Waterfront land refers to a property that is situated on the edge of a body of water, such as a river, lake, ocean, or other waterway. These types of properties are considered special and highly desirable in the Sri Lanka real estate market, due to its proximity to water and the unique benefits that come with it. Some of the benefits of waterfront land include:
· Scenic Views: They offer beautiful and panoramic views of the water, which can be calming and soothing. This is why many holiday villas for sale in Sri Lanka are built near bodies of water like a river, lake or the ocean.
· Recreational Opportunities: Access to water-based activities such as swimming, boating, fishing, and other water sports.
· Increased Property Value: Due to their desirability and limited availability, they often have a higher market value compared to properties located further from the water.
· Privacy: They are often secluded and offer privacy from neighbours and passers-by.
· Health Benefits: Living near water has been linked to improved mental health and reduced stress levels.
Waterfront land in Sri Lanka offers many possibilities for both residential and commercial use. Here are some potential uses for waterfront land in Sri Lanka:
· Residential development: Can be used for residential development, whether it is for building a single-family home or a larger housing development.
· Hospitality and tourism: Sri Lanka is a popular tourist destination, and these types of real estate can be used to build hotels, resorts, villas, or other types of accommodation that offer stunning views of the water.
· Water sports facilities: It is ideal for water sports facilities such as marinas, boat clubs, surf schools, or dive centres.
· Commercial development: They can also be used for commercial development such as office spaces, shopping centres, or restaurants, which can benefit from the scenic views and access to water-based activities.
· Agricultural use: Some properties in Sri Lanka may be suitable for agriculture, particularly for crops that require water, such as rice or other types of aquatic plants.
What are some of the best waterfront property locations in Sri Lanka and why?
Sri Lanka has many beautiful locations that are popular for their scenic beauty, cultural significance, and proximity to tourist attractions. Here are some of the best waterfront property locations in Sri Lanka:
1. Galle
The historic city of Galle, located on Sri Lanka's southern coast, is a UNESCO World Heritage Site known for its well-preserved Dutch colonial architecture and stunning views of the Indian Ocean. Galle is a popular tourist destination, and waterfront properties here offer easy access to beaches, restaurants, and cultural attractions. Waterfront land in the Galle area of Sri Lanka is considered special for several reasons:
· Scenic beauty: The Galle area boasts some of the most breath-taking views of the Indian Ocean, with its pristine beaches and crystal-clear waters. The area is also known for its lush greenery, making it a visually stunning location.
· Historical significance: Galle is an ancient port city, with a rich history spanning several centuries. The city is home to many historic landmarks, such as the Galle Fort, a UNESCO World Heritage Site, which attracts tourists from around the world.
· Economic potential: The Galle area has seen significant development in recent years, with many luxury hotels and resorts being built along the coast. This has created a thriving tourism industry, which has helped to boost the local economy and create jobs.
· Lifestyle: Owning these types of real estate in the Galle area is considered a status symbol, as it provides a luxurious and exclusive lifestyle. The area is popular among wealthy Sri Lankans and expatriates who value the privacy, tranquillity, and natural beauty that the location offers.
2. Negombo
Waterfront land in Negombo, a coastal city in Sri Lanka, is considered special for several reasons:
· Proximity to the airport: Negombo is located just 10 kilometres from the Bandaranaike International Airport, which makes it a convenient location for international travellers. This makes it an ideal location for hotels, resorts, and other tourism-related businesses.
· Beautiful beaches: Negombo is famous for its beautiful beaches, which attract tourists from around the world. The beaches are ideal for swimming, sunbathing, and water sports, and they offer stunning views of the Indian Ocean.
· Fishing industry: Negombo is a traditional fishing village, and the fishing industry remains an important part of the local economy. Fresh seafood is readily available, and there are many seafood restaurants in the area.
· Cultural heritage: Negombo has a rich cultural heritage, with many historic sites and landmarks, including the Negombo Dutch Fort, which dates back to the 17th century.
