Beachfront plot near Kalpitiya

$300,000

place Mukkuthoduwawa, Kalpitiya

size 290 perch (1.8 acres)

Exceptionally well positioned, rectangular beach land with 330 feet of beach frontage. Extending to 1.8 acres, the plot is situated on the North West coast of Sri Lanka in a small fishing village called Mukkuthoduwawa, close to the popular tourist resort of Kalpitiya.

This is a beautiful plot with mature coconut trees and stunning views over the Indian Ocean and its breathtaking sunsets. The beach is a golden sandy beach with over 300 feet from the sea to the land.

The land is for sale with a rare opportunity purchase a Madel fishing licence which covers the fishing rights in front of the land and which can generate significant income during the fishing season. Madel fishing is said to be the oldest method of fishing in Sri Lanka using extremely long nets which are spread in the ocean from a boat and then dragged ashore by dozens of men. It is a spectacular and colourful sight which many tourists come to see and photograph. The licence is issued by the Department of Fisheries and only people who own the licence can catch fish in the sea within the demarcated lines. Licence ownership is normally passed within the family members; hence it is very rare for a licence to come up for sale.Furthermore, there are three boats and three boat licences included part of the sale.

The land is also easily accessible for dolphin and whale watching, and on some days dolphins are visible from the shore.

This is an excellent investment opportunity covering a combination of tourism and commercial projects – fishing, dolphin and whale watching and hotel or resort development subject to relevant authority approval.

The Title Deed is 100% clean, proven and tested, and it is possible to obtain a title insurance on the land if required. With established clean and clearly defined boundaries it is ready to purchase immediately. The property is owned within a company structure to help ensure a smooth, secure purchase and so that any development works or commercial business activity can begin quickly.