Sri Lanka Property includes houses, prime lands, commercial plots, factories, guest houses and hotels, hospitals, plantations, tea gardens, vegetable farms and farm houses, and farming land.
Sri Lankan Property business is done through property agents primarily. Individual Brokers also engage in property business but to a limited extent. These properties can either be bought out or taken on lease. The unit of land measurement in
Sri Lanka Property dealings is perch. 1 Perch equals to 25 square meters.
Commercial Property
Sri Lanka Commercial Property would include offices, warehouses, shops, and factories. A few illustrations will help to understand
Sri Lanka Property Business.
- A 80 perch land on Colombo - Kandy highway with 60 ampere electricity connection, water well, shed and an air-conditioned chamber is being offered on a lease rental for LNR 150,000/-
- A three storied commercial building with a total floor area of 772 square feet on Bandarawela - Badulla highway has been priced at LNR 765,000/- for outright sale.
- A commercial building on 40 perch land on Puttalam - Colombo main road has been priced at LNR 9,900,000 for sale.
Plantation
Plantation is another form of
Property in Sri Lanka. Rubber and Coconut Plantations are two profit making investments in Sri Lanka. They are fairly large in number particularly in the South and South Western regions.
- A typical plantation in Delwita, Kurunegala spreads over 23 acres and 60 perches. It produces coconuts, banana, mango, pepper, cashew, copra, and coffee. The plantation has main line water supply and a well. The plantation also has a two bedroomed house. The Selling price of this Sri Lankan Property is LNR 15,000,000/-
Houses
Houses comprise a sizable section of all
Sri Lanka Property Dealings. Both old and new houses are bought and sold. An old two storied house in Kandy on 19 perches having 5 bedrooms, 4 wash rooms, living room, kitchen, servants quarters, has been priced at LNR 100,000,000/-
Factory
A garment factory in Mount Lavinia with a floor area of 7500 sq. ft, with separate quarters for the workers and the manager has been offered for LNR 160,000,000/-