Reality Lanka

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We bring properties in Sri Lanka to where ever you are!

If you are looking for a property in Sri Lanka for Lease or to buy we have a wide range of Properties to select from in many areas to suit your budget & requirements, you could visit our website www.realitylanka.com for photos & details of over 1000 properties such as houses, bare lands, factories, estates, hotels & guest houses. etc.etc. 

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(All below mentioned prices are negotiable)

FOR SALE

FOR LEASE

       

 

NUGEGODA

SALE

Apartments (2790)

02 & 03 bed rooms luxury apts in a newly built luxury apt complex at Poorwarama rd (100 meters from the Nugegoda junction)

Prices ranging from : Rs.19,500,000/- onwards

Details  

 

TRINCOMALEE

LEASE

Building (2789)

No of pchs: 12.5

No of floors: 03

Total floor area: 8250 sq.ft

(Each floor 2750 sq.ft)

A newly built three storied building facing main street

Rent: Rs.300,000/-

(for the full building)

Details  

       

BENTOTA

SALE

Resort hotel (2792)

No of pchs: 21.9

No rooms: 09

No of floors: 04

Total floor area: 4500 sq.ft

An ongoing resort hotel facing the sea & the lagoon (with plenty water sports-adj the former Sea sands hotel)Price: Rs.150,000,000/-

(negotiable)

Details  

COLOMBO-06

LEASE

Apartment(2791)

No of bed rooms: 03

Floor area: 1150 sq.ft

A three bed roomed luxury & spacious apt with furniture on the third floor of Oasis residencies-Anula rd (off Havlock rd).

Rent:Rs.100,000/- per month

(fully furnished)

Details  

       

NEGOMBO

SALE

Bungalow with estate (2794)

No of pchs: 150

No of bed rooms: 03

Total floor area: 4000 sq.ft

An ongoing villa/ holiday bungalow with a swimming pool & land down Divulapitiya road-Demangaha.

Price: Rs.150,000,000/-

(negotiable)

Details  

KELANIYA

LEASE

Ware house (2793)

Total floor area: 10,000 sq.ft

A newly built high roofed ware house with 40 ft container access at Sedawatte road-Kelanimulla.

Price: Rs.480,000/-per month

(negotiable)

Details  

       

COLOMBO-07

SALE

Apartment (2612A)

No of bed rooms: 02

Total floor area: 963 sq.ft

A luxury & spacious two bed roomed apt elegantly furnished on the fifth floor of Capitol7 residencies-Rosmead place

(adj Musaeus College)

Price: Rs.52,000,000/-

Details  

COLOMBO-03

LEASE

Apartment (2795)

No of bed rooms:03

Total floor area: 1260 sq.ft

A luxury & spacious apt on the first floor of the Premonade residencies-Sea avenue (bet the Marine drive & the Galle rd)

Rent:Rs.170,000/-per month

(fully furnished)

Details  

       

COLOMBO-07

SALE

Apartment (2612B)

No of bed rooms: 02

Total floor area: 911 sq.ft

A luxury & spacious two bed roomed apt elegantly furnished on the second floor of Capitol Elite residencies-Horton place

Price: Rs.47,000,000/-

Details  

COLOMBO-08

LEASE

Apartment (2798)

No of bed rooms: 03

Total floor area:  2300 sq.ft

A newly built three bed roomed luxury apt at Fairway elements residencies-Buthgamuwa rd

Rent: USD.2,000/-pm

Details  

       

COLOMBO-10

SALE

Land with a house (2796)

No of bed rooms: 07

No of floors: 02

Total floor area: 2800 sq.ft

A prime land with a two unit house situated down a private rd off Temple road (close to the Maradana junction.

Price: Rs.7,500,000/-per pch

(negotiable)

Details  

COLOMBO-03

LEASE

Office space(2800)

Total floor area: 1350 sq.ft

A first floor of a three storied building situated down a wide private rd off the Galle road close to the Colpetty junction.

