Dusit Thani announces 50% sell out on property
Dusit Thani Sri Lanka – Beachfront Balapitiya , the largest beachfront investment property announced the 50% sale of phase 1 at a press meet held in Colombo recently.
Speaking at the occasion Dusit Thani Sri Lanka – Beachfront Balapitiya ,Director Ajit Wijesinghe said, this is an investment property and because it is a tourism based one the return will be in dollars. Having secured the largest beach front property in the south They will attract the premier tourists once the property is completed. The Dusit Thani Balapitiya an integrated resort is the only property to own 12 acres of beach front land and 1 km of beach front land as well. When completed the resort will have 12 bars and restaurants and international beach club on 1 ½ acres of exclusive beach. It will be comparable to any world class beach club found in Dubai, Singapore, Thailand and Australia he said. It will be the only Beach front resort to have a convention centre capable of accommodating 1000 people.
Also speaking at the function Dusit Thani Sri Lanka – Beachfront Balapitiya ,Director and Owner Paul Drawer said, I have seen tourism grow in leaps and bounds especially after the end of the war. Also there isn’t much development in the south in this sector. We will have 560 rooms will be much in demand. We have also seen that a larger potion of the tourist head to the south for the beaches. This is why this venture will be a success.
Stage 2 includes a beautifully designed and landscaped beachside promenade providing a host of outstanding dining and entertaining choices consisting of Western, European and Asian inspired casual and fine dining restaurants, to barista cafes and patisseries, including the very best in champagne lounges, bespoke beer and whisky bars – all overlooking tropical gardens, serenaded by the waves and the ocean breezes.
The Beach Club will have state of the art architecture whilst highlighting the natural beauty of the beach which will ultimately become the go-to spot in the south of Sri Lanka. The operations of the Balapitiya Beach Club will be run by a world renown International Beach Club Operator, who will be announced in the coming months.
About DusitThani Sri Lanka, Beachfront Balapitiya
Dusit Thani Sri Lanka, Beachfront Balapitiya is Sri Lanka’s one & only luxury investment, high-rise, resort-style development. The 5-star property is designed by renowned Singaporean architectural firm Design Team 3 and managed by Thai hotel and apartment operators, Dusit International (www.dusit.com) – one of the world leaders in authentic Thai hospitality. The property will feature three stages consisting of a 24/7 concierge, luggage, security and valet services as well as a promenade featuring 15 international restaurants, bars & cafes, a luxury spa, sauna and gymnasium, 5 swimming pools (including a rooftop infinity pool), tennis court, multi-faith chapel and a 2500sqm convention centre.
The Beachfront, Balapitiya is located on a lush, tropical site featuring 1.2 kilometres of direct access to four pristine beaches on Sri Lanka’s famous West Coast between Bentota and Hikkaduwa. Available immediately is a limited release of luxury apartments now under construction. Guaranteed returns of 6% net p.a. for 5 years are offered for apartments managed by DusitThani. Returns are paid quarterly in US$ with no ongoing costs and the addition of huge capital gains potential. Advantages include 21 day free stay each year for owners. The Beachfront will become the ‘go to’ destination for luxury travellers in search of a luxurious, safe and extensively catered for beachside lifestyle.