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Serene Riverfront Isle Close to the Beach

Galle
Rs. 120,000,000  ($ 600,000)

Overview

Property Type
Bare Land
Area of land
7 acres
Availability
Available now
Offered for
Sale
Shape of land
Square

Property Details

This 7-acre mixed plantation is probably one of the best riverfront properties available on the market at the moment. You'll find this unique cinnamon and coconut estate nestled in a coastal village among tropical holts away from the hustle and bustle of the city yet within a 5-minute easy drive to the beach. On this luxuriant estate, you'll find cinnamon and coconut, two of the major export crops in Sri Lanka planted sedulously and skillfully by the local planter who owns the estate. The fresh and revitalized river breeze that flows into the estate because of the adjacent river is a marvelous experience for any visitor who comes to the estate. The extraordinary peacefulness that makes this property ideal for a tropical respite for travelers who visit this magical island.

In the 16th century, spices were among one of the few reasons for the invaders to conquer the small island of Ceylon. True Ceylon Cinnamon is like the king of those Ceylonese Spices, as this unique variety is only grown in Sri Lanka, which has an amazing flavor and some health benefits compared to widely available Cassia Cinnamon. About 80% of the estate is covered with thickly grown cinnamon trees, while 20% comprises nut-bearing tall coconut trees. The cinnamon yield of the estate is around 3000kg annually which has a market price of around Rs.90 million at the moment. And, the coconut harvest of 14000 coconuts gives the estate an income of Rs.750, 000 yearly. Even as a plantation investment the property is ideal.

We highly endorse this estate to develop a luxury villa development project overlooking the river and amidst the ultra tranquility that anyone can experience on this amazing piece of paradise.

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Property Rates in Galle

88%
This property is 88% less than the market average price Per Perch.
Average Sale Price is Rs. 881,718 Per Perch.
579.9% Price increased compared to last year

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Contact Advertiser

South Lanka Realty Agent
Shantha : 94-777507207
Office : 94-912224455

This advertiser has been advertising with us for 6 years

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Important information : This ad has been posted on LankaPropertyWeb.com by the above mentioned advertiser. LankaPropertyWeb.com does not have any connection with this advertiser, nor do we vet the advertisers, guarantee their services, responsible for the accuracy of the ad's content or are responsible for services provided by the advertisers. LankaPropertyWeb.com does not provide any service other than list the advertisements posted by advertisers. You will be contacting the advertiser (owner/agent) of this property directly. We advise you to take precaution when making any payments or signing any agreements and be alert of any possible scams. If making any payments we recommend that you have two permanent & verified methods of contact of the payment receiver such as their landline number and home/business address.

Posted/Edited: 233 days ago REPORT THIS AD

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South Lanka Realty Agent

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