Prime Marina that changed the location game of Port City Colombo

There's a buzz in the property market these days about a special location that's the first to catch the eye upon entering the Colombo Port City, facing the Marina.

That is Prime Marina 2, the second phase of the Prime Marina project, jointly developed by Prime Group and Melwa.

The uniqueness lies in the location itself. This area, extending from the entrance of Port City Colombo to the Marina, is the first location encountered by anyone arriving at Port City. More than that, its position facing the Marina makes this location distinct from a typical Port City address, which is the subject of discussion.

Even when looking at major cities around the world, Marina-front properties are a type of property with a limited supply. Only about 1% of Colombo Port City is Marina-front. Prime Marina 2 is an address within that 1%. Therefore, it's no surprise that investors' attention is drawn to such a location directly in front of the Marina.

Especially as Colombo Port City continues to develop as a business and lifestyle destination, it is reported that Prime Marina 2 is generating interest not only among local investors but also among foreign investors and expatriate Sri Lankans, due to the opportunity to own a Marina-facing property right at its entrance. The reason for this is the potential for high capital appreciation as well as high rental income. Furthermore, even if it takes 10 to 15 years for the Port City to be fully developed, the area where this location is situated will be the first to become fully functional. That's another advantage.

Another point of discussion is the future potential of this location. Due to the limited number of frontline locations facing the Marina, even if Port City develops further in the future, such a frontline Marina location will not be recreated in Sri Lanka, which is why it has garnered attention from both the industry and the region.

Meanwhile, the introductory price for Prime Marina 2, starting from LKR 59 million, has also attracted special attention.

With easy access to Colombo city, proximity to the Marina, and the growing Marina lifestyle ecosystem of Port City, it's no coincidence that this location is a topic of discussion among property investors.

Therefore, the newest name heard when discussing Port City Colombo these days is Prime Marina 2.