News letter from Reality Lanka-May 2026

 

Real estate & web advertising in Sri Lanka

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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Are you planning to buy a property in Sri Lanka?

 

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Whether you’re a first-time buyer or an experienced investor, making the right decision requires careful planning and a clear understanding of the process. The very first step is to decide your budget. This is crucial, because your financial capacity will influence every other decision you make. Think about how much you can comfortably afford, whether you’re using savings, a bank loan, or a combination of both. Don’t forget to factor in additional costs such as legal fees, taxes, and potential renovation expenses.

 

Next, determine the category of property you’re looking for. Ask yourself: are you interested in purchasing land, a house, or an apartment? Each option comes with its own advantages. Land offers flexibility for future development, houses provide immediate living space, and apartments—especially modern condominiums—offer convenience and security, particularly in urban areas.

 

Once you’ve decided on the type of property, narrow down the towns or locations you’re interested in. Location is one of the most important aspects of property investment. Consider factors such as proximity to your workplace, schools, hospitals, and transportation facilities. Also think about the long-term potential of the area—whether it is developing, stable, or already highly commercialized.

 

After identifying your preferred locations, you should decide on the extent of land that fits within your budget. In urban centers, land prices tend to be significantly higher, meaning you may have to compromise on size. In contrast, suburban or rural areas might offer larger plots at more affordable rates.

 

You should also decide how many rooms or how much space you need. This depends on your lifestyle, family size, and future plans. For instance, if you’re planning to expand your family or work from home, you may need additional rooms.

 

Once you have a clear idea of your requirements, start shortlisting properties. You can use newspapers, real estate agents, and especially online platforms. Websites are particularly useful because they often provide detailed descriptions, photographs, and sometimes even virtual tours. This allows you to filter options efficiently and make informed decisions before physically visiting the properties.

However, no matter how good a property looks online, it’s essential to visit it in person. A physical visit gives you a better understanding of the surroundings, the condition of the property, and any potential issues that may not be visible in photos. Take your time during these visits—observe the neighborhood, check access roads, and evaluate the overall environment.

 

As you visit multiple properties, compare them carefully. List out the advantages and disadvantages of each one. This will help you make a more objective decision rather than relying purely on first impressions.

 

There’s a well-known saying in real estate: a bad property in a good location is better than a good property in a bad location. While this may sound surprising, it highlights the importance of location. A property in a prime area will generally appreciate in value over time and offer greater convenience, even if the structure itself is not perfect.

 

In Sri Lanka, land values closer to major towns and cities are significantly higher. Because of this, many buyers are now opting for condominiums. Apartments offer a practical solution for those who want to live in central locations without the high cost of purchasing land.

 

Another option to consider is buying land now and building a house later. This approach allows you to invest in property while saving money for construction over time. It also gives you the flexibility to design your home according to your preferences when you’re ready.

 

Generally speaking, property values tend to increase over time, often outperforming traditional bank investments. While this is not guaranteed, real estate has historically been a strong asset class, especially in growing markets.

 

Once you’ve selected a suitable property, the next step is to verify all the necessary documents. This is a critical stage and should not be overlooked. You’ll need to obtain documents such as the deed, survey plan, Certificate of Conformity (COC) for buildings, non-vesting certificates, and street line certificates. These documents should be handed over to a qualified lawyer, who will check their authenticity and verify details with the land registry and municipal council.

 

If everything is in order, you can proceed to sign a sales agreement. This agreement outlines the terms and conditions of the purchase and protects both the buyer and the seller.If you’re planning to take a bank loan, keep in mind that the bank will usually conduct a thorough title search, often going back up to 30 years. This ensures that the property has a clear legal history and is free from disputes.

 

It is also advisable to pay a reservation fee once you decide to purchase a property. This shows your commitment and helps secure the deal, as many sellers operate on a first-come, first-served basis. However, make sure there is a clear agreement that the fee will be refunded if any issues arise during the document verification process.

