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BACK TO PRESS Apr 3, 2018

Beachfront mixed development project in Talpe

The investors of Serenia Residences, a Rs. 2 billion mixed development project in Talpe, lured potential high-net-worth individuals (HNWI) at an exclusive presentation of the development project in Colombo last week.

The project offers 47 beachfront, luxury residences located in Talpe, Galle along the ‘Million Dollar Golden Mile’ along with two towers of G+8 and G+9 each. The construction work will begin in June 2018.

Its architecture firm is ‘designstudio’, while Acquest (Private) Limited is the sales and marketing partner.

Addressing the gathering were Dilshan Kodituwakku, Executive Director - Serenia Limited, Sabina Karunanayake, Co-Founder/ Executive Director of Strategic Design and Marketing, Serenia Limited and Chandaka de Soysa, CEO / Director – Acquest (Private) Limited, who spoke on the various aspects of Serenia residences.

“As an owner of Serenia Residences, you will also have the unique opportunity to place your luxury residence in Serenia’s Managed Rental Program, which will provide a 8-11.5% US $ p.a. return. Unlike timeshares we do not have strict occupation time periods or blackout periods and one is at liberty to live here at Serenia as long as you wish, a further advantage of being part of the exclusive Serenia family,” said Karunanayake.

Freehold title for both Sri Lankans and foreigners alike, as well as up to 70% financing from Nations Trust Bank (NTB), are just some of the advantages being offered to prospective owners of Serenia, while the emphasis is on an exceptional union of artistic inspiration and modern smart home technology in a setting that is unquestionably the most exclusive and sought-after beachfront location in Sri Lanka. As a BOI company, Serenia offer their residents a host of privileges which include allocated car parking, plunge pools in selected residences, smart key and home systems, luxury designer European kitchens with built-in appliances, floor-to-ceiling double glazed windows, oversized glass enclosed rain showers, an outdoor cinema, outdoor yoga studio, kid’s play area with day care, carwash facilities, a library, an oceanfront deck and spacious private cabanas, beach concierge services, 24-hour attended lobby, 24-hour valet parking services, Italian tile or wood flooring and many other facilities and amenities.

Source: http://www.sundayobserver.lk/2018/03/25/business/investors-lure-hnwis