Real Estate in Sri Lanka

When I was going to Sri Lanka, I have been looking for a suitable hotel, but soon came to the conclusion that it is better to book a villa on the beach. Firstly, it is cheaper than a hotel of a similar level, second best when you have a home, not a room at the hotel. The agent through whom I booked the villa, showed me a few houses and a little told about the real estate market in Sri Lanka.

After the defeat of the guerrilla organization "Liberation Tigers of Tamil Eelam" in 2009, the situation in Sri Lanka has stabilized and real estate has become an attractive investment. Prices began to grow rapidly and now buy a house on the island is not as profitable as back.

The land is measured in Pörtschach and ores. Rude - a unit of area in the English system of measures. The length of one side of a rectangular area of ​​1 ore is 1 Furlong (201 168 m), and the second side has a length of one rod (5, 0292 m). 1 ore = 1/4 acre = 40 square genera = 1011, 7,141,056 m2. Perch - a unit of measurement of distance. 1 kind of links = 25 = = 5 1/40 Furlong, 0292 meters.

Because communication only electricity, and the unstable, it is necessary to put the generator. Bottled gas, sewage - septic tanks.

Construction costs on average $ 60 per square foot including materials have good builders they charge $ 70. Construction of the 300-meter house will cost about $ 200 000. The cost of land on the shore in a good location about 25 000 dollars per one hundred square meters.

When buying a house is better not to draw on, but not specifically designed as an offshore company. Otherwise, expect to pay more taxes: the land purchase of 100% tax + 4.5% tax on the house. Also, when selling a home, you can not take money out of the country.

01. This villa has been recently built, its price is just 1.7 million dollars. Deep large swimming pool.

Its beach with palm trees.


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