Rent:Rs.160,000/-per month

(negotiable)

Details  

       

BENTOTA

SALE

Riverside bungalow (2797)

No of pchs: 60 (inc 21.27 resrv land)

No of floors: 02

No of bed rooms:04

Floor area: 3000 sq ft

A spacious two storied spacious bungalow with river frontage at Circular road-Bodimaluwa.

Price: Rs.49,000,000/-

(negotiable)

Details  

RAJAGIRIYA

LEASE

Apartment (2801)

No of bed rooms: 03

Total floor area: 1700 sq.ft

A newly built three bed roomed luxury apt at Fairway Elements residencies-Buthgamuwa rd

Rent: USD.1,500/-per month

Details  

       

BATTARAMULLA

SALE

Apartment (2799A)

No of bed rooms: 03

Total floor area: 1246

A three bed roomed luxury apt at newly built Prime Libra residencies at Denzil Kobbakaduwa mw (close to Koswatte junction)

Price: Rs.27,500,000/-

(negotiable)

Details  

WATTALA

LEASE

Ware house (2723)

No of pchs: 150

Total floor area: 25,000 sq.ft

A single storied high roofed solidly built ware house at Hamilton Canal rd (04 Km from Negombo rd)

Price: Rs.55/-(per sq.ft per month) (negotiable)

Details

       

RAJAGIRIYA

SALE

Apartment (2799B)

No of bed rooms: 03

Total floor area: 1315 sq.ft

A newly built three bed roomed luxury apt at the VERGE residencies-Buthgamuwa rd

Price: Rs.29,000,000/-

(negotiable)

Details  

ALUTHGAMA

LEASE

Restaurant (2724A)

No of floors: 02

Total floor area: 2000 sq.ft

An on going restaurant facing the Galle road at Aluhgama junction

Rent: Rs.250,000,000/-

(inclusive of all furniture, fittings, equipment & on going business)

Details

       

MOUNT LAVINIA

SALE

Apartments (2615)

No of bed rooms: 02 & 03

Total floor area: 815-1485 sq.ft

Newly coming up luxury apts at Beach road (close to the Galle rd)

Prices: Ranging from Rs.13.9 mil onwards (project over Dec 2019)

Details  

RAJAGIRIYA

LEASE

Building (2745A)

No of floors: 03

Total floor area:  6126 sq.ft

A three storied spacious building at Park lane (off Nawala road close to the rajagiriya junction)

Rent: 100/-(plus tax) per sq.ft (per month)

Details

       

RAJAGIRIYA

SALE

Apartment (2801)

No of bed rooms: 03

Total floor area: 1700 sq.ft

A newly built three bed roomed luxury apt at Fairway Elements residencies-Buthgamuwa rd

Price: Rs.48,000,000/-

(negotiable)

Details  

JA ELA

LEASE

House (2680)

No of pchs: 20

No of bed rooms: 04

Floor area: 2425 sq.ft

A luxury & spacious house elegantly furnished with exclusive antique furniture at Weliketiya-Pamunugama

Rent:Rs.125,000/- per month (fully furnished)

Details

       

MT.LAVINIA

SALE

House (2716)

No of pchs: 06

No of bed rooms: 03

Total floor area: 2300 sq.ft

A brand new luxury house situated down Udaya mw (off Templars rd close to Sidhalepa hospital)

Price: Rs.37,000,000/-

(negotiable)

Details

COLOMBO-06

LEASE

Apartment (2694)

No of rooms: 03

Total floor area: 1850 sq.ft

A luxury & spacious apt elegantly furnished on the 6th floor of the Sunset East tower-Trillium residencies-Elvitigala mw

Rent: USD.1,800/-pm

(fully furnished)

Details

       

COLOMBO-03

SALE

Bare land (2756)

No of pchs: 07

A prime land situated down Carmal place (opp the famous Gal palliya cloe to the Temple trees)

Price: Rs. 9,500,000/-per pch

(negotiable)

Details      

COLOMBO-07

LEASE

Bungalow (2710)

No of pchs: 18

No of bed rooms: 06

Total floor area: 5000 sq.ft

A luxury & situated down Cambridge place (close to the Colombo Museum)  Rent:Rs.800,000/-pm

Details 

       

NUGEGODA

SALE

Apartments (2802)

No of bed rooms: 03

Total floor area:1100 sq.ft

A three bed roomed spacious apt on the third floor of Global apts-Kanatte rd-Thalapathpitiya.

