The Anantara Peace Haven Tangalle Resort overlooks a palm tree-framed beach. Courtesy Anantara Hotels, Resorts & Spas
The Anantara Peace Haven Tangalle Resort overlooks a palm tree-framed beach. Courtesy Anantara Hotels, Resorts & Spas

My Kind of Place: Tangalle, Sri Lanka



Why Tangalle?

After more than a decade of rebuilding in the wake of the 2004 tsunami, this backpackers’ beach haven on the south-east coast of Sri Lanka – pronounced Tan-GAH-leh – is kicking it up a notch, with the arrival of big-name luxury beach resorts to its seductive, palm-tree-lined shores. So at this moment it’s an ideal mix of polished and rough: you can stay in the luxury surrounds of a familiar hotel chain while venturing out to discover the charm of rural fishing villages and fields of rice paddies, interspersed with Buddhist temples encircled by elephant-head fences. It’s also a suitable base for combining a beach holiday with a visit to Udawalewe National Park, Sinharaja Forest Reserve or the Handunugoda Tea Estate.

A comfortable bed

The newest luxury choice is Anantara Peace Haven Tangalle Resort (www.anantara.tangalle.com; Dh1,048 a night including taxes and breakfast), on the grounds of a former copra plantation that overlooks its own beach on the Indian Ocean. Among the many activities it offers, such as mask carving and a nightly sundown ceremony, the amusing staff can arrange cultural visits, including shopping for ingredients at the local market that you then use to make a Sri Lankan meal. Around the corner, the Amanwella (www.aman.com) has just been refurbished; rooms cost from $812 (Dh2,980) per night including taxes.

Budget options include staying on stilts at Palm Paradise Cabanas (www.beach.lk; a cabana costs $105 [Dh386] a night including breakfast, dinner and taxes), located in a palm grove near Tangalle Beach, or Saman Homestay, which is a short walk to Medaketiya Beach and has scooters for rent (No 6 Medaketiya Road, Dh55 including taxes). Somewhere between the many budget guest lodges and the high-end resorts, it's worth checking out two unique boutique hotels: The Last House, designed by Geoffrey Bawa (www.thelasthouse.com; rooms start at about $165 [Dh606] a night), and Maya, a stylishly remodelled 19th-century manor house (mayatangallesrilanka.com; about $190 [Dh698] a night).

Find your feet

On the southern tip of Sri Lanka, Tangalle is less visited than the most popular resort areas. If you take a seaplane from Colombo, you’ll land at what might be the world’s most picturesque airport in Dickwella, just a shack near a dock on Mawella Lagoon, about 15 minutes from Tangalle. The 40-minute plane ride will spare you the 3.5-hour drive and provides a mesmerising bird’s eye view of Sri Lanka. The town of Tangalle, jammed with mobile-phone shops and tuk-tuk traffic, is a good pit stop for daytrips. To the west, there’s whalewatching in Mirissa (a 1.5-hour drive) and the historic fortress city of Galle (another hour past Mirissa). About half an hour to the north, explore the painted caves of the Mulkirirgala Rock Temple. To the east, nature lovers will be drawn to turtle-watching in Rekawa, the Kalametiya Bird Sanctuary and wildlife tours of Yala National Park.

Meet the locals

You can’t get more local than Tangalle’s Fishing Harbour, where you’ll find fishermen unloading the catch of the day from their colourfully painted boats. They’ll charge you 100 rupees (Dh2) for entry, but they’ll also let you climb on board their boats for a photo. Also worth exploring is the Vegetable Market on Ennapitya Road, near the bus station, a collection of covered food stalls with exotic fruits and spices.

Book a table

For a night out, Il Mare at Anantara’s resort serves freshly caught seafood and some superb pasta (try the gorgonzola gnocchi) along with a stunning sunset view from its clifftop terrace. For budget dining with a view of Medaketiya Beach, try the open-air Gayana, where you can have fish Sri Lankan-style with rice and coconut salad (1,100 rupees [Dh26]) followed by Sri Lankan coffee served in a teapot (440 rupees [Dh11]). Maya boutique hotel serves a set menu featuring Sri Lankan fusion, but you’ll have to arrange ahead of time if you’re not a guest (mayatangalle@gmail.com); it’s worth it just to relax on the shaded terrace overlooking the paddy fields.

Shopper’s paradise

There isn’t much high-end shopping in Tangalle, but the Anantara resort hosts a selection of some of Sri Lanka’s best-known brands, including the jeweller Sifani (a must for Sri Lankan sapphires) and the surprisingly good-value Barefoot, for brightly coloured textiles, soft toys and bags handmade by local artisans. For local souvenirs, visit Sanu Craft on Mattar Road. It has a wide selection of local crafts, such as wooden masks and leather bags, some of which are made in the on-site workshop.

Don’t miss

Watching the sun set from Tangalle’s idyllic beaches, framed by towering palm trees, isn’t just a blissful way to end the day; it also makes for great Instagramming.

What to avoid

Driving. The narrow streets are clogged with choppy and slow-moving traffic, so while you may feel the urge to venture out on a daytrip, allow extra time.

Getting there

Etihad (www.etihad.com) and Emirates (www.emirates.com) fly direct from the UAE to Colombo from Dh1,300 return, including taxes. A Cinnamon Air seaplane from Colombo's Bandaranaike International Airport to Dickwella costs $520 (Dh1,900) return, including taxes.

mgannon@thenational.ae

Company Profile

Name: HyveGeo
Started: 2023
Founders: Abdulaziz bin Redha, Dr Samsurin Welch, Eva Morales and Dr Harjit Singh
Based: Cambridge and Dubai
Number of employees: 8
Industry: Sustainability & Environment
Funding: $200,000 plus undisclosed grant
Investors: Venture capital and government

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Company Profile

Company name: Hoopla
Date started: March 2023
Founder: Jacqueline Perrottet
Based: Dubai
Number of staff: 10
Investment stage: Pre-seed
Investment required: $500,000

Company profile

Company name: Letswork
Started: 2018
Based: Dubai
Founders: Omar Almheiri, Hamza Khan
Sector: co-working spaces
Investment stage: $2.1 million in a seed round with investors including 500 Global, The Space, DTEC Ventures and other angel investors
Number of employees: about 20

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.