Find the land
Location, location, location
At the very start, when I was messaging everyone and looking for any way into Sri Lanka, I came across the website lankaplanet.com, wrote to them on WhatsApp and got no reply. When I started looking for land for a condominium, I wrote again with a specific request for a land search – and this time they answered. Recognised me as a client, so to speak🙈. Behind the site is Victoria t.me/lankaplanet - she's been on the island for ten years, and her husband is a Sri Lankan.
Prices in the tourist areas in the south of the island:
- $4 to $6 million per hectare (about 4 million rubles per 100 m²) on the first line
- $2 to $3 million per hectare (about 2 million rubles per 100 m²) on the second
For comparison: in Phuket and Bali similar land costs 2–3 times more, not to mention Sochi😊
I was looking for something within 500 metres of the sea, from 0.3 ha, where a condominium could be built; the main requirement for a condominium is a 6-metre-wide road.
I looked at about 10 plots in Mirissa (in Mirissa because Victoria works mostly in Mirissa😜; it's one of the 5 main tourist hubs in the south, along with Unawatuna, Weligama, Hikkaduwa and Ahangama. Plus a few more plots along the coast that Artem showed me.
I could have looked at all of them), but I figured that since I'd found something I liked, it was better to make a decision and not agonise over the choice.
What a good location in Mirissa means
I settled on a 3,500 m² plot (148 perches ≈ 0.34 ha)
- it sits between the ocean (300 m) and a big lake (500 m)
- 1.5 km to Mirissa's main beach, the most hyped spot in the south of the island
- 500 metres from the Ritz-Carlton that's under construction - a neighbour that on its own lifts the status of the area for years ahead. An international brand doesn't go where there's no future traffic.
- right across from the beach where the turtles come ashore
- a palm grove and all the infrastructure nearby
I'm trying to learn to haggle, but so far my progress on that front isn't great. This time I decided not to even try, so as not to drag the process out.
In my view, being able to haggle is one of the signs of a successful businessman. But my brain protects me and says: you're an entrepreneur, not a businessman, no need to strain yourself, especially when you've found a good deal.
How do you feel about the art of haggling?
← All posts
Prices in the tourist areas in the south of the island:
- $4 to $6 million per hectare (about 4 million rubles per 100 m²) on the first line
- $2 to $3 million per hectare (about 2 million rubles per 100 m²) on the second
For comparison: in Phuket and Bali similar land costs 2–3 times more, not to mention Sochi😊
I was looking for something within 500 metres of the sea, from 0.3 ha, where a condominium could be built; the main requirement for a condominium is a 6-metre-wide road.
I looked at about 10 plots in Mirissa (in Mirissa because Victoria works mostly in Mirissa😜; it's one of the 5 main tourist hubs in the south, along with Unawatuna, Weligama, Hikkaduwa and Ahangama. Plus a few more plots along the coast that Artem showed me.
I could have looked at all of them), but I figured that since I'd found something I liked, it was better to make a decision and not agonise over the choice.
We liked you so much that we decided... to keep looking!
What a good location in Mirissa means
I settled on a 3,500 m² plot (148 perches ≈ 0.34 ha)
- it sits between the ocean (300 m) and a big lake (500 m)
- 1.5 km to Mirissa's main beach, the most hyped spot in the south of the island
- 500 metres from the Ritz-Carlton that's under construction - a neighbour that on its own lifts the status of the area for years ahead. An international brand doesn't go where there's no future traffic.
- right across from the beach where the turtles come ashore
- a palm grove and all the infrastructure nearby
I'm trying to learn to haggle, but so far my progress on that front isn't great. This time I decided not to even try, so as not to drag the process out.
In my view, being able to haggle is one of the signs of a successful businessman. But my brain protects me and says: you're an entrepreneur, not a businessman, no need to strain yourself, especially when you've found a good deal.
How do you feel about the art of haggling?