Colombo, 16 December 2016 – Dusit Thani Sri Lanka, Beachfront Balapitiya celebrated the opening of their new Colombo office located at 100 Kynsey Road, Colombo 07 on Friday 16 December 2016.  The exclusive, VIP invitation only event was the highlight of the Colombo events calendar that was be attended by Colombo’s elite.   The evening wshowcased the beautiful 5-star project that is Sri Lanka’s one & only beach front, luxury, high-rise, investment apartments available to foreign investors.  Guests sampleed exquisite Thai cuisine and specially selected wines and liqueurs to complement each dish.  Smooth tunes will relax you into that weekend feeling that goes hand-in-hand with the luxury beachside lifestyle that Dusit Thani Sri Lanka is introducing to the island-nation.

“The Beachfront has received immense interest and due to the number of enquiries from the Colombo area we had to open an office to serve our client’s needs.  We have seen huge sales success with our apartments over the last few months and are now excited to introduce Tower A to the Colombo market,” commented Director of Indola Group, Paul Dwyer.

Located on 500 meters of absolute pristine beachfront each of the 506 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 see how an apartment will look.

“With the success of stage 1 it is apparent to our investors that financially The Beachfront is undoubtedly Sri Lanka’s one & only.  The Colombo office was a given but we will not be stopping there as we aim to open more sales outlets around the island,” concluded Ajit Wijesinghe, Director of Indola Group.

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.