Galle Fort, the glittering gem in Sri Lanka’s tourist development crown | Pledge Holidays Travel Blog

GALLE FORT, THE GLITTERING GEM IN SRI LANKA’S TOURIST DEVELOPMENT CROWN The city of Gall on Sri Lanka’s scenic south coast is not only a spectacular tourist destination, but also a major focus for foreigners wanting to buy or lease holiday and investment property. The Singapore-based PropertyGuru website is carrying a lengthy and detailed report on how the city, particularly the picturesque and über-historic Galle Fort, is on the crest of a powerful development wave. As it points out: “The charming town of Galle in Sri Lanka is attracting investors from around the world, thanks to the country’s strong economic growth, rapidly improving infrastructure and huge increase in tourist arrivals.” Which is in turn having a dramatic impact on prices of both established properties and raw building land, particularly choice plots overlooking the surrounding Indian ocean and with access to the beach, which can fetch more than US$5million. Unsurprisingly, it is tourism—and the government’s increasing reliance on its as a source of much-needed revenue—that is driving demand. Click below for more. #SriLanka #Galle #GalleFort #Tourism
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