Monthly Archive for November, 2023

Property/ Investments

Real estate is alive and well on Sri Lanka……….

Friday, 24th November 2023
Source : Bill Barnett
Last week, I made my first post-pandemic trip back to Sri Lanka, the trip was to look at the latest trends in the property and tourism sectors.
The country remains a personal favorite, despite its many up and downs over the past 30 or so years.
There is little doubt the prolonged political crisis has spurred an outbound migration of many talented hospitality professionals and entrepreneurs.
With elections coming next year, the path forward is unknown. But there is a mounting return of tourists especially to the Southern Coast.
I met up with longtime tourism personality Jack Eden who runs the respected Eden Villas out of Galle. For luxury rentals, 2023 has seen sustained demand in the South. Some of the notable markets are Europe, Russia, and the Middle East.
While viewing the upcoming winter season through March, many properties are booked out.
While Russians have yet to be major property developers, they are renting and becoming a strong long-stay market. Sri Lanka now has pushed out the 30-day visas for Russians to 180 days (6 months). Another option is a one-year business visa.
The South Beach areas are becoming popular for small-scale investment for Eastern Europeans especially Hikkaduwa and emerging areas past Galle.
Walking around Galle Fort, the vibe has continued to improve, and even some new boutique hotels such as The Charleston. Some old icons such as Sun House in the hills above Galle are just reopening under new management.
A new band of part-time and full-time overseas residents is now growing from Unawatuna through Ahangama to Welligama. These are not only Russians but a wide variety of nationalities. Heading further to Hiriketiya and beyond is seeing new investors in the area.
I was able to meet up with Lanka Real Estate’s Buddhima Perera to talk about luxury villa sales. There have been a few notable trades along the coast at the USD5 million dollar level.

Some investors are now looking past the South to the
East Coast to Arugam Bay and more remote areas.
These are no longer just about seasonal surf but about nature and long endless beaches.

While Sri Lanka’s risk profile for investment has some uncertainty, where in the world does not these days? The visa regime of business and retirement visas is positive, despite high bank interest rates.
For those looking for an amazing place under the sun in Asia, Sri Lanka’s South Coast remains a strong contender. If you haven’t visited lately, my advice is to get there soon.
Bill Barnett, Hospitality & Real Estate Advisor / Tech Entrepreneur / Sustainability Advocate / Writer & Managing Director, C9 Hotelworks Company Limited 9 Lagoon Road, Cherngtalay, Thalang, Phuket, 83110, Thailand (Office located at the entrance of Laguna Phuket) T: +66 (0)76 271 535 / F: +66 (0)76 271 536
source:
https://www.4hoteliers.com/news/story/24035

SLTB Pottuvil Depot upgraded

Masses appreciate Minister’s endeavour

New Direct to / from Airport Luxury Bus service (Arugam Bay) promised!

The upgrading of the SLTB Pottuvil sub-depot, which has been operating under the Akkaraipattu Depot since 2005, into a main depot was initiated by Transport, Highways and Mass Media Minister Dr. Bandula Gunawardhana yesterday.

A large crowd was present to witness the occasion and appreciate the Ministers’ initiative to upgrade the SLTB Pottuvil sub-depot to a main depot, which was a long felt need.

The aim of this project is to further streamline and expand public passenger transport services by coordinating the Pottuvil and Arugambay tourism zones.

At a cost of Rs. 60 million, the construction work is to be done by the State Development and Construction Corporation operating under the Ministry of Transport and Highways.

Source:
https://www.dailynews.lk/2023/11/21/admin-catagories/breaking-news/245091/sltb-pottuvil-depot-upgraded/

Beautiful Places To Visit In Sri Lanka

From pristine beaches to rich cultural and archaeological wonders, these are some of the most beautiful places to visit in Sri Lanka.

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Arugam Bay

Prime surfer territory Arugam Bay is enticed with its laid-back vibe and magnificent surf.
It’s no surprise that during the surfing season, it transforms into a party town.
During the low-season, the town is a lot more mellow but is still lovely to explore.
Head to the southern end of the beach overrun with colourful wooden fishing boats and watch the fisher folk bring in their catch.
For the best view of the palm-fringed coastline climb up Elephant Rock.

Above is an extract from a larger Article:
https://www.travelandleisureasia.com/in/destinations/south-asia/beautiful-places-to-visit-in-sri-lanka/

5 Best Things to Do in Sri Lanka

Published on November 12, 2023

Sri Lanka, often referred to as the “Pearl of the Indian Ocean,” is a mesmerizing island nation that boasts a rich cultural heritage, stunning landscapes, and warm hospitality. From ancient temples to pristine beaches, Sri Lanka offers a diverse range of experiences for travelers seeking adventure, relaxation, and cultural immersion. Here are five must-try activities that will make your visit to Sri Lanka, especially if you are considering Sri Lanka Tour Packages From Ahmedabad, an unforgettable journey.

Explore the Cultural Triangle:

As you embark on your Sri Lanka tour packages from Ahmedabad or Bangalore, the Cultural Triangle beckons with its historical treasures. Discover ancient cities like Anuradhapura, Polonnaruwa, and the iconic Sigiriya rock fortress. Anuradhapura boasts well-preserved ruins, including ancient monasteries and a sacred Bodhi tree. Polonnaruwa, with its Gal Vihara and intricately carved Buddha statues, showcases the island’s rich heritage. Don’t miss the ascent to the top of Sigiriya for panoramic views and captivating frescoes.

