Unnamed Road, Tangalle, Southern Province

Kristall Spaces is delighted to introduce a brand new condominium project in a paradise setting on the pristine Madilla beach in Tangalle. Construction starts Q4 2024. We are selling 36 apartments over 9 floors with 2 and 3 bedrooms and 180-degree views to the South over the Indian Ocean and to the North over the Rekhawa lagoon. These wonderful 2-bedroom apartments start at 118 million Sri Lankan Rupees or 396, 558.23USD for 1, 370 square feet or 127.28 square metres. Prices include 1 parking space and exclude moveable furniture. For a 3-bedroom apartment, the price starts at 187 million Sri Lankan Rupees or 628, 443.98 USD for 2, 210 square feet or 205.32 square metres. Prices include 1 parking space and exclude moveable furniture. Highlights: Crafted for those with discerning tastes Graciously spaced three bedroom residences High standards of quality and design 24-hour security Boasting 2, 000 + Sq. Ft. Floor-to-ceiling glass windows throughout 10-foot ceiling heights All residences feature both lagoon and sea views Impeccably finished open kitchens with centre islands and high-end appliances Wooden flooring and double-glazed windows throughout Select residences with private plunge pools Ground Level: Lobby & Lounge Entrance reception Dedicated concierge and butler service Round-the-clock security Outdoor BBQ area Rooftop Infinity: Sunset Infinity pool overlooking the Indian Ocean Cigar Lounge and Bar Games Gallery and Lounge Fitness Centre overlooking the evergreen lagoon There is an option to have your apartment fully or partially rented out and earn up to a 10% ROI by the third year of operation, starting at around 7% in year 1. These are estimates provided by the operator and not guarantees. Capital growth of 10 to 15% is also predicted in this location. Purchase process: buyers pay a deposit of 30% in the first 2 months and 10% at handover with 70% spread across stage payments in between. Tangalle, a stunning stretch of Sri Lankas southern coastline often overlooked by tourists, is a hidden gem with perfect golden sands and swaying coconut palms framing its exquisite beach in a picture-perfect scene. In many ways, this makes it a smart investment right now as the area will become more developed over time. This striking beach boasts some wonderful hotels across all price ranges, yet retains its traditional fishing village charm and atmosphere.