Mirissa Y Hotel from $79,000

Foreign nationals can legally own apartments in Sri Lanka under condominium law. The process typically takes 4-6 weeks and includes title verification, sales agreement, and registration. Legal fees are approximately 1-2% of the property value. We recommend working with our partner law firms, but you're welcome to bring your own legal counsel.

Our in-house property management team handles all aspects: guest bookings, maintenance, cleaning, and 24/7 guest support. You'll receive monthly financial reports with detailed income breakdown, occupancy statistics, and expense tracking via our owner portal. Management fee is 25% of gross rental income.

This is our flagship project in Mirissa, developed in partnership with experienced local construction firms. Our team brings 10+ years of real estate investment experience from international markets. The Mirissa 50 Apartments project represents the beginning of our Sri Lanka portfolio.

Based on market analysis and comparable properties in Mirissa, we project 10-16% annual ROI from rental income. While returns are not guaranteed, Mirissa's growing tourism industry and limited beachfront supply support strong rental demand. Exit strategy options offer potential 50-70% capital appreciation by project completion.

We offer flexible payment plans: 30% deposit at booking, 40% during construction phases, and 30% upon completion. Bank transfers in USD, EUR, or LKR are accepted. Escrow accounts ensure your funds are protected until project milestones are achieved.

Absolutely! We encourage site visits and offer complimentary airport pickup from Colombo or Mattala. Our team will provide a full tour of the construction site, show you comparable completed properties in the area, and introduce you to the local investment landscape. Virtual tours are also available.