Price: Rs.18,000,000/- (negotiable)

Details   

DEHIWELA

SALE

House (2743)

No of pchs: 12

No of bed rooms: 03

Total floor area: 1850 sq.ft

A spacious single storied house down a private road off Aponso avenue (close to the newly proposed Marine drive)

Price: Rs.45,000,000/-

(negotiable)

Details

       

EHUL KOTTE

SALE

House (2803)

No of pchs: 10

No of bed rooms: 03

Total floor area: 3,500 sq.ft

A spacious & luxury house forth block from Kottte road down Uswatte mawatha.

Price: Rs.66,000,000/-

(negotiable)

Details    

MALABE

SALE

House (2741)

No of pchs: 7.5 & 7.4

No of bed rooms:04 each

No of floors: 02 each

Total floor area: 2550 sq.ft each

Two luxury & spacious houses at Koshena road-Kahantota

Price: Rs.21,000,000/-

(each house)

Details

       

RAJAGIRIYA

SALE

Apartment (2804)

No of bed rooms: 05

No of floors:03

Total floor area: 3000 sq.ft

A luxury & spacious three storied (two unit) house at Gunasekera Gardens (off Nawala rd)

Price: Rs.115,000,000/-

(negotiable)

Details     

COLOMBO-05

LEASEThree buildings (2625)

No of pchs: 400

Building (1)-3 floors

9,000 sq.ft

Building (2)-5 floors

25,000 sq.ft

Building (3)-7 floors

105,000 sq.ft

Three separate buildings in the same premises at Kirimandala mw (adj the Asiri surgical hospital)

Rent: (refer to dtls)

Details

 
 
 

If interested in any of the below given properties please contact us 

 

                          Reality Lanka Tel/fax: 2716920   Hotline: 0714920402    Viber: 0779004642   Email: info@realitylanka.com                                                                                                          

 

Location

 

Code No. Details price /rent
       

Apt-Sale-Col-03

138A A three bed roomed luxury apt (1339 sqft) on the 7th floor of Premonade res-Sea avenue (close to the Marine drive)

 

 

Rs.33 mil

 

       

Apt-Lease-Mt.lavinia

138B A two bed roomed luxury apt with sea view (1250 sq.ft) on the 3rd floor of Good hope res-Beach rd

 

 

Rs.85,000/-pm

(fully furnished)

 

       

Land-Sale-Col-04

138C

19.6 pchs land with a house sold for the land value at Aurthers place (behind the MC mall)

Rs.12 mil pp
       

Apt-Sale-Dehiwela

138E One bed apt 500 sq.ft with furniture on the fifth floor at Carlton res-Pepeliyana rd-Nedimala

 

Rs.12.5 mil

 

       

House-Sale-Dehiwela

138F A brand new two bed roomed single storied house on 06 pchs at Gemunu mw-Bekariya junctipn-Attidya Rs.22 mil
       

Apt-Sale-Col-08

138G A three bed roomed apt (1300 sq.ft) on the third floor of Manning town.flats-adj Trillium (adj Trillium res)

 

Rs.22 mil

 

       

Apt-Sale-Rathmalana

138H Three be roomed newly coming up apts at Ebert lane-Golumdama junc (1200 to 1600 sq.ft ready for occupation june 2019)

 

Rs.15.5 to 17.5  mil

 

       

