Sri Lanka,
Reimaginedin Gold and Glass.
Your trusted local partner for villa investment, custom builds, and property management across the island.
Begin Your JourneyOwn a piece of paradise structured for foreign investors through transparent joint-venture partnerships with Sri Lankan citizens.
Your Journey Starts Here
Which path is yours?
Finished & Off-Plan Properties
Buy a Villa
Acquire a completed or off-plan villa through our transparent joint-venture ownership model. Full legal support included.
Custom Design & Build
Build Your Villa
Design and construct your dream holiday home, retirement villa, or private residence with our in-house architect and construction team.
Capital Partner Opportunities
Invest With Us
Partner on villa development projects. Joint-venture structures designed for foreign capital with transparent returns and legal clarity.
Long-Stay & Retirement Homes
Plan Your Retirement
Retire in Sri Lanka with a purpose-built home. Single-level designs, accessible layouts, and full concierge support.
Ready-to-Rent Transformation
Full Villa Turnover
Transform your villa into a guest-ready, revenue-generating property. We handle renovation, furnishing, staffing, and digital launch.
Ongoing Operations & Revenue
Villa Management
Let us manage your villa end-to-end: guest bookings, housekeeping, maintenance, and financial reporting, so you earn without the hassle.
Why Sri Lanka, Why Now
The numbers speak for themselves.
Sri Lanka is at an inflection point. Tourism is recovering strongly, land values remain accessible, and the regulatory environment is opening to structured foreign investment.
Tourist Arrivals (2025)
Tourism Revenue Growth
Average Rental Yield
Lower Cost of Living vs UK/EU
Four Pillars
Design
Architect-led villas blending local materials with contemporary form.
Build
In-house construction team. No subcontracting surprises.
Invest
Structured JV ownership for foreign capital. Full legal clarity.
Manage
Post-completion property and rental management, end-to-end.
Villa Management
Already own a villa in Sri Lanka?
We manage it end-to-end. Whether you use it personally, rent it out, or both. CeylonVillas handles every detail so you never have to worry from abroad.
Explore Management ServicesBuilding Your Dream Home or Hospitality Business in Sri Lanka?
The joint venture structure.
Whether you are looking to build a private residence or establish a hospitality venture on the island, The Ceylon Villas & Co. is your trusted partner from the ground up. We bring the local knowledge, operational expertise, and a transparent financial structure designed specifically for Sri Lanka.
Local-Foreign Ownership
Sri Lankan law requires a minimum 51% local shareholding for a company to hold freehold land title. The foreign partner holds 49%. The land is registered in the company name, not personally, giving the structure full legal standing under the Land (Restrictions on Alienation) Act.
Land Held Under Company Name
The joint venture company acquires the land freehold. This is the only legally recognised route for a foreign national to benefit from freehold land ownership in Sri Lanka. The title is clean, registered, and protected by the company's shareholder agreement.
Regulatory Framework
Projects are structured in compliance with the Board of Investment of Sri Lanka (BOI) Act, the Companies Act No. 7 of 2007, and FIAC guidelines. Capital repatriation is facilitated through established Central Bank of Sri Lanka channels.
Long-Term Profit Sharing
Once the investor's principal is fully recovered, the venture transitions to a permanent 50/50 profit split, directly reflecting the underlying legal equity structure. Both partners grow together from that point forward.
The Return Structure
The Simple 100% Payback Waterfall.
Most private investors funding a project abroad prefer simplicity over complex multi-tier formulas. This structure is designed to be exactly that: transparent, clean, and fair to both sides.
This page provides a high-level overview. The full model, including worked examples, legal references, and return projections, is explained in detail on the next page.
This is not financial advice. Consult a qualified financial professional before making any investment decision.
Our Story
Built from the ground up in Sri Lanka.
The Ceylon Villas & Co. was founded by Keshan De Mel, a Sri Lankan who grew up watching the island's coastline transform, and who believed that international buyers deserved a partner who understood both worlds.
What began as a single villa project in Kalutara has grown into a full-service platform: sourcing land, designing homes, managing properties, and guiding investors through every stage of ownership. We operate at the intersection of local knowledge and global standards, because that is the only way to do this properly.
Keshan brings over a decade of hands-on hospitality experience to every project. His career spans front-of-house leadership at Shangri-La Colombo, reservations operations at Anantara Hotels & Resorts, duty management for Accor during the FIFA World Cup in Qatar, and two and a half years as Assistant Front Office Manager at RIU Hotels & Resorts in Ahungalla. That background means he reads a villa the way a guest does, not just the way a developer does.
He is personally involved in every build. When architects present plans, Keshan reviews them through the lens of guest operations: flow between spaces, staff access routes, how a bedroom feels at 6 a.m., where luggage lands when a family arrives. The details that make a luxury property work in practice, not just on paper.
Every client relationship is personal. Every project carries our name. That is not a marketing line. It is how we have built our reputation, one villa at a time.
What We Stand For
Company values.
These are not aspirations. They are the standards we hold ourselves to on every project, every day.
Radical Transparency
We share the full picture: land titles, joint-venture structures, projected returns, and risks. No surprises after the contract is signed.
Local Depth
Our team has spent decades building relationships with landowners, architects, and local authorities across Sri Lanka. That access is yours.
Long-Term Thinking
We are not transaction brokers. We stay involved through design, build, and management, because our reputation depends on what happens after the sale.
Personal Accountability
Every project is reviewed by Keshan personally. When you have a question, you reach a decision-maker, not a call centre.
Est. in Sri Lanka
The Ceylon Villas & Co. where island living meets international confidence.