An extremely valuable piece of coconut land for sale in Bihalapola, between Narammala and Kuliyapitiya towns in Sri Lanka with easy access. Close to the central highway. The land has over 200 coconut trees, 100 original TJC (tom jercy) export quality mango trees and over 100 well grown teak trees. Land is suitable for residential property or residential developments as well. The land has clear deeds without any complications. Total size of the land is 616 perches. This is equivalent to 3 acres, 3 roods and 16 perches. Selling because the owner is migrating in the end of December 2021.
With the opening of the central highway, the land can be accessed within 1.5 hours from colombo. Also the access roads are being tarmacked (Carpeted) which will significantly increase the property value in next two to three years. The land has access to two roads around it’s periphery increasing the value and versatility of this land. Very easy to drive around and inspect the plantation.
One quarter of the coconut trees are fruit bearing and other coconut trees are just about to enter the fruit bearing age. Expected harvest is 30,000 coconuts every year or 5000 coconuts every two months. At the moment the yield is around 7500 coconut per year and increasing as trees are entering fruit bearing age. The land never get flooded but has ample moisture in the soil all around the year for high coconut yield as its surrounded by Baminigalla lake. High water line.
The land has over 100 export quality Tom Jercy Mango trees planted in this and will enter fruit bearing age in another 2 years. These plants were bought, panted and maintained professionally. We can give reference to the plant nursery where we bought mango plants from. Please visit the page below to understand the value of these plants

Entry price of 100 TJC mango plants is USD 69,740 with gross returns of USD 343,550. So the value of mango plants alone is around 15 million and returns can be as high as 75 million. Pictures of mango plant are included in the post. All these come free with the land.
In addition, the land has over 100 well grown teak trees. Value of these teak trees can be over 3 million rupees in the current market conditions. The land has gliricidia plants grown around the periphery together with teak. Gliricidia is a nitrogen fixing plant and used as an alternative to Urea and owner can claim the government subsidy for organic fertilizer in plantations.
With all these income streams, the price is just set to Rs. 24,350 per perch for 616 perches due to the urgency of selling this land. Total price is Rs 15 million. Offers will be accepted only from genuine buyers. No brokers please. You will be directly dealing with the owner.
Thank you.