Apt-Sale-Col-02

138K A two bed roomed luxury apt with furniture on the 31st floor of tow-02 at 320 residencies-Union place

 

 

USD.1,750/-pm

(fully furnished)

 

       

House-Sale-Col-06

138L Four three storied houses (4 bed each) (adj each other) built according to condomonium plan at Suranimala place-off Dutugemunu street-Pamankade

 

Rs.29.7 mil

 

       

Apt-Sale-Col-04

138M A two bed roomed apt with sea vie (950 sq.ft) on the 3rd floor of Span tower-Milagiriya ave (Deed avlble)

 

Rs. 22 mil

 

       

Apt-Lease-Col-05

138N A three bed roomed luxury apt (1600 sq ft) on the 5th floor of Spathodia residencies-Havlock rd

 

 

Rs.170,000/-pm

 

       

Office--Lease-Col-07

138O 2900 sq ft upper floor space of a two storied buiding on a private rd off Albert Cresent (with AC & ample parking) Rs.400,000/-pm
       

Ware house--Lease-Kelaniya

138P 10,000 sq.ft high roofed ware house space with 40 ft container access at Sedawatte rd-Kelanimulla junction

 

Rs.480,000/-pm

 

       

House--sale-Dehiwela

139B A two unit house with two bed rooms each on the ground & upper floor on 5.42 pchs on a private rd off Wijayaraja mw-Nedimala Rs.24.5 mil 
       

House--sale-Dehiwela

139B A two unit house with two bed rooms each on the ground & upper floor on 5.42 pchs on a private rd off Wijayaraja mw-Nedimala Rs.24.5 mil 
       

House--Lease-Mt.lavinia

139C A four bed roomed two storied house on 6.5 pchs on a private rd off Pirivena rd (close to the Galle rd)

 

 

Rs.80,000/-pm

 

       

House--Lease-Galle

139D A five bed roomed single storied colonial bungalow on 105 pchs at Ratuwella Edirisinghe rd-Kitulowita (about three km from the Galle town)

 

 

Rs.150,000/-pm

 

       

Land-Sale-Kalutara

139E 72 pchs beach land 100 meters from the Payagala railway station (Kalutara North) Rs.350,000/-per pch
       

Land-Sale-Thalawathugoda

139F 10 pchs prime land two blocks from Vidura college down Samagi mw off Hokandara rd Rs.1.3 mil pp
       

Land-Sale-Thalawathugoda

139G 11.5 land at Dodalanda gardens off Pannipitiya rd (two Km from the junction) Rs.1.5 mil pp
       

Land / House-Sale-Dehiwela

139H A single storied house at 2 bed rooms on 5.5 pchs at 2nd lane-off Parakum mw-Attidiya Rs.8.6 mil 
       

Office /Lease-Dehiwela

139K 1500 sq.ft second floor adj the Perlyn hotel facing the Galle rd by the Dehiwela junc. Rs.80,000/-pm
       

Office /Lease-Col-03

139L A four bed roomed two storied house (3000 sq.ft) at Charles drive (3rd block from Duplication rd) Rs.350,000/-pm
       

Office /Lease-Col-05

139M 750 sq ft offics space facing Thimbirigasyays junction (adj Seylan bank) Rs.80,000/-pm
       

Office /Lease-Derhiwela

139N 4500 sq.ft first floor office space in a new building facind s de s jayasinghe mw (near Anderson rd) Rs.200,000/-pm
       

Apt /Lease-Mt.lavinia

139O A two bed roomed upper floor apt of a modern house on a private rd off Sri gunaratne mw (opp kfc mtl)

 

 

Rs.50,000/-pm

(fully furnished)

 

       

Office /Lease-Mt.lavinia

139P A five storied new building (24000 sq.ft) facing the Galle rd (close to Arpico deh) (full AC, basement car park for 20 cars,lift,gene, transformer) Rs.1,800,000/-pm
       

