Deed of Transfer Completed for Blue Ocean’s King Alfred Palace, Colombo 03

Blue Ocean Group, a prominent name in Sri Lanka’s real estate industry, announces the successful completion of the Deed of Transfer for its King Alfred Palace development. Located at No. 45, Alfred House Gardens, Colombo 03, this property seamlessly blends modern luxury with the prestige of one of Colombo’s most sought-after neighborhoods.

The King Alfred Palace marks a key achievement for Blue Ocean Group, which has completed over 235 projects and delivered 3,500 luxury units across 20 prime locations. Known for its high-quality construction, innovative design, and strategic site selection, the Group continues to attract homeowners and investors seeking properties in Sri Lanka’s most desirable areas.

Despite economic and global challenges, Blue Ocean Group has maintained its reputation for delivering properties built to the highest international standards. The King Alfred Palace is no exception, offering residents contemporary design, premium finishes, and a central location in the heart of Colombo.

Blue Ocean Chairman Thumilan Sivarajah said, “The Deed of Transfer completion for King Alfred Palace is an exciting step forward for us and our valued clients. Our aim is to deliver quality properties that cater to both homeowners and investors.”

King Alfred Palace offers strong investment potential, with rental incomes in this location averaging between Rs. 300,000 and Rs. 400,000 per month. Its central position in Colombo ensures high demand, making it an excellent choice for generating consistent returns. Additionally, properties developed by Blue Ocean Group have shown steady appreciation over time, offering security and long-term value for investors.

Many clients have also successfully used Blue Ocean apartments for short-term rental opportunities through platforms like Booking.com, which highlights the versatility and financial benefits of investing in these properties.

Blue Ocean Group invites potential buyers and investors to explore the opportunities available at King Alfred Palace and its other premium developments. With a history of delivering outstanding results in Sri Lanka’s real estate market, the Group continues to create projects that meet the needs of modern lifestyles while offering strong financial returns.

For enquiries, visit the Blue Ocean Group’s website or contact the sales team directly.