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Priced high
3 of 4 similar hotels ask less, so there’s room to negotiate.
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Our Reference No. SH15314 (Please quote this reference number when inquiring) Positioned along the highly sought-after Polhena beachfront, Hotel Royal Sea Wind presents a rare opportunity to acquire a fully operational hospitality asset combining stable income, operational flexibility, and long-term upside potential. The property benefits from a unique combination of FL7 and FL8 liquor licences, enabling both in-house guest service and independent walk-in bar operations. This dual-licence structure allows for a diversified revenue model, catering to hotel guests, beachfront visitors, and event-driven clientele — a feature not commonly available in comparable properties. The hotel currently operates with a steady income base supported by room occupancy and established bar trade, while still offering significant scope for growth. Underutilised components such as the event hall, beachfront walk-in traffic, and potential classification upgrades provide clear avenues for revenue enhancement without requiring major structural changes. Importantly, the property maintains a balanced positioning within the tourism segment. The bar and F&B operations are integrated into the guest experience, preserving the overall character of the asset while still allowing for controlled expansion of revenue streams. From an investment perspective, this is not merely a real estate acquisition, but a functioning hospitality business with embedded operational potential. The combination of beachfront land, income-generating infrastructure, and regulatory positioning through dual licences creates a compelling platform for both yield-focused investors and owner-operators. Properties offering this blend of location, licensing, and scalability remain limited in the current market, particularly within established coastal tourism zones. 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 • Beachfront location in established Polhena tourism zone • Dual FL7 & FL8 liquor licences (guest + public trade) • 11-room operational hotel with supporting facilities • Proven bar revenue stream with growth potential • Event hall and function capacity up to 350 guests (underutilised upside) • Strong appeal for both investor and owner-operator profiles 𝐏𝐨𝐬𝐢𝐭𝐢𝐨𝐧𝐢𝐧𝐠 This opportunity is ideally suited for: • Investors seeking income + capital appreciation • Hospitality operators looking for a scalable platform • Buyers seeking licensed beachfront assets with entry barriers 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 • Walking distance to Polhena Beach (Approx. 200m) • 3.7 km to Matara Fort • 29 km to Koggala Airport • 87 km to Mattala Rajapaksa International Airport 𝐈𝐧𝐝𝐢𝐜𝐚𝐭𝐢𝐯𝐞 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 : 𝐋𝐊𝐑 𝟑𝟕𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 (𝐍𝐞𝐠𝐨𝐭𝐢𝐚𝐛𝐥𝐞) Price quoted is as indicated by the owner. Genuine buyers are encouraged to make reasonable offers after inspection. We maintain a wide portfolio of houses, lands, and investment properties across Colombo and its suburbs. If this property does not fully meet your requirements, we would be happy to assist you in finding the most suitable option. • For more information, please call the advertised number.
ikman.lkPosted 4 days ago
Rs 350,000,000
Fixed price
HariMila AI estimate
Rs 250–315M
Opens the original ad on ikman.lk
Approximate location from the source
Hotels for sale · last 30 days
Floor area
Smaller than 62%
5,339 sqft · median 8,000
Price per sqft
Rs 65,555
median Rs 25,000 / sqft
Based on 4 other hotels in the Matara district
Rs 300,000,000
Likely range Rs 250M – Rs 315M
Asking price is 17% above the estimate.
From asking prices, not sale prices: a guide, not a valuation.
8 hotels for sale in Matara
197 priced Hotels for sale · tap a dot to open it
Hotels for sale · last 30 days
Median asking price · 7-day rolling
New listings per day · 213 in 30 days
Tap a bar to see those listings
| 1 bed | Rs 300,000,000 | 2 listings |
|---|---|---|
| 2 bed | Rs 95,000,000 | 7 listings |
| 3 bed | Rs 44,750,000 | 4 listings |
| 4 bed | Rs 110,000,000 | 11 listings |
| 5 bed | Rs 97,500,000 | 16 listings |
| 6+ bed | Rs 160,000,000 | 40 listings |
Closest matches by type, area and price
Listed on ikman.lk
Ad …96254919 · checked 20h ago
We show a summary and link to the original ad. Seller contact details stay on ikman.lk. We never store them.
This listing: Rs 350,000,000 at 5,339 sqft. Typical price ranges from Rs 1,550,771 to Rs 847,842,441.
33 |
| Rs 269M |
| Nuwara Eliya | 29 | Rs 220M |
|---|
| Colombo | 29 | Rs 180M |
|---|
| Gampaha | 25 | Rs 125M |
|---|
| Kalutara | 20 | Rs 309M |
|---|
| Badulla | 19 | Rs 190M |
|---|
| Kandy | 16 | Rs 175M |
|---|
| Matara (this listing) | 10 | Rs 175M |
|---|
Where this segment is listed, and what each site’s sellers ask
| Site | Listings | Median |
|---|---|---|
194 | Rs 160M | |
27 | Rs 450M |
Share of listings in this segment · this listing’s value in bold
Seller
Tracked by Harimila since this ad first appeared
The same seller has 188 other active listings on Harimila.
No price changes since Harimila started tracking this ad.
