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driven tourism appeal
# DEVINUWARA LIGHTHOUSE ROAD ## **Oceanfront Airbnb Investment Property – Directly Facing Dragon Mouth Beach** ### **A Rare Coastal Investment with an Established Airbnb Operation** An exceptional **single-storey ocean-view property** located on **Devinuwara Lighthouse Road**, directly facing the spectacular **Dragon Mouth Beach**. Currently operated as an **Airbnb property**, this is an opportunity to acquire a coastal property with an existing tourism-use profile, while retaining the potential for further enhancement and repositioning. ### KEY INVESTMENT FEATURES * **Directly facing Dragon Mouth Beach** * Exceptional **uninterrupted ocean and beach outlook** * **Single-storey property** with a beautiful beach-facing setting * Currently operating as an **Airbnb** * **Devinuwara Lighthouse directly overlooks the property garden**, creating a distinctive visual feature * **Foreign-owned bungalow immediately next door**, adding to the established international residential/tourism character of the location * **Direct road access** * **Walking distance to Devinuwara town** * Approximately **10 minutes' drive to Hiriketiya Beach** * The coastal frontage is protected by **large natural sea stones**, providing substantial protection against direct wave impact * Established tourism and residential environment ### WHY THIS PROPERTY IS ATTRACTIVE TO AN INVESTOR The property's strongest advantage is its **location-driven tourism appeal**. It combines several elements that are difficult to reproduce in a new development: **BEACHFRONT SETTING + LIGHTHOUSE VIEW + EXISTING AIRBNB USE + ROAD ACCESS + TOWN PROXIMITY** The existing Airbnb operation also provides an opportunity for an investor to continue the current business model, improve the accommodation product, strengthen online marketing and potentially increase revenue through better positioning and guest experience. ### POTENTIAL INVESTMENT STRATEGIES **1. Continue & Optimise Airbnb Operation** Maintain the existing accommodation business while improving interiors, landscaping, photography, digital marketing and guest services. **2. Premium Coastal Holiday Home** Position the property as a private oceanfront holiday residence targeting international visitors and long-stay guests. **3. Boutique Hospitality Concept** Subject to planning and regulatory approvals, the property could potentially be repositioned as a distinctive small-scale coastal hospitality product. **4. Lifestyle Investment** For an investor seeking both personal use and income potential, the property can provide a coastal residence while generating tourism income when not personally occupied. ### LOCATION ADVANTAGE The property sits within a growing southern coastal tourism corridor, with **Devinuwara, Dondra, Dickwella and Hiriketiya** all accessible from the location. Its **walking-distance access to Devinuwara town** provides practical convenience, while the short drive to **Hiriketiya Beach** connects the property to one of the South Coast's established tourism and lifestyle destinations. ### INVESTMENT POSITIONING **A rare opportunity to acquire an operating coastal accommodation property directly facing Dragon Mouth Beach, with a unique lighthouse outlook and immediate access to the road and Devinuwara town.** The property's existing Airbnb operation offers an **income-generating starting point**, while its beachfront setting provides potential for **long-term capital appreciation and future repositioning**, subject to appropriate due diligence and approvals. ### INVESTOR DUE DILIGENCE Before acquisition, an investor should independently verify: * Title and ownership * Certified survey plan and boundaries * Airbnb/short-term rental operating records * Historical occupancy and revenue * Utility and operating costs * Road access * Coastal-zone and development regulations * Building approvals * Existing coastal protection arrangements * Any applicable environmental or setback requirements **Price:** Available on request **Viewing:** By prior arrangement **For more information, contact your Strategic Real Estate Advisor.**
lankapropertyweb.comPosted 4 wk. ago
Rs 70,000,000
Fixed price
Opens the original ad on lankapropertyweb.com
Exact address shared by the seller on request
Houses for sale in Matara · last 30 days
Floor area
Larger than 82%
3,800 sqft · median 2,450
Price per sqft
Rs 18,421
median Rs 15,079 / sqft
12 4–6 bedroom houses for sale in Matara
16 priced Houses for sale in Matara · tap a dot to open it
Houses for sale in Matara · last 30 days
Median asking price · 7-day rolling
New listings per day · 17 in 30 days
This listing’s group: 5 bed, median Rs 33.5M
| 3 bed | Rs 22,250,000 | 6 listings |
|---|---|---|
| 4 bed | Rs 41,800,000 | 4 listings |
| 5 bed | Rs 33,500,000 | 2 listings |
| 6+ bed | Rs 70,000,000 | 5 listings |
Houses for sale across Sri Lanka
| District | Listings | Median |
|---|---|---|
| Colombo |
Closest matches by type, area and price
Listed on lankapropertyweb.com
Ad 5962853 · checked 20h ago
We show a summary and link to the original ad. Seller contact details stay on lankapropertyweb.com. We never store them.
This listing: Rs 70,000,000 at 3,800 sqft. Typical price ranges from Rs 27,898,926 to Rs 53,271,153.
| Rs 50M |
| Gampaha | 1,206 | Rs 36M |
|---|
| Kalutara | 189 | Rs 25M |
|---|
| Kandy | 109 | Rs 62.5M |
|---|
| Galle | 38 | Rs 47.5M |
|---|
| Badulla | 35 | Rs 34M |
|---|
| Kurunegala | 29 | Rs 28.8M |
|---|
| Matara (this listing) | 17 | Rs 34M |
|---|
Where this segment is listed, and what each site’s sellers ask
| Site | Listings | Median |
|---|---|---|
13 | Rs 32M | |
4 | Rs 49M |
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 13 other active listings on Harimila.
No price changes since Harimila started tracking this ad.