Now SellingMove in 2028Now Selling
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From USD 387,000Price range
Serviced ApartmentProperty type
Now SellingListing status
2028Move-in year
45Total units
9Floors
Under ConstructionConstruction status
36Units available

Overview

  • 45 all-suite residences on Weligama Bay
  • Fully furnished and managed by The One Group of Hotels
  • Private jacuzzi in every suite; infinity-edge pool and direct beach access
  • Designed by PWA Architects

MIRA is a beachfront condominium on Weligama Bay, one of Sri Lanka's best-known surf destinations, and the country's first all-suite branded residences. It offers a limited collection of fully furnished suites with private jacuzzis, plus penthouses on the top floor, backed by hospitality management from The One Group of Hotels. Residents have an infinity-edge pool, a gymnasium, a waterfront restaurant and bars, a library, a vinyl lounge, hydrotherapy and a…

MIRA is a beachfront condominium on Weligama Bay, one of Sri Lanka's best-known surf destinations, and the country's first all-suite branded residences. It offers a limited collection of fully furnished suites with private jacuzzis, plus penthouses on the top floor, backed by hospitality management from The One Group of Hotels. Residents have an infinity-edge pool, a gymnasium, a waterfront restaurant and bars, a library, a vinyl lounge, hydrotherapy and a Pilates studio. Designed by PWA Architects around the river, lagoon and ocean, MIRA is surrounded by open water.

Source: Crystal Property Group

Property type: Serviced Apartment — Hotel-managed all-suite beachfront residencesFloors: 9
Listing status: Now SellingSecurity: 24/7 Security Guard
Construction status: Under ConstructionAddress: Weligama Bay, Weligama
Construction progress: Construction startedNeighborhood: Weligama
Move-in year: 2028District: Matara
Price range: From USD 387,000Developer: Crystal Property Group
Total units: 45Architect: Philip Weeraratne (PWA Architects)
Units available: 36
Property type: Serviced Apartment — Hotel-managed all-suite beachfront residencesTotal units: 45
Listing status: Now SellingFloors: 9
Construction status: Under ConstructionAddress: Weligama Bay, Weligama
Move-in year: 2028Neighborhood: Weligama
Price range: From USD 387,000District: Matara

Pricing & fees

Starting price

From USD 387,000

Expected rental income

Projected USD return of 8% at 50% occupancy and 10% at 65% occupancy, supported by southern coast tourism demand and professional management

Last updated

October 11, 2026

Prices are published in USD by the developer.

Payment & deposit

Payment structure

Deposit: LKR 5,000,000 on reservation (immediate)

SPA signing: 20% less the LKR 5,000,000 deposit (Sep 2026)

Piling award: 10% (Oct 2026)

50% of piles installed: 5% (Mar 2027)

100% of piles installed: 5% (Jun 2027)

Ground floor slab and podium structure: 5% (Sep 2027)

1st to 5th floor structures: 10% (Dec 2027)

6th to 10th floor structures: 10% (Mar 2028)

Masonry, plastering and MEP first fix: 5% (Apr 2028)

Finishes, MEP second fix and external works: 10% (Jun 2028)

Testing, commissioning and practical completion: 10% (Aug 2028)

Handover: 10% (Sep 2028)

Floor Plans

Neighborhood

Weligama

About Weligama

Weligama is a town on the south coast of Sri Lanka, in Matara District, Southern Province, governed by an Urban Council. The name means sandy village and refers to the sweep of its sandy bay.

  • Town on the south coast in Matara District
  • Name means sandy village, after its sandy bay
  • About 144 km south of Colombo
Read the Weligama guide

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