Overview of Hikkaduwa
The beauty of the nature, blue oceans and the relaxing life style makes Hikkaduwa a popular travel destination among the travelers.
From this articles, you can understand why you should buy a land in Hikkaduwa while having a thorough understanding about its geographic locations, natural attractions, tourism and real estate industry.
Geographic Location
The location of this city is convenient for anyone traveling through major cities as it falls through the Southern Express highways. Hikkaduwa Lake adds value to the biodiversity of the area blending with lagoons and fresh water. It attracts tourists from all over the world making it an ideal location for adventure and being relaxed.
On the other side, Hikkaduwa is graced by the presence of two eye-catching and significant lakes which are Hikkaduwa Lake and Rathgama Lake bringing its colorfulness into the city. Both blend seamlessly with the town’s lagoon characteristics and coastal environment.
There are several wonderful destinations around Hikkaduwa. The Kanneliya Forest Reserve is a biodiverse rainforest that offers nature enthusiasts to explore its rich flora and fauna. The Madu Ganga and its associated wetlands are famous for boat safaris providing a close encounter with the area’s natural beauty. Gin Ganga is extremely famous among the bird-loving people for spotting wonderful bird species. It is one of the perfect destinations for anyone looking for a complete Sri Lankan experience as it gives adventure, natural relaxing environment.
Local Economy
Tourism, fishing, and many small-scale industries can be found in Hikkaduwa. Due to the growth of tourism in this area, there is a significant development in the town. People have built many reputed and modern hotels, restaurants, and many other commercials. There are many reputed hotels like Hikkaduwa Citrus, Hikka Secret Lake Villa, and Hikka Heaven that are popular among locals and tourists. Further travelers and residents can enjoy the place by engaging in activities like water sports, and diving. It increases the demand for tourism. Farming is one of the major sources of the income in Hikkaduwa economy. Some of the farming activities that dominate the region include vegetable growing, cinnamon growing, and the growing of various fruits. Besides, it is important to mention that Hikkaduwa is famous for its handicrafts.
Natural beauty
The breathtaking sceneries next to the Hikkaduwa beach, the pride of the coast line of Sri Lanka, are mainly famous for its coral reef. Being one of the most diverse areas the Hikkaduwa exist as a famous diving spot due to the availability of a varied number of coral reefs chosen by travelers of Sri Lanka. Diving to the bottom of the ocean provides a boost to the aquatic world filled with aquatic life in Hikkaduwa.
in addition to the golden sandy beaches of the Hikkaduwa stretches along its coast and it is an ideal place to sun bath. Due to the warm climate there are no specific seasons in Hikkaduwa and the temperature is warm all year round which makes visiting the place more attractive. This seems to be more beautiful due to the presence of clean waters of the Indian Ocean that surround the city hence offering a perfect place for water activities. And bird watching, nature tourism provides even more opportunity to get closer to nature. Out of many areas of Sri Lanka, Hikkaduwa is one of the most beautiful places with comfortable beaches, colorful coral and tropical green.
Tourism and Recreational Activities
Despite this people can appreciate the lively natural touch of Hikkaduwa by exploring the coral reefs. Here, there are ways to enjoy the leisure activities. Some of which are listed below. Beach volleyball is among the activities you can engage and other water activities such as surfing, diving and water skiing. You can also do sunbathe. Further activities like boat rides, bird-watching, and wandering around forest reserves are some other activities that can be enjoyed around Hikkaduwa. Therefore, for people who like to do water sports and people who like to enjoy the beauty of nature, Hikkaduwa is the ideal coastal city.
Real Estate Market
Within recent years, there has a significant growth in the real estate market in Hikkaduwa driven by the booming tourism industry and increased foreign investment. Property values also have been increased due to this, especially for beachfront properties and holiday homes. There are many properties for investment including beachfront lands, villas, residential plots, commercial places, and other properties. Beachfront properties are particularly sought after due to their prime location and high rental potential. With these influences and the potential for business opportunities, the demand for real estate is rising day by day. However, most businesses are getting their ROIs back within a considerably shorter time.
