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DusitThani Sri Lanka, Beachfront Balapitiya hosted a unique event to showcase its investment opportunities on the beautiful West Coast of Sri Lanka with the all-time favorite Australian cricketer Steve Waugh.
The event was held at Sydney Cricket Ground, exclusively for anelite group of people comprising of Australian citizens and Sri Lankan expatriates. Steve Waugh endorsed DusitThani Beachfront Balapitiya expressing his belief in this project.
Ajit Wijesinghe and Paul Dwyer, Directors of Indola Group, the Developer of the DusitThani Sri Lanka Balapitiya project,addressed the crowd. This event provided a great opportunity for Australian citizens to invest in Sri Lanka, encouraging foreign direct investments to Sri Lankan economy.
It was a successful event with attendees showingkeen interestin the projectwhere they gain remarkable benefits. Investment apartments is a popular concept amongst Australians and they were delighted with the great opportunity to invest in ocean view apartments managed by a 5-star luxury brand.
The Beachfront Balapitiya is the one & only high-rise luxury beachfront apartments that foreigners can legally buy in Sri Lanka. Investors receive a freehold title and guaranteed returns of 6% nett per annum for a period of 5 years that is paid quarterly in US$.There is the potential of approximately 30% in capital gains over two years and no on-going costs at all.
It offers162 apartments, each featuring a large private balcony, 5-star designer interiors and stunning, uninterrupted ocean views with 1,2 or 3 bedrooms priced from US$ 244,000.The property will be erected in three stages commencing in March 2017. Stage 1 of the ‘The Beachfront’ consists of Tower A & B, out of which Tower B is already sold out. The stage 2 is a promenade featuring 15 international restaurants, bars & cafes, a spa, 2500sqm convention centre, tennis court, multi-faith chapel
and gymnasium.
The Beachfront is the only 5-star luxury development of its kind in Sri Lanka and it has four secluded beaches set on 500 meters of pristine beachfront. Ownersget an additional benefit of 21 nights free stay per year so they can enjoy their investment while it is increasing in value. This is very attractive for foreigners who can travel to Sri Lanka for a holiday with their families and find endless things to do around the safe and comfortable environment in Southern Sri Lanka.
The property is managed by DusitThani International which is a 5-star luxury hotel chain with an international portfolio of a range of distinctive destination hotels and apartments around the world, including 25 in Asia Pacific, the Middle East and Africa. This assures that the apartments will be best managed by DusitThani to grow its customer base and exceed
investor expectations.
Following the success of this event, the developer plans to hold a similar event in Melbourne in April 2017.