Apt /Lease-Col-04

140A A three bed roomed new apt with furniture on the 6th floor of Blue Ocean res-Frankfort place

Rs.210,000/-pm

(fully furnished)

       

Land /Sale-Col-06

140B 16 pchs land facing the Marine drive Rs.16.5 mil pp
       

Office /Lease-Col-04

140C 7th floor of a brand new building facing Baudhaloka, mw (opp the Elite restaurant) -3420 sq.ft-full AC-generator-lift,3car parks

Rs.290/- per sq.ft

 

 

       

Office /Lease-Col-07

140D A brand new building on a private road off Ward place (bet Keinrich finance & cinnamon res apt)-3 floors-3500 sq.ft each floor. Rs.300/-per sq.ft pm
       

Office /Lease-Col-03

140E A brand new building at 5 th lane (second block fm Duplication rd)-4floors-17500 sq.ft-full AC-generator-lift-25 car parks-wall to wall carpetng. Rs.220/-per sqft pm
       

Office /Lease-Rajagiriya

140F A six bed roomed two storied house (3200 sq.ft) with four car parks-down Wasana mawatha (off Nawala road-opp the Fab resturant) Rs.280,000/-pm
       

House /Sale-Thalawathugoda

140G A four bed roomed two storied luxury house (2800 sq.ft) on 11.2 pchs at Eden garden res-Samagi mw

 

40.5 mil

 

       

Land /Sale-Battaramulla

140H 11 pchs bare land at School lane-Pelawatte Rs.4.5 mil pp
       

Apt /Lease-Col-04

140K A three bed roomed upper floor apt at Frankfort place (close to the Galle rd opp St.Pauls-Milagiriya)

 

 

Rs.75,000/-pm

 

       

Land /Sale-Kelaniya

140L 35 pchs bare land at Bodirukkarama rd-Waragoda Rs.850,000/-per pch
       

Ware house /Lease-Wattala

140M 10,000 sq.ft high roofed ware house with 2000 sq.ft office with 40 ft container access at Weralatuduwa rd ( 300 meters fm Negombo rd & Ja ela junction)

 

Rs.55/-per sq.ft pm

 

       

Ware house /Lease-Kelaniya

140N 3750 sqft high roofed ware house with 20 ft container access at Koholawila rd-Dalugama

 

Rs.150,000/-pm

 

       

Ware house /Lease-Ja-ela

140O 20,000 sq.ft newly built ware house with  container acess facing Negombo rd at Thudella

 

Rs.60/-per sq.ft pm

 

       

Building /Sale-Mt.lavinia

140P A six roomed three storied building on 5.5 pchs fifth block fm the Galle rd (opp mount lavinia courts)

 

Rs.32  mil

 

       
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REAL ESTATE NEWS

Real Estate Trends To Watch Out For In 2019 And Beyond

With the beginning of the New year 2019, it’s a good opportunity to see how the real estate market is likely to change in the coming years. While the primary functions of real estate remain the same – i.e. buying, leasing and selling, how it’s done and what people are transacting are changing. Below are some of the global and local trends likely to materialise in the near future.

Co-working moving from fringes to mainstream

The office co-working or shared space or hot-desking has taken off in recent years and has mainly been associated with startups.  The flexibility with short term contracts, no high upfront costs such as advances or buying furniture, not having to worry about cleaners or paying bills and generally having a lively and startup friendly community environment has made it a popular choice with startups and small companies in recent years.

However mid and large companies are also seeing the benefits of co-working and embracing it for similar or different reasons. While large companies may prefer to lease an entire building and house their staff in one place and not have issues with upfront costs, co-working benefits them in certain other ways, such as ability to scale up rapidly for short term or seasonal peaks (if they are limited for space) and also offer workers the ability to find a working place closer to home and cut back on travel time which then increases efficiency.  More and more larger companies are also exploring flexible working hours and remote working and, in some cases, allowing staff to mix work and travel together where they can work from a co-working space while exploring a new destination.

