The development, due to be completed in 2023, includes 106 one, two, and four-bedroom apartments with freehold prices starting from $150,000 USD for a limited period.
LONDON – Balmond Studio unveils their latest project, the stunning new beach front residential development Southbeach Weligama, Sri Lanka which has now launched for sale globally.
The development, due to be completed in 2023, includes 106 one, two, and four-bedroom apartments with freehold prices starting from $150,000 USD for a limited period. This, coupled with direct airlinks to European, Central and East Asian markets, provides international buyers with a unique investment opportunity, like those seen in Thailand before its boom. Sri Lanka is fast becoming a must-visit global destination, and Weligama town has already seen its beach front land value increase by 84% since 2016.
This exciting project brings a new offering to Weligama; with lifestyle-led residences that include state-of-the-art amenities such as a restaurant, poolside bar, gym, 35m swimming pool, an art gallery and a music room; providing a five-star hotel experience at a more long-term affordable price. Weligama is also home to one of Sri Lanka’s few swim-friendly beaches, with a sea that attracts surfers who are seeking exciting new breaks. When you invest in a property at Weligama, you are investing in breakfast by the pool with the turquoise Indian Ocean for company, afternoons spent surfing and snorkelling off catamarans, and evenings watching the sunset from the Southbeach Weligama bar.
Designed by Balmond Studio, who are entering an exciting new chapter of ground-breaking design in Sri Lanka, these luxurious residences are set to become one of Sri Lanka’s most exciting new addresses. Distilling years of experience into the design, the apartments feature high ceilings and floor-to-ceiling windows, with oxidised copper façades and balconies with blue-green glass to perfectly complement the colours of the ocean and coconut trees which are just a stone’s throw away. Southbeach Weligama reflects a celebration of a new ‘young and vibrant’ Sri Lanka, encapsulating the trend for modern coastal living and inspired by local artisans: ‘Design led; Sri Lanka inspired’.
At the forefront of Southbeach Weligama is a philosophy of sustainability supported by Balmond Studio Colombo’s Managing Director, John Balmond, a dedicated committee member of the Lanka Environment Fund (LEF), who work with local communities to provide them with the education and tools needed to bring about long-term ecological change. With this commitment to sustainability in mind, for every apartment sold Southbeach Weligama will donate $1,000 to the LEF, while the development also aims to meet the Platinum requirements of the Green Building Council of Sri Lanka. Prioritising the synergy between renewable energy and design, Southbeach Weligama will use turbines and solar panels to power the lobby and restaurant areas while rainwater harvesting systems will be utilised to conserve water. The cornerstone of Balmond Studio’s ethos is to empower local communities by using local produce in the restaurant and furnishing the apartments with pieces crafted by Sri Lankan artisans.
John Balmond, Managing Director Balmond Studio Colombo commented, “We are incredibly excited about the Southbeach Weligama project, as it marks the beginning of a new phase in Balmond Studio’s growth as specialists in modern lifestyle design. We want to use this platform to shine a spotlight on the excellence of Sri Lankan craftmanship, all the furniture will be made by local artisans. Community also lies at the heart of everything we do, and we believe that involves helping local communities to prosper.”
Balmond Studio is responsible for the design of Gal Oya Lodge, a unique ecolodge in the heart of one of Sri Lanka’s most remote wilderness areas, while also acting as architectural consultants for Port City Colombo a brand-new development with the vision of building a world-class city in South Asia. Creating the Port City Colombo sales gallery, Balmond Studio designed the building in a unique octagonal structure to represent it’s commitment to modern architectural design in Sri Lanka
Balmond Studio also helped develop Cinnamon Life, a 4.5 million sq. ft integrated mixed-use development and Sri Lanka’s largest single private investment. Designed to transform the social, cultural, and architectural paradigms of Sri Lanka, the project is a perfect urban sanctuary right in the heart of Colombo, offering luxury apartments featuring a blend of contemporary comfort and stylish sophistication.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
