Grand Hyatt Colombo

Lately, real estate around Port City Colombo has turned into gold, reflecting a surge in value and demand as the area develops into a prime investment destination. With the anticipated demand for properties, to meet both commercial and residential needs related to business ventures and travel, newer and grander properties have been cropping up, adding to Colombo’s skyline.

One such development is the five-star hotel Grand Hyatt Colombo. This 48-storied high-rise building offers 450+ guest rooms, including 54 suites. There will be 100 serviced apartments catering for long stays. With an estimated IRR of 13.5% and a payback period of 8 years, it is poised at the high end of the property spectrum.

Grand Hyatt Colombo offers two specialty restaurants, seven meeting rooms, and a ballroom to accommodate up to a thousand guests. Residents can maintain their fitness routine at the state-of-the-art gym, enjoy refreshing swims in the elegant pool, or unwind at the spa, which offers a variety of treatments for relaxation and wellness. For added convenience, the apartments include an in-house laundry service, making daily chores effortless. This array of facilities ensures the best of the hospitality provider’s services.

Meanwhile, the residences are close to One Galle Face Mall, Crescat Boulevard, and the Colombo City Centre. Galle Face Green and Beira Lake provide much-needed reprieve with tranquil sights. Adjacent to the United States Embassy of Sri Lanka, the safety, convenience, and reputation of the neighbourhood are at the highest, while the scenic views of the Indian Ocean are one of the highlights of staying close to the coastline. An array of other five-star hotels, both with historic charm such as the Galle Face Hotel, and international chains such as Shangri-La and ITC Ratnadipa, has only added to the area’s allure, making this a real estate jackpot for discerning investors.