 

Buying property is a major investment, and taking a structured approach will help you avoid costly mistakes. By carefully considering your budget, location, property type, and legal requirements, you can make a confident and informed decision.

 

Happy property hunting! And if you need guidance at any stage, don’t hesitate to seek advice from experienced professionals in the real estate market.

 

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Featured properties

 

A six bed roomed luxury house with a swimming pool at Station rd-Mt.lavinia for sale

 

 

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A six bed roomed two storied modern house at Rupasinghe rd Nedimala Dehiwela For Sale

 

 

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(All below mentioned prices are negotiable)

FOR SALE

FOR LEASE

       

 

NUGEGODA

Bare land (3955)

No of pchs: 18.5

A prime land at Ruberwatte road-Gangodawila (close to the Fingara club)Price: Rs.2,800,000/-per pch

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

       

 

COLOMBO-03

Apartment (3956)

No of bed rooms: 03

Floor area:1550  sq.ft

A newly built luxury apt at Altitude residencies-Abdul Gaffoor mw (close to the Galle rd side)

Prices: Rs.108,500,000/-

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

       
DEHIWELA

           Modern House (3957)

No of pchs: 14

No of bed rooms: 06

No of floors: 02

Floor area: 6000 sq.ft

An architect designed modern house at Rupasinghe road-Nedimala

Price:Rs.150,000,000/-

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

 
       
KANDY

Bare land (3958)

Extent: 14.9 pchs

A prime land at Pitakande rd-Nittawala within the Kandy Municipal limits about two Km from the town

Price: Rs.1,500,000/-per pch

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                   

       
HANWELLA

Building with a restaurant (3959)

No of pchs: 160

No of floors: 02

Total floor area: 5000 sq.ft

An ongoing restaurant with a two storied building facing Ratnapura road at Kaluaggala

Price: Rs.250,000,000/-

(includes furniture & fittings)

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

       
MOUNT LAVINIA

House (3960A)

No of pchs: 12

No of bed rooms: 05

No of floors: 02

Floor area: 3000 sq.ft

A luxury & spacious house at Templar's rd (close to the Sidhalepa hospital)

Price: Rs.80,000,000/-

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

       
MOUNT LAVINIA

House (3960B)

No of pchs: 15

No of bed rooms: 03

No of floors: 02

Floor area: 2000 sq.ft

A luxury & spacious house on a wide private rd off Templar's rd (close to the Galle rd)

Price: Rs.85,000,000/-

Details

KADAWATHA

SALE

Bare land (3933)

(11.12.2025)

Extent: 40 pchs

Prime land with a partly built five bed roomed two storied house at ARalia Uyana-Pahala Biyanwila

(800 meters from Kandy rd)

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

Details

 
       
MOUNT LAVINIA

Bungalow (3961)

No of pchs: 36

No of rooms: 06

No of floors: 03

Floor area: 6000 sq.ft

A luxury & spacious bungalow with a large landscaped garden with a swimming pool & a panoramic beach view down Station road

Prices: Rs.250,000,000/-

Details

MORATUWA

SALE

Bare land (3934)

(15.12.2025)

No of pchs: 40

A prime land bordering the Bolgoda lake at Thelawala rd-Katubedda

(End of Rahula mw)

Price: Rs.2,800,000/-per pch

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

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

       

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

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

       

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

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                   

       

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

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

       

MORATUWA

SALE

Bare land (3934)

(15.12.2025)

No of pchs: 40

A prime land bordering the Bolgoda lake at Thelawala rd-Katubedda

(End of Rahula mw)

Price: Rs.2,800,000/-per pch

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

       

RAGAMA

SALE

House (3914)

No of pchs: 20

No of floors: 02

No of bed rooms: 05

Floor area: 2476 sq.ft

A luxury & spacious house with a landscaped garden at Lanka

Mawatha mw-Mahabage (300 Km to Negombo rd & two Km to Kerawalapitiya highway exit)

