Pre-sale · 12 units at a special price
Y Hotel Mirissa — an income residence 300 m from the ocean
Premium-class apartments with five-star hotel management. 10–15% expected yield in hard currency, full freehold ownership for foreigners and entry from $89,000.
89
units in residence
10–15%
expected ROI
300 m
to the ocean
$89k
entry from
Freehold for foreigners
Hotel management
300 m to the ocean
Remote purchase
Why now
The usual instruments no longer protect capital
Deposits & bonds
Nominal returns in a soft currency that inflation eats away. Real yield near zero.
Property back home
Needs constant involvement, and price growth has stalled against expensive mortgages.
Dubai, Thailand, Bali
Overheated markets with $150k–250k entry. Too late for the early-stage upside.
A single currency
Assets in one currency is a risk. You want dollar income in a growing economy.
Why Sri Lanka
Mirissa is an early-stage market that is only just accelerating
Sri Lanka’s south coast is one of Asia’s fastest-growing tourist regions. While the market is still unsaturated, entry is cheap and yields sit at a level overheated destinations no longer offer.
- Entry from $89,000 — 2–3× lower than Dubai or Bali
- Freehold: apartments are owned outright by foreigners
- Hotel management removes occupancy and operations headaches
- Nightly-rental income in hard currency on rising tourism
- Mirissa: whales, surf, beaches — steady year-round demand
- Remote purchase with full legal support
Destination comparison
Sri Lanka vs the overheated markets
How Mirissa stacks up against popular investor destinations.
| Parameter | Bali | Phuket | Dubai | Mirissa |
|---|---|---|---|---|
| Entry price | from $150k | from $120k | from $250k | from $89k |
| Ownership | Leasehold | Leasehold | Freehold (zones) | Freehold |
| Yield | 6–9% | 5–7% | 5–7% | 10–15% |
| Market saturation | High | High | High | Low |
| Cost of living | Medium | Medium | High | Low |
| Tourism trend | Mature | Mature | Mature | Fast-growing |
Example investment
An $89,000 studio in numbers
Take an entry-level garden-view studio. The residence is run by a hotel operator; income comes from nightly rental.
$89,000
Entry price (garden-view studio)
10–15%
Expected yield per year
~$9–13k
Indicative annual income
Freehold
Full ownership for foreigners
Yield depends on season and occupancy. We work transparently: a real model and tax guidance, not a “0%” promise.
Units
Three studio types to choose from
Each unit is a separate listing with a floor plan, photos and an inquiry form.
Investment strategy
Build your Y Hotel strategy in 4 steps
Answer four quick questions — we reply with a shortlist of units and a yield calculation.
Step 1 of 4
How much are you looking to invest?
How we work
Six steps from inquiry to income
1
Consultation
We discuss goals, budget and strategy and help you choose a unit type.
2
Unit shortlist
We prepare 2–3 options with yield and capital-growth calculations.
3
Reservation
We lock your chosen unit with a $5,000 deposit directly with the developer.
4
Agreement
We sign the contract, arrange the bank transfer and register freehold title.
5
Construction
Payments are tied to milestones and you receive construction progress reports.
6
Rental management
The hotel operator rents the unit and income lands in your account.
Amenities
Five-star hotel-grade service
- Rooftop infinity pool & bar
- Garden pool
- SPA & wellness center
- Gym & yoga hall
- Concierge & 24/7 security
- Landscaped grounds
Payment plan
A transparent plan tied to construction
- 1
Reservation — $5,000 deposit
- 2
30% — on agreement signing
- 3
20% — at foundation completion
- 4
30% — at frame completion
- 5
20% — at handover
Installments are tied to construction milestones — you pay for real progress.
Why you can trust us
We guide the deal from shortlist to income
We don’t sell everything for a commission. We select projects with real investment potential and guide you at every step — including remote purchase and rental launch.
Get Y Development
Project developer · yhotel.art
- A vetted developer and transparent documents
- Freehold ownership with full legal support
- A remote deal without travelling to Sri Lanka
- Hotel-managed rental after handover
Q&A
Frequent investor questions
Can a foreigner own the property?+
Yes. Condominium apartments are owned outright (freehold) by a foreign individual, with title documents issued.
Do I need to travel to Sri Lanka?+
No. The deal is remote: online viewings, the contract and bank transfer, and legal steps handled by power of attorney.
What yield can I expect?+
Around 10–15% per year from hotel-managed nightly rental. The outcome depends on season and occupancy — we show the real calculation model.
Who manages the rental?+
A professional hotel operator handles occupancy, servicing and payouts.
How does payment work?+
In stages: a $5,000 reservation, then installments tied to construction milestones up to handover.
What guarantees does the buyer get?+
Freehold ownership, a developer contract and payments tied to real construction progress.
Leave a request
Get a unit shortlist and a yield calculation
Our team replies within 24 hours with a personalised calculation for Y Hotel Mirissa.
Freehold for foreigners
Hotel management
300 m to the ocean
Remote purchase
Contact Agent
Interested in: Y Hotel Mirissa