Sunday, March 18, 2018

Rs 2 bn investment for Acquest Serenia Residences in Galle

Images of Serenia Residences

Serenia Residences will build one of Sri Lanka’s most exclusive beachfront condominium engages, AcquestSerenia Residences in Talpe, Galle.

The project will, offers a premium collection of 47 perfectly handcrafted, beachfront, luxury residences located along the “Million Dollar Golden Mile”. The beachfront, residential development of which construction is due to commence in June 2018 have engaged Acquest (Private) Limited to market Serenia Residences.

Rs 2 bn investment for Acquest Serenia Residences in GalleThe project offers a private, beachfront, mixed development project, comprising of two towers of eight and nine floors each, located on 180 perches of land owned by Serenia Limited with approximately 100 meters of private beach frontage.

The advantages of being an owner of this prime real estate development are manifold and include freehold title for both Sri Lankans and foreigners alike, upto 70% financing from Nations Trust Bank (NTB), an 8 – 10% US$ residential rental programme, housekeeping and laundry services, 24-hour concierge and room service, a private lobby for residents along with valet parking.

The property also consists of ‘Getaway Spa’ and wellness centre, ‘Oceania’ - a signature seafood restaurant, Café Marina all day dining restaurant.

One of the most attractive features of this unique development is the rental scheme which will provide a minimum 40% return of the daily revenue. “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”, said Director, Serenia Limited - Sabina Karunanayake.

Acquest - Sri Lanka’s premier real estate services provider offers unmatched market knowledge and extensive industry experience. Over the past decade the company’s professional service and overall credibility have allowed them to establish a strong presence in the market, enabling them to build long term relationships with their client base.

In 2017 Acquest completed a total of 107 transactions within the apartment market and have brokered some of the largest commercial and residential transactions in Sri Lanka.

Architects, A-Design studio have curated Serenia Residencies incorporating 2 bedroom Residence Suites, 3 bedroom Sky Villas, Garden Villas where the owner step out into thier very own landscaped garden, while the Custom Penthouses styled across two floor.

Rs 2 bn investment for Acquest Serenia Residences in Galle

Serenia Residencies are available at a starting price of just over US $290,000.

Serenia Residences are due to be completed in December 2019, while the sales and purchase agreements can be signed with a a 15% deposit, with registration at the land registry immediately thereafter.

“Serenia is set to become the number one luxury, beachfront, boutique residential apartment brand in Sri Lanka and together with our partners a-designstudio, Access Projects, Acquest, Macon Associates and Nations Trust Bank, invite you to be a part of the very special world of resort inspired living that reaches beyond expectation”, said Sabina Karunanayake.

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