Price: Rs.60,000,000/-

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

       

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

NUWARA ELIYA

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

       
DEHIWELA

Land with a house (3953)

No of pchs: 18.31

A prime land with a single floor livable four bed roomed house at Greenland avenue (off Anderson road)-Nedimala

Price:Rs.4,300,000/-per pch

Details

   
       
       
 
       

NUGEGODA

Land Sale (blf72)

08 pchs bare land on a private Rd 3rd lane Jayamangalama road off Stanley Thilakeratatne mw Mirihana Location:  

https://maps.app.goo.gl/1C8sqi8oL

dKBNqsk8?g_st=aw

Photos & details

MAHARAGAMA

House rent (3211)

No of pchs:10

No of floors:02

No of bed rooms: 03

Floor area: 2300 sq.ft

A newly built luxury house at Neelamahara

Rent:Rs.200,000,000/-

Details 

       

RATMALANA

Land Sale (blf29)

No of pchs: 10.11 & 8.6 pchs

Bare lands second block from the Galle rd close to the maliban junction

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

Details 

 

RATMALANA

Land Sale (blf73)

Bare lands (BLF-73)

No of pchs: 18.22 pchs

A prime land in a highly residential area at Ratmalana at Mallikrama rd-Sirimal uyana

Price: Rs.4,000,000/- per pch

Details 

 
       

DEHIWELA

Land with a building(blf74)

No of pchs: 08

A prime land with a two storied building at Ranajayagama rd off Waidya rd (100 meters from the Galle rd)

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

Details 

PASIKUDAH

Beachland Sale (blf75)

7.5 acres of prime beach land with a 81 ft wide private beach area close to Malu Malu restaurant

Details 

 
       

COLOMBO-03

Apts (ASF48)

No of bed rooms: 04

Floor areas: 1465 sq.ft

Newly coming up apts at 9th Lane (between the Galle rd & the Marine drive)

Price Rs.108,000,000/-onwards..

Details 

 

COLOMBO-15

Apts (ASF49)

No of bed rooms: 01

Floor areas: 530 sq.ft

Completed apts at Aluth mw road

Price Rs.21,500,000/-onwards..

Details 

 
       

COLOMBO-04

Apts (ASF50)

No of bed rooms: 01-02 &03

Floor areas: 740-945-2650 sq.ft

Newly coming up apts facing the Marine drive & bordering Ridgway place

Price Rs.49,900,000/-onwards..

Details 

COLOMBO-06

Land (blf43)

A prime land with a livable house at Poorwarama rd (access from Nugegoda as well as Kirulapone)

Details 

       

MT.LAVINIA

Land (blf61)

15 pchs down Station road

Details 

 

MT.LAVINIA

Land (blf48)

25 pchs land at Gangadara mw off Templars road (easy access from Pirivena rd opp Ratmalana bus depot)

Details 

 
       

MT.LAVINIA

Land (blf42)

56.5 (19+37.5)  pchs with an old house at Athula mw end of Pirivena rd

Details 

 
   
       
       
Automobiles
       
       

(03.04.2026)

AUDI Q2 (C226)

2018,62,000 Km 1000 cc Turbo Petrol 2nd Owner

Price:12,900,000/-

(Col-05)

Details                

(03.04.2026)

MERC BENZ S-500 (C227)

2010, 36561 KM,5461 cc  Petrol 1st Owner

Price:24,000,000/-

(Col-03)

Details                

       

(03.04.2026)

SUZUKI ESCUDO (C228)

2007, 122,000 Km, 2000 cc Petrol 3rd Owner

Price:7,300,000/-

(Ratmalana)

Details                

(03.04.2026)

TOYOTA V8 SUV(C229)

2013,4061 KM 4500cc Diesel,1st Owner

Price:47,200,000/-

(Pita Kotte)

Details                

       

(03.04.2026)

