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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

       

 

KANDY

SALE

Bungalow (3938)

No of pchs: 50

Floor area: 3200 sq.ft

An architect designed luxury & spacious single storied bungalow with a landscaped garden at Weddurburn rd (1.5 Km from the town)

Price: Rs.180,000,000/-

Details

GALLE

LEASE

Apartment (3867)

No of rooms: 03

Floor area: 750 sq.ft

A newly built luxury apartment with a magnificent sea view

on the 6th floor of Richmond hill

residencies-Wekunagoda

Rent: Rs.85,000/- pm

(fully furnished)

Details

 
       

COLOMBO-06

SALE

Apartment (3939)

No of bed rooms: 01

Floor areas: 505 sq.ft

A brand new studio type apartment

at JPKL res-Moor rd (adj the Miraj Hotel)

Price Rs.42,000,000/-

Details

 

COLOMBO-10

LEASE

Building (3863)

No of floors: 03 plus RT

No of rooms: 04

Floor area: 6,000 sq.ft

A spacious building with a fully covered roof terrace at Vipuasena mawatha

Rent: Rs.600,000/-pm

(for the full building)

Details

 
       

PANADURA

SALE

Land with commercial properties

(3940)

No of pchs: 307

A prime land with a building, bungalow & a Telecom tower facing Horana road at Wekada.

Price: Rs.15,000,000/-per pch

Details

 

RAGAMA

LEASE

Bungalow (3912)

No of pchs: 160

No of bed rooms: 03

Total floor area:   2000 sq.ft

A single storied newly refurbished bungalow with a large garden area facing Kurukulawa-Dalupitiya road

Rent: Rs.350,000/-

(fully furnished)

Details

 
       

ETHUL KOTTE

SALE

Land with a house (3941)

(15.01.2025)

No of pchs : 10.9

A prime land with an old house

at Maligawa road (with walking distance to Main Kotte road)

Price: Rs.5,500,000/-per pch

(Sold for the land value only)

Details

KOTTE

LEASE

Bungalow  (3913)

No of pchs: 15

No of bed rooms:03

No of floors: 02

Floor area: 4500 sq.ft

A newly built luxury bungalow at Dharma Rathana rd-Madiwela (close to the walking track)

Rent: Rs.765,000/-pm

(fully furnished)

Details

       

ETHUL KOTTE

SALE

Beach land (3942)

No of pchs: 45

A prime beach land 50 meters from Mirissa beach within the Mirissa Tourist zone

2nd block from the CMB-Matara main rd.

Price: Rs.1,800,000/- per pch

Details

PANADURA

LEASE

House (3904)

No of pchs:10

No of bed rooms:04

No of floors:02

Floor area: 3600

A luxury & spacious house on a private rd off Bodirukkama road (off Galle rd aprox 1.5 Km from Panadura junction)

Rent: Rs.125,000/- pm

(semi furnished)

Details

 
       

MORATUWA

SALE

House & apts (3943)

No of pchs: 15

No of rooms (House): 04

Apts: 02 each

Total floor area: 4560 sq.ft

A house & two apts in the same land (could be used as sep units) at First lane-Koralawella rd

Rs.70,000,000/-

Details

MT.LAVINIA

SALE

Newly refurbished colonial type

bungalow with a another two storied building behind (3937A)

(31.12.2025)

No of pchs: 26

No of rooms: (bungalow) 04

Building (GF) 02 (UF) 03

Floor areas: bungalow-1800 sq.ft

Prices: 125,000,000/-

(With all furniture)

 Details                   

       

WATTALA

SALE

Land with house (3859)

No of pchs: 20

A prime land with a five bed roomed livable house at 2nd Cross rd-Hekitta road (about 50 meters from the Colombo-Negombo main rd)

Price: Rs.6,000,000/-pp

Details

PILIYANDALA

SALE

House (3884B)

No of pchs: 08

No of bed rooms: 03

Floor area: 1800 sq.ft

A newly built single storied house at Gangarama road

Price: Rs.23,000,000/-

Details

 

       

ETHUL KOTTE

SALE

House (3944)

No of pchs: 20

No of bed rooms:

Main house-04,Apt-01

No of floors: 03

Total floor area: 5,400 sq.ft

An architect designed two unit house overlooking the Diyawanna Oya lake at Rampart rd

Price: Rs.112,000,000/-

Details

BATTARAMULLA

SHORT TERM

House (3945)

