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Top reasons to invest in Sri Lankan real estate market

Top reasons to invest in Sri Lankan real estate market

Lately Real Estate Investment in Sri Lanka has been a hot topic amongst investors and as result of the demand there has been a massive rise in developments of New Apartments in Sri Lanka. A probing question from most of our potential investors / buyers has been why Sri Lanka and what are key reasons to invest in our tiny island. Well, here is why we at Global Housing and Real Estate (pvt) LTD believes Sri Lanka should / could be your next favorable investment.

Picture a view from a sky rise apartment where the ocean is the first thing you wake up to and the crashing waves, salty breeze is the last thing you experience before bed. Being called the paradise island in the Indian ocean offering multiple landscapes of Ocean, Lush greenery and everything nature could offer, this is just a glimpse of modern day living in Sri Lanka.

Located in a strategic geographical location, our tiny island is right in the center of a commonly used trade route in the global market and is also rich in so many natural resources. Even though the country is considered a developing nation it is home to a vigorously growing metropolitan city and upcoming global hub; Colombo and Port city respectively are big selling points.

On the other hand, Sri Lanka is also a popular tourist destination and as result attracts many investors and elite locals who are seeking for property investments as the growth potential in the real estate markets have been showing great hikes.

As per market research, insights and with the experience we hold being the #1 Hotel Residency Developer in Sri Lanka it has come to our attention that there are a multitude of Upcoming Apartments in Sri Lanka, and we assure our clients that we bring a combination of different product categories to the table so that it allows them to suit the best investment that will enable large returns over time. 

Our developments range from traditional Apartment, Hotel Residency or Mixed developments. Some of our upcoming projects are Ocean Breeze – Negombo (bringing in the best of the coastal of Sri Lanka), Marriott Residencies – Colombo 06 (an upcoming project that brings modern living and comfort amidst the hustle and bustle in Colombo), The Kingdom – Sigiriya (a beautiful project that meets heritage and modernity), Grand Residencies – Nuwara Eliya (a project that will open doors to experience the beautiful hill country).

According to real estate market experts, if the property development and real estate market continues to grow Sri Lanka might even be the next Singapore.

 

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CategoriesBlog Investments

Huge gain potential for the Investors in Sri Lanka. Don’t miss the opportunity

Huge gain potential for the Investors in Sri Lanka. Don’t miss the opportunity

The talk of the town in the most recent Sri Lankan Real Estate News is the prevailing up & coming real estate Investment opportunities in Sri Lanka. It has been identified that there is a massive gain potential for investors keen on investing in the Sri Lankan Real estate market and therefore you shouldn’t miss the opportunity.

At Global Housing and Real Estate (pvt) LTD, we have been the #1 Hotel Residency Developer in Sri Lanka and with our experience over a decade in the market we can affirm that the real estate market (especially in and out Colombo) being inaccessible to most Sri Lankans is now a myth.

If you are a potential investor / buyer seeking for Investment opportunities in Sri Lanka, we assure you that now is your window of opportunity and here is why we think you should consider it.

Today, the interest rates in Sri Lanka are possibly the lowest that it has ever been in the recent past and the fixed incomes have also radically taken a downward trend whilst the most secure method of saving (for Sri Lankans specially) “the fixed deposits” are extremely unattractive as a result of the drastic drop in interest rates. Therefore, our suggestion and advice to all our clients / inquirers is that if you are at least keen in preserving the value of the money your best bet is a good real estate investment.

However, it is also our responsibility to emphasize that these investments do come with a risk as it will all depend on your place of investment and purpose thus, it is crucial to understand the market dynamics and the external factors.

Being in the market for so long we are here to advise you and guide you regardless of if you are a 1st time buyer or a returning investor. It is with the long-term experience we have diversified our projects to cate to client needs. As a result of the constant market research today we offer a range of properties in our portfolio starting from traditional Apartment, Hotel Residency or Mixed development consisting of commercial and residency mix for higher long-term return.

There is an evident opportunity in property investments currently in Sri Lanka and if you are keen in exploring your opportunities speak to us and our team will assist you.

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Here are five things to consider when buying an apartment in Sri Lanka

Here are five things to consider when buying an apartment in Sri Lanka

Apartments have become a pervasive attribute across the Sri Lankan urban development landscape since the recent past. Purchasing an apartment is a significant decision that has to be made considering multiple factors as it involves a hefty amount of money involved and it is not a reversible decision that can be done overnight.

At Global Housing and Real Estate (PVT) Ltd we pioneer in the building, operating & managing services related to property development offering affordable real estate in Sri Lanka. As the luxury apartment real estate market continues to grow the apartments for Sale in Sri Lanka is in an increasing trend creating a surplus in choice for the buyers making it difficult to narrow down their choices.

There are several crucial factors that require attention pertaining to the purchase decision and here are five factors to consider if you are keen to buy an apartment in Sri Lanka. This simple compilation based on our expertise over a decade will help buyers to navigate swiftly to make the right decision before you make a lasting commitment to the investment.

  • Know your developer

    The developer plays a vital role as the capacity to deliver what they promise is important. However, there are multiple companies that build apartments around the island but selecting the one that comes with expertise, experience and credibility is not easy to find. Best advice is to narrow down your choices then visit us (developers), visit similar projects that have been completed and are in progress to get a hands on experience

  • Location of the property

    It should be top of the list when looking to buy an apartment in Sri Lanka and to ensure it aligns with the purpose of your purchase, residential living, holiday home etc.

  • Know what you can afford

    And then narrow it down alongside your requirements as factors like Number of rooms, bathrooms, living room, pantry, laundry room, and other amenities will also affect the price of the apartment.

  • Facilities

    Facilities that come along with apartments is another key factor because most often buyers look for an apartment for convenience thus, prior knowledge on what facilities do you predominantly require will help narrow down.

  • After sales service & maintenance

    After sales service & maintenance is another crucial factor as the property maintenance is important because it will be a shared parking lot, elevators etc. Thus, maintenance is critical.

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