Safari in Yala National Park:

Nature enthusiasts will find Yala National Park to be a highlight of their Sri Lanka tour. Whether you’re starting a  Bangalore to Sri Lanka trip , a safari in Yala promises encounters with Sri Lanka’s diverse wildlife, including the elusive Sri Lankan leopard. Witness elephants, sloth bears, crocodiles, and an array of bird species in their natural habitat. Both morning and evening safaris offer unique perspectives on the park’s vibrant ecosystems.

Relax on Unspoiled Beaches:

No Sri Lanka tour is complete without indulging in the serenity of its pristine beaches. Whether you’re arriving from Bangalore or Ahmedabad, the golden shores of Bentota and the laid-back atmosphere of Mirissa await. Tangalle and
Arugam Bay offer secluded escapes, providing the perfect balance of relaxation and adventure.
Arugam Bay, a surfer’s paradise on the eastern coast, invites travelers to experience its vibrant surf culture
.

Tea Plantation Tour in Nuwara Eliya:

Transitioning from the tropical climate of Sri Lanka to the cool hills of Nuwara Eliya is a unique aspect of your journey, especially if you’re starting from Bangalore or Ahmedabad. Take a guided tour of a tea estate to learn about the art of tea production, surrounded by the picturesque landscapes of “Little England.” The misty weather, manicured tea gardens, and the chance to savor freshly brewed Ceylon tea make this experience truly special.

Visit the Sacred Temple of the Tooth Relic in Kandy:

Your Sri Lanka tour packages from Ahmedabad or Bangalore should include a visit to the sacred Temple of the Tooth Relic in Kandy. Nestled amidst hills and tea plantations, this temple houses a revered relic believed to be the tooth of Lord Buddha. Attend the evening ‘Puja’ ritual, where the relic is adorned with flowers and offerings, and immerse yourself in the cultural significance of this spiritual site.

In conclusion, as you plan your journey from Bangalore to Sri Lanka or opt for Sri Lanka tour packages from Ahmedabad, the island nation unfolds a tapestry of experiences. Whether exploring ancient ruins, encountering wildlife, lounging on pristine beaches, sipping tea in the highlands, or partaking in spiritual rituals, Sri Lanka promises a diverse and enriching adventure for every traveler.

source:
https://www.apnnews.com/5-best-things-to-do-in-sri-lanka-you-must-try/

Sri Lanka waives visa fees

By XU WEIWEI in Hong Kong and ARUNAVA DAS in Kolkata, India | China Daily Global | Updated: 2023-11-02 10:23

Tourists walk on the beach at sunset in Arugam Bay, Sri Lanka, on June 8. THILINA KALUTHOTAGE/GETTY IMAGES

Sri Lanka is set on the path of recovery by attracting more tourists, especially from Asia and Europe, after the authorities announced that visa-free entry will be issued to nationals from seven countries, said officials and industry insiders.

Currently, many Asian tourist destinations are vying with each other to revive their tourism industries, which had been battered by COVID-19, said Sumit Batabyal, director of the Kolkata-based Wandervogel Tours and Travels.

He said policy measures such as the visa-free entry “will certainly go a long way in bringing more revenue” for Sri Lanka, which is grappling with an “acute financial crisis”.

This year, its tourism industry aims to attract 2 million visitors, up from the previous target of 1.5 million.

Sri Lanka’s cabinet last week also approved a proposal to offer free visas for nationals from seven countries, according to Minister for Tourism and Lands Harin Fernando.

The plan, which will benefit tourists from India, China, Russia, Malaysia, Japan, Indonesia and Thailand, is a pilot project that will end on March 31 next year, he said on X, formerly Twitter.

Priantha Fernando, chairman of the Sri Lanka Tourism Development Authority, said the nation had just exceeded 1.1 million tourist arrivals in the first 10 months of 2023.

For Europe, the traditional markets have been the United Kingdom, Germany and France.

Priantha Fernando said the visa-free exemption plan is expected to increase arrivals from the three major markets “by 12 to 15 percent”.

“What we are trying to do is to start to experiment … to see how best we can increase the numbers from those markets,” he said.

‘Great stimulus’

He expressed his wish to see more Chinese tourists. “With Sri Lanka being listed among the 20 countries for Chinese travel, we plan to take advantage and increase the operations of air services between the countries.”

Rajiv Mehra, president of the Indian Association of Tour Operators, or IATO, described the timely move as “fantastic”.

“The waiver of visa fees will certainly serve as a great stimulus for tourists from India to Sri Lanka,” he said.

Priantha Fernando said Sri Lanka has it all within 65,000 square kilometers — sea, sun and sand, nature, wildlife, heritage, culture, wellness, marine tourism and friendly people.

“Sri Lanka is also a great place for adventure lovers, not only from India but also from around the world,” said Mehra, who is also the director of New Delhi-headquartered Uday Tours& Travel.

Xinhua contributed to this story.

Arunava Das is a freelance journalist for China Daily.