(24.01.2025)

No of pchs: 18

No of bed rooms: 07

Total floor area: 3000 sq.ft

A luxury & spacious house (fully furnished) at Koswatte

(Given on short term)

Rent: Rs.10,000/-per day

(max three months)

Details

       

MT.LAVINIA

SALE

Land with a house (3946)

(25.01.2025)

No of pchs: 10.9

A prime land with an old house close to the

beach at St.Rita's road (adj Dinemore restaurant at Galle rd)

Price Rs.3,300,000/-per pch

Details

 

KELANIYA

SALE

House (3947)

(26.01.2025)

No of pchs:10.5

No of bed rooms: 05

No of floors: 02

Floor area: 3000 sq.ft

A luxury & spacious house with landscaped garden at Samarasinghe road (off Vihara mw 500 meters from the Temple)

Price: Rs.45,000,000/-

Details

 
       
 
       

Open skies Flt training

 

Charter & scheduled flts

Helicopter for charter to fly to anywhere

in Sri Lanka

sheduled & charter flights to key destinations in sri lanka

Scheduled & charter flts to key destinations in Sri lanka 

 

charter flights to key destinations in sri lanka

Charter flts to key destinations in Sri lanka 

 

charter flights outbound from sri lanka

Charter flts outbound from

Sri lanka 

 

       
Automobiles
       

(07.01.2026)

SUZUKI SWIFT (C182)

2007 131,000 Km 1300 cc Petrol 2nd owner, Grey color.

Price: 5,200,000/-

(Colombo-04)

Details      

(07.01.2026)

HONDA VESSEL (C183)

2014 169,000 Km 1500cc Petrol Hybrid 3rd owner Dark Green.

Price: 8,500,000/-

(Colombo-04)

Details       

       

(07.01.2026)

MERCEDES BENZ (C184)

New V6 engine 26,000 Km 1984

3000 cc Diesel 3rd owner, Black color.

Price: 19,000,000/-

(Piliyandala)

Details        

(07.01.2026)

NISSAN XTRAIL HYBRID (C185)

TH32 2000 cc Petrol 1st owner Pearl white color.

Price: 11,000,000/-

(Battaramulla)

Details         

       

(09.01.2026)

NISSAN FB15 (C186)

2003, 230,000Km 1500 cc Petrol 6th owner Blue color

Price: 4,750,000/-

(Kandy)

Details         

(09.01.2026)

NISSAN SUNY N16 (C187)

2004,270,000 Km 1300 cc Petrol Manual 2nd owner Green color

Price: 4,300,000/-

(Piliyandala)

Details         

       

(09.01.2026)

MITSUBISHI MONTERO (C188)

2000, 145,000 Km 3500 cc petrol Triptonic 4th owner Silver color

Price: 10,700,000/-

(Gampaha)

Details         

(09.01.2026)

SUV AUDI Q3 (C189)

2016, 93,000Km 1500 cc Petrol 1st owner Red color

Price: 13,200,000/-

(Colombo-05)

Details         

       

(09.01.2026)

SUV PEUGEOT 5008 GT LINE (C190)

2019,69,000 Km 1200 cc Petrol 1st owner Black color

Price: 21,200,000/-

(Kohuwela)

Details         

(20.01.2026)

TOYOTA VITZ KSP130 (C191)

2015,65,500 Km done 1000 cc Petrol Auto 1st owner Blue color

Price: 7,300,000/-

(Ja-Ela)

Details          

       

(20.01.2026)

MERC BENZ C-200 (C192)

2018, 71,000 Km done,1500 cc Petrol 2nd owner White color

Price: 24,200,000/-

(Rajagiriya)

Details          

(20.01.2026)

SUZUKI WAGON R (C193)

2025, 600 Km done.650cc Petrol Hybrid 1st owner Pearl white

Price: 9,600,000/-

(Colombo-05)

Details          

       

(20.01.2026)

MERC BENZ C-180 (C194)

2019,47,000 Km 1500cc petrol 1st owner Black color

Price: 28,000,000/-

(Colombo-07)

Details          

(20.01.2026)

MERC BENZ C-320 (C195)

2000cc 158,000 KM 3200 cc Petrol 4th owner Gold color

Price: 7,000,000/-

(Colombo-05)

Details          

       

(27.01.2026)

AUDI Q2 CODRO (C196)

2018,62,000 KM 1000 cc Petrol Turbo 2nd owner

Price: 13,600,000/-

(Colombo-05)

