1 bed Apartment for sale in Western Province, Sri Lanka
Asking: $ 239,000
Sri Lanka opens its doors to global property investors
The island nation of Sri Lanka in South Asia, off the coast of India, has swung open its doors to global investment. Luxury property is booming and the country is now welcoming foreign ownership of real estate, with a wave of new measures announced in 2016 having come into force in April 2017. The new regulations permit the ownership of freehold property by nonresidents(but only above the 4th floor) and money can be freely brought in and easily repatriated. Capital gains tax does not apply, and mortgage products targeted at international buyers launched in April at 40% LTV
Check into the one & only freehold beachfront investment in Sri Lanka
Dusit Thani Sri Lanka, located on the sought-after west coast, offers the opportunity to invest in an exciting and secure emerging marke...
Land-Plot for sale in Vakarai, Eastern Province, Sri Lanka
Asking: $ 19,000
This unique beachfront property is nestled between the sea on one side and the lagoon on the other. All the plots have either a sea frontage or the lagoon frontage, and some have both (please refer to the plan).
li>The land is amazingly suited for holiday villas /li>
li>The beach is gorgeous with small bay, coral islands nearby and great diving spots /li>
li>The property is reached by a 3 minute boat ride /li>
li>Trincomalee is 1 hour drive /li>
li>Batticaloa is 1 hour drive /li>
li>Polonnaruwa is 1 hour drive /li>
li>Passikkuda is 30 minutes' drive /li>
We have secured a piece of land for a car park and amenities, which is 50 metres from the Trincomalee to Batticaloa Road (A15), from where boats can be taken to the property.
The clean title goes back to 1953.
Early interest advised to avoid disappointm...
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