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Nuwara Eliya Apartment New Exterior View 768x468 1
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Advantages of having a second home away from home

Advantages of having a second home away from home

Nuwara Eliya Apartment New Exterior View 768x468 1

Are you contemplating a second investment on a property that can be your second home? This is a constantly nagging question that most of our buyers have. Especially when you are thinking of purchasing a second home away from home; most often this second home is likely to be a means of escape, a side income etc. The question is if it is worth the investment and most often our answer is it depends on the reason for investment.

Some of the Pros in investing in a second home can be that there is a potential income as you can use your house to generate additional income by renting it on a short term basis when you don’t plan on using it yourself and this concept is considered one of the best Investment opportunities in Sri Lanka. You will be part of a different community, allowing you to have more quality family time, it will be an asset (and your own) and finally will also help you to diversify your investments.

On Top of all the above, the most significant importance as we see today is that there is a massive rise in the need for Holiday Apartments in Sri Lanka. As a solution for this increased market opportunity At Global Housing & Real Estate (Pvt) Ltd we offer you properties that boast luxury, comfort and modernity and an escape from the busy life. Our properties are available for both sale and renting out allowing our buyers to also benefit from a passive ROI overtime.

Even Though the concept of Holiday Homes in Sri Lanka was existing in the past, today it has taken a new turn with the rise in apartments. Some of our best properties that are built aligning to the concept of a second home away from are; The Kingdom – Sigiriya, Grand Residencies – Nuwara Eliya, Ocean Breeze – Negombo.

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CategoriesInvestments Blog

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

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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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CategoriesInvestments Blog

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

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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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