South Beach Weligama Properties has officially inked an agreement with the Board of Investment (BOI) for the construction of 106 luxurious apartment complexes along the stunning beachfront.
The real estate venture comes with a substantial investment of U$ 4.15 million.
This beachfront project aims to cater to both local and international property seekers, with a particular focus on attracting interest from the US, the UK, Australia, and Indian markets. The strategic location of these apartments promises residents a picturesque view coupled with high-end amenities.
The agreement signals not only a boost for the local real estate sector but also a potential economic upturn for Weligama. As construction gears up, anticipation grows among investors and future residents alike, eager to witness the transformation of the coastal landscape into a premier destination for luxury living.
South Beach Weligama Properties expresses confidence in the partnership with BOI and envisions this project as a flagship development that will contribute to the growth of the region's tourism and real estate sectors.
