Page 31 - Invest in Sri Lanka
P. 31
Sri Lanka: The Heart of the Eastern Hemisphere Your Destination for Timeless, Sustainable Investments
General Land Prices
Approximately 20% of Sri Lanka’s land is
freehold, privately owned, and 80% of the
island’s land is owned by the Government, much
of which is given out on long leases in various
structures for various uses. As such, freehold
land prices across Sri Lanka have always
appreciated, given scarcity and demand,
particularly in areas with strong economic growth Deal Structures
and infrastructure development. All areas of the
capital Colombo and suburbs have witnessed Sri Lanka’s hospitality and tourism investment and
sharp price increases. Kandy and Nuwara Eliya in development sector is among the most liberal in
the Central Province have seen land values the world. Creative and diverse deal structuring
increase due to their appeal as travel has facilitated various investment structures in the
destinations and second-home (holiday home) country, including but not limited to the following:
markets. The opening of new highways, such as
the Southern Expressway and Colombo-Kandy Owner-operated & Freehold ownership 1
Expressway, has further boosted land prices in
nearby regions by improving accessibility. 2
Joint ventures
3
White label (third-party) operators
4
Operational leases
5
Ground leases (on land)
Hotel management and franchise 6
agreement models
Mixed-use developments that feature a 7
combination of the above
INVEST IN TOURISM SRI LANKA 27

