Skip to content

Mira By CPG

- AVA001051

Mira By CPG, Weligama, Southern Province, Sri Lanka

Price: $400KBeds: 1Baths: 2/Sq. Ft.: $333/sq ft
Property image
APARTMENTListed by Avacasa
1 / 8
Street View

Mira by CPG is Sri Lanka's first all-suite branded residences, rising on a rare waterfront address in Weligama where the tower is fully surrounded by open water and the sea sets the rhythm of everyday life. Developed by Crystal Property Group (CPG) and operated by its homegrown hospitality brand, The One Group of Hotels, Mira brings the pedigree and service of a world-class hospitality address to full-time and resort-style living on the south coast, minutes from Weligama's surf breaks, Mirissa's whale watching and Galle's UNESCO shores.

The residences occupy floors 2 to 8 as suites (units 1-6 per floor) and the 9th floor as penthouses. Each suite is a "1.5 Bedroom" convertible layout with two bathrooms, a master bedroom with study, ensuite with his-and-her sinks and rain shower, a living area that expands into an additional bedroom via foldable beds, a fully equipped bar/kitchenette (hob, oven, microwave, fridge), a private terrace and a private balcony jacuzzi. The design is crafted to serve dual purposes: a private sanctuary for family travel and a smart, income-generating asset when unoccupied.

Mira is managed end-to-end by The One Group of Hotels, giving owners a 24-hour concierge and dedicated staff, in-residence dining, access to Mira's restaurants, bars, pools, spa and wellness facilities, and enrolment in CPG's "Home Around The Pearl" loyalty programme. Wellness and lifestyle amenities include an infinity-edge pool, restaurant, central and martini bars, an open-air lounge, library/community space, vinyl lounge, gymnasium, hydrotherapy and a pilates studio. Designed by PWA Architects, founded by renowned Sri Lankan architect Philip Weeraratne, Mira is off-plan with handover scheduled for September 2028.

Property Details

Micro-market
Weligama / South Coast
Configuration
Apartment
Property Type
Apartment
Built-up Area
1,200 sq ft
Status
Under Construction

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Construction Started

Expected Completion

To be announced soon

Available Properties

Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
1 BHK1,200 sq ft$400KUnder Construction
Studio3,780 sq ft$1.32MUnder Construction
Studio2,785 sq ft$975KUnder Construction
Studio1,607 sq ft$546KUnder Construction

Property Information

  • Community: Mira, Weligama
  • Project Name: Mira by CPG

  • Listing Price: $400K
  • List Date: Sep 2, 2026
  • Days on Market: 0
  • Listing ID: AVA001051
  • Status: Under Construction

  • Construction Type: Branded waterfront residential building (suites + 9th-floor penthouses)
  • Security: 24/7 security & concierge

  • Pool: Infinity-edge pool; private balcony jacuzzi per residence

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status
  • Permitted, freehold
What you actually hold
  • You hold freehold title to the house and the land, or to the condominium unit with an undivided share in the common elements.
Key rules and restrictions
  • The 2014 restrictions on alienation do not apply to you.
  • Title in Sri Lanka is deeds based rather than title registered in most areas, so the chain of deeds matters.
  • A notary must prepare and attest the deed of transfer.
Funds and process
  • Pay through Sri Lankan banking channels against a notarially executed deed, then register the deed at the relevant Land Registry.
Taxes
  • Stamp duty on a transfer is 3% on the first Rs 100,000 of value and 4% on the balance. Notary fees and registration fees are on top.
Verify before you buy
  • Get a title report covering at least 30 years of the deed chain.
  • Search the Land Registry for encumbrances before paying.
  • Confirm the local authority has approved the building plan.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in Sri Lanka before you commit.

Investment Information

  • Type: Branded serviced residence, Weligama (operated by The One Group of Hotels); off-plan, handover Sep 2028; deposit LKR 5,000,000 + construction-milestone plan; projected 8% (50% occ) - 10% (65% occ) USD rental return (developer projection)

  • Capital Appreciation: 8%
  • Property Tax Jurisdiction: Sri Lanka - no annual national property tax on residential; local rates & transfer/stamp duty apply

About the developer

DeveloperCPG
3 homes on Avacasa now
✓ Enquiries routed through Avacasa - your details are never handed to the developer.
View developer profile →

Location

Mira By CPG, Weligama, Southern Province, Sri Lanka

  • Airport: Koggala Airport (KCT) - 5 km
  • Railway: Ahangama Railway Station - 2.25 km
  • Highway: Southern Expressway (E01) - 7.1 km
  • Hospital: Weligama District Hospital - 2 km
  • Grocery: Traditional Market - 1.5 km
  • Beach: Ahangama beach - 3 km

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
7.4 / 10Kabalana BeachBeachJanuary to April5.8 km
8.8 / 10Weligama BeachBeachNovember to April8.5 km
9 / 10Galle FortHistorical siteDecember to April20.7 km
8.8 / 10Stilt FishermenCultural AttractionMorning and evening3.3 km
9 / 10Udawalawe National ParkNational ParkMay to September121.8 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Ahangama Central CollegeSchool2 kmA government-run school in the heart of Ahangama.
Ahangama Primary SchoolSchool2 kmA local primary school serving the Ahangama community.
Weligama By Pass National SchoolSchool3 kmA national school located near the Weligama bypass road.
Thomas Gall SchoolSchool15 kmAn international school in Galle offering a British curriculum.
Galle International CollegeSchool20 kmApproximate distance to Galle
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Weligama District HospitalHospital2 kmGovernment hospital providing essential healthcare services.
Ahangama District HospitalHospital2.5 kmA local hospital serving the Ahangama area.
Ahangama Government HospitalHospital3 kmA government-funded hospital in Ahangama.
Asiri Hospital GalleHospital18 kmA private hospital with a range of specialized medical services.
Karapitiya Teaching HospitalHospital22 kmThe largest tertiary care center in the Southern Province.
Dining & Cafes
RestaurantRatingDistanceNotes
Veda Cafe4.72.2 kmTraditional Sri Lankan rice and curry buffet.
Kurundu Restaurant4.60.5 kmRooftop restaurant with ocean views, known for seafood.
Hotel de Uncles4.60.35 kmUpmarket Sri Lankan food with a city cocktail bar vibe.
Cactus Ahangama4.50.45 kmPopular for brunch and coffee with a beach view.
The Kip4.71.4 kmHidden in the jungle, known for breakfast tapas boards.

Ownership economics

Will this home pay for itself?

Enter your interest rate to see this
We don't have a financing rate for this market yet - add your rate in Buy, or switch to All cash.
Break-even occupancy
-
Total return
- over 5 yr

1Buy

What you pay to own it.

listed
Funding
market estimate - data coming
Monthly EMI-
Service charges-
market estimate - data coming

2Earn

What it brings in as a holiday rental.

market estimate - data coming
Occupancy-
market estimate - data coming
Avacasa managed
Gross rental / mo-
Net rental / mo-

3Grow

What it could be worth.

Appreciation / yr-
market estimate - data coming
Value in 5 yr$400K
Appreciation gain-
Equity built$160K
Estimates from Avacasa market data and your inputs. Occupancy and appreciation move with the market, so treat these as guidance, not a guarantee. Every assumption above is editable.