Another benefit is to rapidly and cheaply expand the operations in to new geographic locations either to setup a base for sales and operations or get access to the talent in that area. WeWork, an American company which is one of the leading players in this sector has risen to become a USD 20 billion company in the space of just 8 years and continues the trend of being a billion-dollar company but not owning any tangible assets, like Uber and Airbnb. An added benefit this industry bring is that any vacant space can be effectively utilized, reducing the amount of empty spaces in commercial and mix use developments plus reducing the burden on the landlord.  There are around half a dozen co-working companies currently operating in Sri Lanka and expect this to rise in the near future and also spaces to be opened in more cities around the country.

Informal accommodation to overtake hotel stays in the future?  

The tourist arrivals in Sri Lanka has been on the increase. The country being recognized as the best place to visit by Lonely Planet, will also help increase the visits and also put the country on the top list of destinations.

However, we’ve heard from recent press releases that the hotel stays have been on the decline and the hotels’ profits are dwindling. So, where do these additional tourists stay? The clue can be found in the number of informal accommodations that are on offer. An informal accommodation is non-graded and non-regulated accommodation like guest houses, villas and apartments. The biggest rise in recent times has been tourists staying in apartments (16% rise between Q1 2018 and Q2 2018).

According to Sri Lanka Tourism Development Authority (SLTDA), non-hotel stays (supplementary and unclassified establishments) account for 49% of the foreign guest nights in 2017. Which means nearly half the visitors are staying away from hotels and if the increase in trend continues soon hotels will be in the minority in terms of guest nights. This would also mean more property will be built and bought for the purpose of renting out for short term lets. This is a global trend and not only limited to Sri Lanka.

The rebirth of malls, but in a different format

While the super-mall is new to Sri Lanka and a few of them launched only as recently as a few months ago, countries which have had this concept are seeing a huge increase in mall closures. USA seems to be the most affected, followed by mature European markets. Established brands like Macy’s, JCPenney and Debenhams have announced store closures, mostly inside malls. The obvious reason for this has been a shift towards online shopping while costs to maintain huge floor space in prime locations has been increasing.

According to Credit Suisse, up to a quarter of the existing malls in the USA could be closed by 2022. This would leave a lot of empty retail space. In order to counter this, property owners and developers are looking in to other options than retail to fill the void. Some developers are turning malls in to experience centres where the family can enjoy with movies, activities and restaurants. Others are converting them in to office spaces.

Then there are some overseas developers who are planning to build an entire community around the malls, which are in the suburbs and out of town. They are building residential blocks, office spaces and even schools and medical centres – all components of a small town built around the mall. Therefore, the future mall may not be a collection of department stores and shops but experience centres where shopping, eating, watching movies and activities all happen in equal measure and more of them being built as mixed-use developments with residential, commercial, retail and hospitality all included.

From paper to Blockchain

This could be the biggest change in how a real estate transaction is done. Currently all deeds and related documents are paper based. Although there is an initiative to digitise these, it’s a long way to go to digitise all the land registries. However, while we’re struggling with that, other countries have taken a step further and included all the deeds in to Blockchain systems. The Blockchain platform, built as the backbone for Cryptocurrencies like Bitcoins, have been adapted for other purposes, with managing real estate records being one of them.

It stores all historical data in a ‘chain of blocks’ so all historical ownership records can be viewed for a given plot of land. Since the platform doesn’t allow any historical data to be modified but adds a new ‘block’ to the chain when a change is made, any fraudulent modifications can be blocked. Plus, the decentralised nature and complex scrutiny of the data before it’s accepted makes Blockchain based systems ideal for an industry like real estate where tracking modifications and ensuring trust in data is vital. Already a few countries in the world like Dubai have adapted a Blockchain system where all property transactions can be carried out paperless from anywhere in the world. Such flexibility and added benefits make Blockchains one of the biggest disruptors in the industry and something that will change how property transactions are carried out in future.


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