Postwar Tourism, Investment Opportunities and Economic Boom in Sri Lanka
LankaEstate.net is a registered real estate agent in Sri Lanka which has a database of hundreds of properties and land blocks that would help any would be inverter to start their large scale investments in the country.
The Island of Sri Lanka has been a tourism hot-spot for many years; but due to the civil war that shook the nation into anarchy and chaos, the serene beauty and cultural diversity was lost and long forgotten by the world. But today, since cessation of hostilities in August 2009 peace has once again returned to the island, which was once ravaged by a ruthless armed conflict. Post war Sri Lanka has now become a treasure-trove of opportunities for would-be investors, not only in real-estate, but also in other forms like tourism, new cultural experiences and historic attractions.
Tourism is is still one of the major international revenue generators for the country. President Mahinda Rajapaksa’s government has made tourism’s revival a core of his plans to renew Sri Lanka, which for decades was a prime destination because of its famed tourist destinations, with its golden beaches, misty mountains natural rain-forest, ancient temples and festivals of immense historical and cultural value.
Because of the abundance of tourist attractions, the need of tourist hotels and villas is at an all-time high. It is for this reason that most investors prefer to invest in real-estate for construction of hotels and villas or in hotels and villas that are already available across the country, within the immediate vicinity of tourist hot-spots like Beaches, Wildlife parks etc. The Galle Fort House holiday villa, located within the Historical Galle Fort, and Victoria Villa, a luxurious villa located just a few minutes away from the Unawatuna beach, are examples for these.
The virgin territory of the recently liberated in the north and east also provide ample opportunities for tourism housing and infrastructure which plays a major role in the tourism industry. For example, The Nilaweli Beach, which was renowned as one of the best found in Sri Lanka was long forgotten, but with the help of tourism and investors, it can once again become a hub for tourists. Sri Lanka government has expressed there full support for any would be inverter who wishes to take part in the development of the country and carrying out infrastructure development all over the country.
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