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Ranna

There are few places in the world that allow
you to feel at one with nature but Ranna must
surely rate as one such place. With pure white
virgin sand contrasting with deep blue sea,
the environment is so unspoilt that turtles still
come to lay their eggs on the beach.
This is partly due to the lack of people on the beach,
as after reaching this site you can walk no further
your progress being blocked by a large lagoon.

So, with no tourists just locals cycling to local markets
and fisherman tending to their nets, this is a real place
where you can unwind, relax and contemplate.
The development is exclusive with only 28 luxury
beach villas being built and at a price that in Europe
would only buy you the smallest of apartments
in one of the worst developments. A communal
swimming pool allows you the option of swimming
in the sea or lounging by the pool and all the villas
can have their own hot tub added at minimal cost.

Just 10 kilometres along the road lies the village of Tangalle, the site of the new Amanwella hotel which is the latest luxury hotel from the Aman Group with room rates starting at US$600 per night. The property is situated on the best part of Kalametiya beach in the Hambantota district and close to the Kalametiya bird sanctuary and en route to the Yala National Park. With antique shops close by full of Dutch ebony furniture, the rolling hills full of tea plantations a short distance away and the Maldives just 30 minutes by air Ranna really is a great place from which to explore the surrounding country. Fly direct to Sri Lanka from the UK on Air Lanka which is owned by Emirates, one of the world’s leading airlines.

Ranna is a development of 28 land plots of between 7 and 10 perches. There are 160 perches per acre and 65% of the area can be built on.

You are free to construct and design your own Villa. With each plot purchased a free villa design service is included from the Sri Lankan developers Aspic PLC.

*For the purpose of budgeting, around US$50 per square foot should be allowed for building costs. The Sri Lankan developers Aspic PLC can take charge of your entire project; however, you are free to employ your own builders if you so desire.

*Prices guaranteed until 30th December 2006

Costs

20% Management fee (if you opt for our management service) of US$5,832 + Annual Service Charge of £500 (US$873.95)

Discover the Opportunity

Annual Return 29.82% and free
use of villa for 122 days

2Illustration shows the most cost effective villa with a land cost of £8,750 and an occupancy rate of 243 nights a year and a room rate of US$120 per night and therefore assumes a conversion rate of *£1 GBP = $1.74 or $1 = £0.57

*(Conversion rate used correct as of 22nd March 2006)
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Service Charge

There is a service charge payable of £500 per annum, this is guaranteed not to rise until 2011 and even then any increase will never be higher than 8% per annum.