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.