# HIRIKETIYA – ELEVATED OCEAN-VIEW INVESTMENT PROPERTY ### **70 Perches | Nilwella Road, Dikwella | Hiriketiya** **A rare development opportunity in one of Sri Lanka’s emerging coastal tourism destinations.** Located on **Nilwella Road, Dikwella**, this approximately **70-perch elevated property** offers an attractive combination of **elevated land, blue-ocean views, existing structures, direct road access and public beach access**. The property enjoys a beautiful **over-the-trees view of the blue Indian Ocean**, creating strong potential for a premium hospitality or private residential development. ### KEY INVESTMENT FEATURES * **Approximately 70 perches of elevated land** * **Open blue-ocean view over the surrounding trees** * Existing **old house**, providing potential for renovation, redevelopment or replacement * **Direct access from the main road** * **Public beach access from the property** * Approximately **5 minutes to Hiriketiya’s popular tourism and lifestyle hub** * Surrounded by **tourist hotels, villas and holiday accommodation** * **Water and electricity available** * **Certified survey plan available** * Attractive natural elevation suitable for maximizing **sea views, privacy and ventilation** ### DEVELOPMENT POTENTIAL The combination of **land size, elevation, ocean outlook and proximity to Hiriketiya** creates several potential investment strategies: **1. Boutique Villa Development** Develop a small collection of high-end private villas or suites designed around the ocean view, tropical landscape and privacy. **2. Luxury Private Villa / Holiday Home** Create a premium residence targeting international buyers, long-stay visitors or luxury holiday rental demand. **3. Boutique Hotel / Guesthouse** The surrounding tourism environment provides an opportunity to develop a carefully positioned boutique hospitality property. **4. Wellness / Retreat Concept** The elevated setting, greenery, ocean outlook and proximity to Hiriketiya make the land potentially suitable for a boutique wellness, yoga or lifestyle retreat concept. ### WHY THIS PROPERTY IS INTERESTING TO AN INVESTOR Hiriketiya has developed into a recognised coastal tourism and accommodation destination, with a growing concentration of villas, hotels, restaurants and lifestyle businesses. Current accommodation listings in the area demonstrate continued demand for properties offering beach proximity, views and villa-style accommodation. This property offers something particularly valuable for a development project: **LAND + ELEVATION + OCEAN VIEW + BEACH ACCESS + TOURISM LOCATION.** Rather than purchasing an established hotel at an existing operating value, an investor could have the opportunity to **create a new hospitality product specifically designed around the site's natural advantages.** ### INVESTMENT POSITIONING **An opportunity to acquire a substantial elevated landholding within the Hiriketiya tourism catchment, with the potential to create a distinctive ocean-view hospitality, villa or lifestyle development.** **Price:** Available on request **Viewing:** By prior arrangement Contact our strategic real estate advisor.