Table of Content
Written By
GHR Global
Digital Marketing TeamNegombo has become the epicenter of Sri Lanka’s tourism-fueled real estate surge. With over 2 million tourist arrivals in 2024 and a bold national target of 3 million in 2025, demand for accommodations is rapidly outpacing supply. Yet, the Negombo area offers only 4,606 registered tourist rooms. This shortfall presents a compelling opportunity for investors focused on tourism-oriented real estate. GHR’s Ocean Breeze Phase 1 delivered a remarkable 200 percent ROI, prompting the highly anticipated launch of Phase 2, which is already over 50 percent sold during its pre-launch. With Sri Lanka projected to welcome 4.4 million tourists by 2028, developers are rushing to bring projects to life in Negombo. However, GHR remains the pioneer and market leader in this space.
A Destination That Sits on Every Tourist Itinerary
Negombo is more than just a coastal town. It is the first or final stop for most international travelers, thanks to its proximity to Bandaranaike International Airport. With golden beaches, fresh seafood markets, and a vibrant nightlife, it attracts a consistent stream of travelers year-round. Booking.com data shows that 62 percent of bookings in the area come from international travelers. Most of these tourists are couples and families, with over 70 percent staying for one night. This trend makes the area ideal for hotel-styled apartments and short-term rental investments that generate steady returns.
Source - Booking.com Extranet
Demand Outpaces Supply
Ocean Breeze Negombo Phase 2 was developed with a deep understanding of market demand, traveler behavior, and investment potential. With Phase 1 achieving a proven ROI of over 200 percent, Phase 2 is positioned to expand on that success with 287 units across 25 floors, ranging from Deluxe Studios to 01, 02, and 03 Bedroom Suites. Deluxe Studios start at LKR 11.9 million, 01 Bedroom Suites at LKR 20.9 million, 02 Bedroom Suites at LKR 24.9 million, and 03 Bedroom Suites at LKR 40.9 million.
Every unit type was carefully planned to meet the evolving needs of the tourism market. Insights from Booking.com show that over 70 percent of travelers to Negombo prefer one-night stays, and the majority of guests are couples and families. This data, combined with investor feedback and rental market insights, guided the functional design and mix of room types. The goal is to maximize occupancy, meet traveler expectations, and ensure high rental performance. Amenities such as a rooftop pool, gym, clubhouse, restaurants, and 24/7 security add value for both short-stay guests and long-term investors.
Buyers can reserve their unit with just LKR 1 million, followed by a 10 percent downpayment. The balance is spread across a 40-month interest-free installment plan, during which only 60 percent of the total purchase price is paid. The remaining 30 percent is split equally at handing over, COC, and deed transfer stages. Over 50 percent of units have already been sold during the pre-launch phase, underscoring the strong investor demand for this one-of-a-kind opportunity in Negombo.
Ocean Breeze Phase 2: Designed to Meet Demand
Ocean Breeze Negombo Phase 2 was developed with one purpose in mind: to address the surging demand. Located just 900 meters from the highly successful Phase 1, this 25-storey development features 287 luxury units across Deluxe Studios, 01 Bedroom Suites, 02 Bedroom Suites, and 03 Bedroom Suites. Investors benefit from panoramic ocean views, a rooftop pool, a fully equipped gym, a café, restaurant, bar, clubhouse, conference room, and 24/7 security.
Unlike many projects that are still on the drawing board, GHR’s Ocean Breeze Phase 1 is already operational. It is also recognized by major international travel agencies for both group and individual bookings. Units that were initially sold at 9 million have resold for over 27 million, proving the 200 percent ROI is not just theoretical but real. GHR’s hotel management services ensure hassle-free operations for investors, with projected rental income averaging LKR 300,000 per month.
Ocean Breeze Negombo Phase 1
Negombo Is Setting the Trend
It is no surprise that other developers have rushed in. At least four new hotel residency-style projects have been announced in Negombo in recent months, all aiming for completion before 2028. These developments are attempting to capitalize on the tourism wave that GHR identified and captured earlier with Phase 1. But unlike competitors, GHR has already delivered, proven its model, and has an experienced hotel operations team in place to back investor confidence.
A Broader Economic Revival
Sri Lanka’s tourism resurgence is part of a wider economic recovery that is gaining serious momentum. The country posted a 5.5 percent GDP growth in Q3 2024, led by strong industrial activity, construction growth, and a record-breaking tourism sector. Inflation has remained at single-digit levels, and international remittances and foreign investments are rising steadily, setting the stage for long-term growth.
With the government’s official roadmap targeting 5 million tourist arrivals by 2030 and increased foreign direct investment in real estate and infrastructure, the country is on a clear path toward sustained economic revival. In this context, Negombo’s strategic location, international airport access, and hotel residency boom make it a symbol of Sri Lanka’s return to the global investment spotlight.
Why Early Investors Win
Ocean Breeze Phase 2 is already over 50 percent sold following its pre-launch, underscoring the demand for premium coastal investments. With other developers now racing to catch up and prices on the rise, early investors stand to benefit the most from both capital appreciation and high rental income potential. Whether you are a Sri Lankan buyer or an international investor seeking exposure in one of Asia’s most promising real estate markets, Ocean Breeze Negombo Phase 2 is your gateway to consistent income and strong long-term returns.
