Nuwara Eliya has become a paradise for motorsport enthusiasts
Development projects of Luxury Hotel Residencies in Sri Lanka has been a hot topic in the recent past and the real estate market shows a growth trajectory in the years to come. Oftentimes these projects were only planned for in and around Colombo.
However, as the real estate landscape has been taking a different turn today we see a shift in development projects of Traditional apartments, Luxury Hotel Residencies or mixed developments already in place in suburbs and cities away from Colombo such as Sigirya, Nuwara Eliya etc.
At Global Housing and Real Estate (pvt) LTD we are the #1 hotel residency developer in Sri Lanka for the mere fact that we ensure to do our homework on the location to ensure a return on investment for us and our investors.
During our research on the hill country Nuwara Eliya was identified as one of the most successful locations for the multitude of activities happening in and around this small town in the hills. It is today a paradise for motorsport enthusiasts and there are so many motorsports events taking place throughout the year attracting many tourists, motorsports enthusiasts.
Some of the famous events that take place in the hills are 4 x 4 race in Nuwara Eliya, Nuwara Eliya Mud Challenge, Diyatalawa foxhill supercross , Nuwara Eliya road race etc.
The Motorsports / Racing industry in Sri Lanka attracts a very specific audience and this includes some elite families in the country, foreign travelers and the youth that travels from across the country. Since the events are at minimum 2-3 days long the spectators definitely require good accommodation, and this is one of the key reasons that Grand Residencies – Nuwara Eliya made sense to us and why it makes sense for you as a potential investment.
At a glance Nuwara Eliya is all about the good weather, gardens, waterfalls and a multitude of picturesque landscapes and a variety of farms. However, a closer look at this tiny city and you will be surprised by the number of activities that take place throughout the year.