apartment owners can use their apartment up to 21-days per annum free of charge. A display suite is now open on-site in Balapitiya for customers to view.
Director, Indola Group – Ajit Wijesinghe, concluded, “The event was a huge success in terms of both sales and the offering of our unique financial and lifestyle product. I am very proud of this project and the opportunity to create employment in this area.”
Construction will start in February 2017. The project will be developed over three phases including a promenade featuring 15 international restaurants, cafes & bars, a luxury spa, sauna & gymnasium, 2500sqm convention centre, a roof-top tennis court and a multi-faith chapel.
About Dusit Thani Sri Lanka, Beachfront Balapitiya
Dusit Thani Sri Lanka, Beachfront Balapitiya is Sri Lanka’s one & only luxury investment, high-rise, resort-style development. The 5-star property is designed by renowned Singaporean architectural firm Design Team 3 and managed by Thai hotel and apartment operators, Dusit International (www.dusit.com) – one of the world leaders in authentic Thai hospitality. The property will feature three stages consisting of a 24/7 concierge, luggage, security and valet services as well as a promenade featuring 15 international restaurants, bars & cafes, a luxury spa, sauna and gymnasium, 5 swimming pools (including a rooftop infinity pool), tennis court, multi-faith chapel and a 2500sqm convention centre.
The property is located on 500 meters of absolute pristine beach front between Bentota and Hikkaduwa on Sri Lanka’s famous west coast. The apartments are the one & only of its kind in Sri Lanka open to foreign investors.