Serene Riverfront Isle Close to the Beach

$600,000

Ambalangoda

Property Type: Riverfront
28,000

Description

This 7-acre mixed plantation is probably one of the best riverfront properties available on the market at the moment. You’ll find this unique cinnamon and coconut estate nestled in a coastal village among tropical holts away from the hustle and bustle of the city yet within a 5-minute easy drive to the beach. On this luxuriant estate, you’ll find cinnamon and coconut, two of the major export crops in Sri Lanka planted sedulously and skillfully by the local planter who owns the estate. The fresh and revitalized river breeze that flows into the estate because of the adjacent river is a marvelous experience for any visitor who comes to the estate. The extraordinary peacefulness that makes this property ideal for a tropical respite for travelers who visit this magical island.

In the 16th century, spices were among one of the few reasons for the invaders to conquer the small island of Ceylon. True Ceylon Cinnamon is like the king of those Ceylonese Spices, as this unique variety is only grown in Sri Lanka, which has an amazing flavor and some health benefits compared to widely available Cassia Cinnamon. About 80% of the estate is covered with thickly grown cinnamon trees, while 20% comprises nut-bearing tall coconut trees. The cinnamon yield of the estate is around 3000kg annually which has a market price of around Rs.90 million at the moment. And, the coconut harvest of 14000 coconuts gives the estate an income of Rs.750, 000 yearly. Even as a plantation investment the property is ideal.

We highly endorse this estate to develop a luxury villa development project overlooking the river and amidst the ultra tranquility that anyone can experience on this amazing piece of paradise.

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