Details           

(27.01.2026)

MERC BENZ E200 (C197)

2011,65,000 Km 1800 cc Petrol 2nd owner

Price: 13,900,000/-

(Colombo-03)

Details            

       

(27.01.2026)

TOYOTA OUTLANDER (C198)

2015,136,000 Km 2400cc Petrol 1st owner

Price: 38,300,000/-

(Colombo-06)

Details

(27.01.2026)

MAZDA CX6 (C199)

24,000 Km 2000 cc Petrol 2nd owner

Price: 12,200,000/-

(Colombo-06)

Details

       

(27.01.2026)

SUZUKI VITHARA JEEP (C200)

2013,1500 cc Petrol  2nd owner

Price: 8,700,000/-

(Colombo-06)

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                                                                                                          

 

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REAL ESTATE NEWS

Land Prices Surge Up to 20% as Real Estate Market Responds to Lower Rates and Economic Stability 0 Colombo, Sri Lanka

Sri Lanka’s real estate sector is demonstrating robust signs of recovery and renewed investor confidence in 2026, buoyed by a stabilizing economy and favourable market conditions with key indicators pointing towards sustained growth.

One of the most significant indicators of this recovery is the rapid appreciation of land prices in the Western Province. The report indicates an average year-on-year increase of 12% in the region for 2026. Suburban areas are leading this surge, with land prices in Colombo District’s suburban areas experiencing an average 20% increase. Piliyandala, for instance, recorded a 16% price increase, and both Athurugiriya and Homagama experienced 14% year-on-year growth. This trend suggests a shift in investor focus from the historically saturated city center to burgeoning suburban zones that offer strong infrastructure and development potential. In contrast, Colombo 1-15 saw a more moderate 7% price increase, underscoring the increasing appeal of outer-city investments. Beachfront lands are also in high demand, with southern coastal areas seeing average asking prices of LKR 2 million per perch, driven by tourism and interest from overseas buyers.

The report also notes that the residential apartment sector is beginning to stabilize following several years of sharp price swings. Year-on-year apartment sales prices increased modestly, with urban areas seeing rises from 0.2% to 2.8%, and suburban areas experiencing increases up to 2.9%. Rental prices have remained steady, particularly in high-end segments, reflecting sustained demand despite the broader market cooling. This shift indicates a cooling market environment and a transition from speculative activity to more structured, long-term investment behavior.

With an existing inventory of 37,000 units and an additional 8,200 expected by 2027, supply is ample, yet demand remains robust, especially for three-bedroom units. Overseas buyers account for a significant 27.7% of search traffic, according to LPW’s search traffic, emphasizing Colombo’s attractiveness to expats looking to invest, primarily due to the stabilizing environment and attractive square foot rates compared to the region and developed countries, when calculated in USD.

Housing demand in suburban locations has also picked up. Areas such as Malabe, Homagama, and Athurugiriya continue to gain traction among buyers due to improved infrastructure and relatively lower prices. Residential properties in Colombo 1–15 now start from LKR 60 million and above, while houses in key suburbs are priced from LKR 20 million. Rental yields in these markets remain healthy—around 3.5%—with monthly rents typically exceeding LKR 25,000.

Fuelling this broad-based growth is the greater availability of affordable financing. Following a 7.75% cut to the Central Bank’s Overnight Policy Rate, most commercial banks now offer home loans at rates averaging around 10%. This has made property ownership more attainable, particularly for middle-income buyers, and has reactivated demand among developers and end-users alike.

Commenting on the release of the 2025 edition, Daham Gunaratna, Managing Director of LankaPropertyWeb, commented: “We are proud to present the third edition of the Sri Lanka Real Estate Market Outlook Report, reinforcing our commitment to delivering timely, data-driven insights into one of the country’s most critical economic sectors. Over the past 12 months, we’ve observed a clear resurgence in real estate activity, with approximately 25 new developments launched and over 2,500 new units introduced to the market. In addition, several projects that had been on hold between 2020 and 2023 have now reached completion, adding around 3,600 new apartment units. As the broader economy stabilises and investor confidence returns, this report offers a comprehensive view of the evolving market landscape and the path ahead.”

With land prices climbing, the apartment market stabilizing, and access to credit steadily improving, Sri Lanka’s real estate market is entering a promising new phase of recovery marked by improved transparency, cautious optimism, and long-term investment opportunities.

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