· Tourism potential: Negombo has seen significant development in recent years, with many hotels, resorts, and other tourism-related businesses being built along the coast. This has created a thriving tourism industry, which has helped to boost the local economy and create jobs.
3. Koggala
Koggala is a small town located south of Galle, known for its scenic lake, which is the largest natural lake in Sri Lanka. This area is great for investing in for several reasons:
· Scenic beauty: Koggala is famous for its stunning natural beauty, with its long stretches of golden beaches, crystal-clear waters, and lush greenery. This makes it an ideal location for luxury waterfront properties.
· Proximity to popular tourist destinations: Koggala is located near several popular tourist destinations, including Galle Fort and Unawatuna Beach. This makes it a convenient location for tourists, which can drive up demand for rental properties in the area.
· Cultural heritage: Koggala has a rich cultural heritage, with many historic sites and landmarks, including the Koggala Lake and Buddhist temples. This makes it a popular destination for tourists who are interested in Sri Lankan culture and history.
· Increasing popularity: Koggala is becoming an increasingly popular tourist destination, which is driving up demand for such properties in the area. This can result in appreciation in property values over time, making it a potentially profitable investment.
· Developing infrastructure: The expansion of the highway network and the construction of a new international airport in the Southern region make this area quite appealing to investors. These developments can make it easier to access the area and may help in increasing property value in this area.
4. Bentota
Bentota is a popular beach resort town located on Sri Lanka's west coast. Waterfront properties in Bentota offer easy access to beaches, restaurants, and water sports activities such as jet skiing, parasailing, and diving.
· Natural beauty: Bentota is known for its pristine beaches, crystal-clear waters, and lush greenery, which makes it a visually stunning location. The area is ideal for water sports, such as surfing, snorkelling, and scuba diving, which attracts tourists from around the world.
· Accessibility: Bentota is located just 64 kilometres south of Colombo, the capital city of Sri Lanka, which makes it easily accessible by car or train. The area is also well-connected to other popular tourist destinations in the country, including Galle and Mirissa.
· Tourism industry: Bentota has a thriving tourism industry, with many luxury hotels and resorts located along the coast. This has created a demand for waterfront properties, both for personal use and as rental properties.
· Lifestyle: Owning a property such as this in Bentota is considered a status symbol, as it provides a luxurious and exclusive lifestyle. The area is popular among wealthy Sri Lankans and expatriates who value the privacy, tranquillity, and natural beauty that the location offers.
· Investment potential: The demand for these properties in Bentota has driven up property values in the area, making it a potentially profitable investment.
5. Trincomalee
Trincomalee is a port city located on the east coast of Sri Lanka, known for its natural harbour, beaches, and historical sites. Waterfront properties in Trincomalee offer stunning views of the Indian Ocean and easy access to cultural attractions such as the Koneswaram Temple and the Fort Frederick. Waterfront land in Trincomalee, a port city located in the northeast coast of the country, is considered a good investment for several reasons:
· Strategic location: Trincomalee is strategically located at the centre of the Indian Ocean, making it an important port city for international trade. It is also located near major shipping routes, which can increase demand for waterfront properties in the area.
· Natural beauty: Trincomalee is known for its stunning beaches, crystal-clear waters, and lush greenery. The area is ideal for water sports, such as surfing, snorkelling, and scuba diving, which attracts tourists from around the world.
· Cultural heritage: Trincomalee has a rich cultural heritage, with many historic sites and landmarks, including the Koneswaram temple and Fort Frederick. This makes it a popular destination for tourists who are interested in the country’s culture and history.
· Investment potential: The demand for waterfront properties in Trincomalee has been steadily increasing, making it a potentially profitable investment. The Sri Lankan government has also invested in developing the tourism industry in the country, which can help to drive up demand for waterfront properties in the future.
· Developing infrastructure: The government has invested in developing the infrastructure in Trincomalee, including the expansion of the road network and the development of the port. This can make it easier to access the area.
