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Property Overview

Land For Sale at Wennappuwa

Price: LKR 11250000
Location: Wennappuwa, SRI LANKA
Property Type: Plot of land
Ad Type: Buy-Sell

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Property Details

Land For Sale at Wennappuwa

INTRODUCTION

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Around the year 1766, during the Spanish colonialization of Peru, just steps from the main plaza of the city of

Arequipa, the construction began on one the most valuable colonial mansions of the city, the Casona Ugarte. For its

distinguished design, this architectural marvel, registered in the National Cultural Institute (INC), and declared a Cultural

Patrimony to Humanity by UNESCO at the start of the 21st century, has withstood total collapse from seismic activity.



While some minor structural faults existed, in October, 2003, SEPA del Peru, NGO dedicated to social development in

the areas of education and cultural protection, began restoration of this historic monument, inspiring a grand period of

restoration of many historic buildings throughout the city. With pure heart, respecting the artistic and architectural

aspects, SEPA del Peru has accomplished the recuperation of the majority of this unique property.

Colonial period

religious murals and ceiling paintings from the Republican Period were discovered, respected and protected, all of which give

an added value to this important property. The work done was thanks to the patience and pride of dozens of Peruvian artisans

with the technical support of foreign consultants with the objective of achieving an unequaled restoration of the property.



Today, SEPA del Peru has as its goal to expand its vision and looks to sell this beautiful property of 1,332 m2, to

an individual or group who can continue to follow the pure intentions to restore the cultural, historic, architectonic, and

commercial value of the property.

The location of the property is ideal for an international cultural center or

hotel. Over 10,000 people pass by this monument daily. It is located only a few steps from the city`s Main Plaza and much

restoration of properties in the area have taken place over the past three years, increasing the value of this area of the

city.

ECONOMIC AND TOURIST DEVELOPMENT IN THE AREA-

The city of Arequipa has dramatically increased its role

as a service city for travel and tourism over the past 10 years, with its impressively diverse local and international

cuisine and charming accommodations. As well, the completion of the Inter-oceanic Highway from Brazil will strategically

place Arequipa as a major provider of services and other benefits in support of this innovative project.

In 2006, the

Peruvian Stock Exchange, achieved the honor of having the world`s highest global investment returns thanks to the strength of

its currency and major developments in the mining sector. Throughout the last 12 years, the stability of Peru`s economic

situation has reached one of the highest levels of confidence in Latin America and is currently in the process of signing a

new Free Trade Agreement with the USA, document which has already passed the US Congress on Dec.5th, 2007.

The alpaca

fiber as well has its roots in the city of Arequipa. The city has been known for decades as being the world`s center for

alpaca trade and development of this and other delicately outstanding South American camelid fiber.

Over the past two

years, the majority of antique non-religious Colonial mansions in Arequipa have been purchased for restoration. Sadly, in

many cases, the Architectural integrity of these building has not been preserved. Contractors have destroyed much of the

historical and cultural value for commercial and economic gain. Certainly the availability of properties so close to the

city`s main square does not exist a


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