Economic and Infrastructure Development
The local government has taken several initiatives to improve the infrastructure and development in Hikkaduwa. Few projects are going to expand the roads, local infrastructure, and public facilities because of the richness of tourism in the city. These initiatives made Hikkaduwa more accessible and attractive to investors.
Additionally, we can see a significant growth of local businesses such as hotels, restaurants, and outlets that contribute to the city’s economic development. The city is a popular place to live and invest because of the advantages it offers and the services it provides. A thriving business climate has fueled economic growth and created employment opportunities.
Benefits of Buying Land in Hikkaduwa
Potential for rental income and tourism revenue
Buying land in Hikkaduwa allows you to make money from holiday rentals and resorts. Bringing steady revenue, we can see a consistent flow of attractions among the visitors to this area because of its importance as a tourist destination. And the availability of rentals for travelers is very profitable mostly during the tourist seasons.
Long-term appreciation of property value
The real estate market in Hikkaduwa is constantly expanding and property values have increased over time. It is a good place to invest as land can give long-term returns. Property value comes from continuous development and increasing demand for real estate.
Lifestyle benefits and quality of life
From colorful local culture to enjoying a tranquil coastal setting, property in Hikkaduwa has many lifestyle benefits. For residents and investors, the calm atmosphere of the city, amazing natural beauty, and recreational opportunities offer an exceptional quality of life. The opportunity to live in a tropical paradise adds to the attractiveness of investing in Hikkaduwa.
How to Find The Perfect Property?
1.Researching Online Platforms
Because of the development of technology, we can find everything from online platforms. Therefore the Internet is one of the greatest resources for finding real estate. There are many websites like LankaPropertyWeb and ikman.lk that have numerous variety of listings with photos, videos, and detailed descriptions. With these platforms, finding real estate has never been easier. You can take virtual tours, browse a large selection of properties, and get price estimates. You can view listings on social media sites like Facebook and Instagram, where private sellers and real estate companies post information about properties for sale on pages and groups dedicated to those platforms.
As these listings often include user reviews, updates, and direct contact information, perusing them will provide you with a wealth of information when choosing the best properties.
2.Working with Real Estate Agents
Working with real estate agents can make the process of finding land much easier. Local estate agents can provide you with tailored advice based on your specific needs and preferences as they know the local property market. They often have access to private listings that are not published online and can find suitable properties. Real estate agents simplify the buying process by helping with important duties, including contract negotiations, obtaining legal documents, and other procedures. In addition to information about local services, amenities, and potential development projects, they can offer site visits.
We, the A1 Real Estate operate in the Hikkaduwa area and are one of the most experienced agents that you can find around Hikkaduwa. Our local A1 agents who have years of experience in the field can help you find your ideal property.
3.Visiting Properties
While online research is helpful, nothing beats seeing the property. Take some time to visit your selected property to appreciate the design, atmosphere, and overall feel.
During these tours, you will be able to get up close and personal with the features, design, and condition of the property. Plus, you can explore the neighborhood and its surroundings, find out how close restaurants and shops are, and gain local knowledge. This experience will help you make a more informed decision and ensure that the property lives up to your expectations.
Wrapping up
In conclusion, Hikkaduwa strongly supports real estate investment, especially in tourism. Due to its pristine natural beauty, demanding tourism sector, strong real estate market, and steady economic growth attracts investors not only from local but also from all over the world. Owning land in Hikkaduwa offers several benefits including rental income, property value growth for a long period, and lifestyle benefits. Whether you are looking for a quiet residential area or a profitable investment, Hikkaduwa is a unique and satisfying prospect and it will be an ideal location to buy your dream land as an investment for yourself.
Contact us via a1.lk to find your land in Hikkaduwa.