NISSAN XTRAIL SUV (C230)

2013, 2000 cc Diesel  177,500 Km, 1st Owner

Price:12,700,000/-

(Battaramulla)

Details                

(07.04.2026)

MERC BENZ E200 CAR (C231)

2004,155,000 Km 1800cc Petrol 4th owner

Price:8,000,000/-

(Battaramulla)

Details                 

       

(07.04.2026)

ISUZU DIGHORN SUV (C232)

2002,196,000 Km 3500 cc Petrol 5th owner

Price:13,500,000/-

(Col-09)

Details                 

(07.04.2026)

TOYOTA ALLION CAR (234)

2016,232,000 Km 1500 cc Petrol 1st owner

Price:12,900,000/-

(Kadawatha)

Details                 

       

(07.04.2026)

TOYOTA CORONA CAR (C235)

1983, 1500 cc Petrol (Also LPG) Manual 14- 7th owner

Price:1,080,000/-

(Maharagama)

Details                 

(14.04.2026)

NISSAN MARCH K-11 (C236)

2001,150,000 Km 1000 cc petrol 2nd owner

Price:3,400,000/-

(Pita Kotte)

Details                  

       

(14.04.2026)

FORD RANGER PICK UP (C237)

2015, 190,000 Km 3200 cc Diesel 1st owner

Price:14,200,000/-

(Col-06)

Details                  

(14.04.2026)

TOYOTA CAMRY CAR (C238)

2016, 173,000 Km 2500 cc Petrol Hybrid 1st owner

Price:16,000,000/-

(Col-03)

 

Details                  

       

(14.04.2026)

SUZUKI ASTAR CAR (C239)

2011,136,000 Km 1000 cc Petrol 1st owner

Price:4,200,000/-

(Dehiwela)

Details                  

(14.04.2026)

SUZUKI AVERY VAN (C240)

2015,91,000 Km 750 cc Petrol 1st owner

Price:5,900,000/-

(Attidiya)

Details                  

       

(22.04.2026)

NISSAN MB200 VANETTE (C241)

2015,95,000 km 1590 cc Petrol 1st owner

Price:11,200,000/-

(Raddolugama)

Details                  

(22.04.2026)

PRIUS TWO CAR (C242)

2008,110,000 Miles 1500 cc Petrol Hybrid 1st owner

Price:7,000,000/-

(Borella)

Details                  

       

(22.04.2026)

BENZ C180 CAR (C243)

2007,130,000 Km 1500cc Petrol 2nd owner

Price:9,200,000/-

(Kelaniya)

Details                  

(22.04.2026)

KIA SPORTAGE SUV (C244)

2015,116,000 Km 2000 cc Diesel 1st owner

Price:9,500,000/-

(Col-04)

Details                  

       

(22.04.2026)

SUZUKI CELERIO CAR (C245)

2015,120,000 Km 1000 cc Petrol 1st owner

Price:5,300,000/-

(Col-04)

Details                  

(27.04.2026)

SUZUKI GRAND VITHARA JAPAN (C246)

2008, 196,000 Km 2000 cc Petrol 1st owner

Price:7,500,000/-

(Malabe)

Details                   

       

(27.04.2026)

MITSUBISHI OUTLANDER (C247)

2015, 122,000Km 2000 cc Petrol plgin Hybrid 2nd owner

Price:14,700,000/-

(Nugegoda)

Details                   

(27.04.2026)

TOYOTA PRADO (C248)

2016,74,000Km 2000 cc Petrol 2nd owner

Price:36,000,000/-

(Borella)

Details                    

       

(27.04.2026)

MERC BENZ E200 (C249)

2004,164,000Km 1800 cc petrol 4th owner

Price:8,000,000/-

(Col-07)

Details                    

(27.04.2026)

MERC BENZ S300 (C250)

2009,100,000 Km 3000 cc Petrol 3rd owner

Price:16,200,000/-

(Thalawathugoda)

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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