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NEWS LETTER FROM REALITY LANKA OCT 2026 

 

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. 

Please note that this is a promotional email of our services, in case  you do not find the following information useful please forward it to anyone who will find this useful and if you do not wish to receive our newsletters in the future please click on the unsubscribe link at the bottom of this page.

Thank you!

Advertise your property with us! 

 
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(All below mentioned prices are negotiable)

FOR SALE

FOR LEASE

       

 

HIKKADUWA

SALE

Villa bungalow (4006)

No of pchs: 246

No of rooms: 03

Floor area: 1500 sq.ft

An architect designed spacious vila bungalow with a swinging pool bordering a paddy fiend at Pinkande road-Thiranagama

Price: Rs.119,000,000/-

(fully furnished)

Details

COLOMBO-04

LEASE

House (4003)

Floor area: 2800 sq.ft

First & second floors of a three storied house with a separate entrance at Bambalapitiya terrace (by the Galle rd)

Rent: Rs.350,000/-pm

Details

       

PITA KOTTE

SALE

House (4007)

No of pchs: 15.8

N o of bed rooms: 03

Floor area: 1500 sq.ft

An architect designed single storied spacious house with a garden on a private road off Baddegana road

Price: Rs.94,000,000/-

Details

 

 

NEGOMBO

LEASE

Ground floor of a

Building (3988)

Floor area: 1500 sq.ft

Ground floor of a single storied building facing the Main street

Rent: Rs.375,000/-per month 

Details

 
       

KADUWELA

SALE

Bare land (4008)

Extent: 15 pchs

A prime land at Vihara mawatha (close to the Highway exit & several key university's)

Price: Rs.1,300,000/-per pch

Details

 

 

BADULLA

SALE

Cultivated estate (3962)

Extent: 68 Acres

A cultivated estate with 20acres Cinnamon, one Acre Black pepper & a two bed roomed house & staff quarters in a  highly elevated scenic location at Haldumulla-We Eliya

Price:Rs.75,000,000/-

(For the entire land)

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

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

 
       

COLOMBO-04

SALE

Apartment (4009)

No of bed rooms: 01

Floor areas: 740 sq.ft

Brand new apt with a sea view facing the Marine drive & bordering Ridgway place

Price Rs.53,000,000/-

(payable in installments)

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

       

 

BIYAGAMA

SALE

Land with a stone crushing plant (3982)

Extent: 500 pchs

(Out of 8.5 acres)

A land with a stone crushing plant at Wathrua patha rd-Mabima-Heiyanthuduwa (prox 6 Km from Kaduwela

Price: Rs.7,00,000/-per pch

(Negotiable)

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-09

SALE

Building (3983)

Extent 117 pchs

Num of floors: 08

(includes basement & roof terrace)

Total floor area:95,000 sq.ft

A modern well equipped luxury building

facing Dr.Danister de Silva mw (Baseline rd) near Samantha Hall.

Price:Rs.2,200,,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                   

       

 

WADDUWA

SALE

Land with a partly built house (3984)

No of pchs: 18.5

No of bed rooms: 04

Floor area: 2500 sq.ft 

A partly built house with a large garden facing Beach rd (about 100 metrs from the Galle rd -sold for the land value only)

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

Details

DEHIWELA

SALE

Land with two houses (3963)

No of pchs: 13.12

A prime land with two houses at Windsor avenue (off Vanderwet place with easy access from the Marine drive s well as the Galle rd)

Price:Rs.7,000,000/-pp

Details                

       

 

NEGOMBO

SALE

Hotel (3985)

Extent:50 pchs

No of bed rooms: 10

No of floors: 03

Total floor area: 6800 sq.ft

A Three storied hotel with two shops & build able land behind bordering the beach & facing Luwis place

(500 meters from the Dolphin junction)

Price: Rs.725,000,000/-

Details

 

BADULLA

SALE

Cultivated estate (3962)

Extent: 68 Acres

A cultivated estate with 20acres Cinnamon, one Acre Black pepper & a two bed roomed house & staff quarters in a  highly elevated scenic location at Haldumulla-We Eliya

Price:Rs.75,000,000/-

(For the entire land)

Details                

       

 

MOUNT LAVINIA

SALE

Bare land (3986)

No of pchs: 19.98

A prime land at Charles Colonne mawatha off Templar's rd (about 500 meters from the Galle rd)

Price Rs.80,000,000/-

(for the full land)

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

 
       

 

KANDY

SALE

Bare land (3987)

No of pchs: 70

A prime land in a highly elevate scenic location at Lord Mountbatten road (below the Amaya hotel) Rs.1,000,000/-pp

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

       

 

WADDUWA

SALE

Beach Land (3987B)

No of pchs: 240

A prime beach land at Ratnayake mawatha about 4.5 Km from Panadura close to Wadduwa.

Price: Rs.1,500,000/-pp

Details

COLOMBO-05

SALE

Apt building (3992)

No of pchs: 13

No of bed rooms: 09 (each apt 03)

Total floor area: 4525 sq.ft

A three storied apt building with three separate apts at Mahasen mw (off Thimbirigasyaya rd-bordering Col-07)

Price: Rs.250,000,000/-

(negotiable)

Details

       

 

COLOMBO-15

SALE

Apartment (3989)

No of bed rooms: 02

Floor area: 741 sq.ft

A three bed roomed luxury apt with all facilities with easy access to the Port city & close to the Colombo port at Ramanathan mawatha

Price: Rs.70,000,000/-

(ready to occupy)

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

       

GAMPAHA

SALE

Paddy land (3991)

No of pchs: 659 (04.11 Acres)

An uncultivated paddy land facing Danovita-Mirigama road (about 50 meters from Kandy road)

Price:Rs.35,000,000/-(for the full land)

Details

NAWALA

SALE

Building (3994)

No of pchs: 11

No of floors: 03

Floor areas: 6000 q.ft

A newly built building with two apts (with provisions for another on the ground floor) at Third Lane-Koswatte.

Price: Rs.250,000,000/-

Details

 
       

MORATUWA

SALE

Bare Land (3993)

No of pchs: 6.2

A prime land at Nihal Nelson mawatha off Rawathawatte road (walking distance from the Galle rd)

Rs.2,800,000/-per pch

Details

 

BENTOTA

HOTEL FOR SALE

 (3834)

Land extent: 200 pchs

Plus 2000 pchs Paddy

An ongoing hotel with 06 rooms in a scenic location by a paddy field, large swimming pool, restaurant for 50 pax & 2 industrial kitchens at Yalagama-Induruwa.

Price:Rs.360,000,000/-

Details

COLOMBO-10

SALE

Apartment (3978)

(14.06.2026)

No of bed rooms: 02

Total floor area: 1200 sq.ft

A two bed roomed spacious apt on the 4 th (top) floor of White park res Maligakanada rd (bordering Resovier Lane)

Price: Rs.24,000,000/-

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

       

KANDY

SALE

Bare land (3979)

Extent: 118 pchs

A prime land on a highly elevated scenic location walking distance from the lake round at Ampitiya road (close to Mahamaya & Dharmaraja schools)

Price: Rs.82,000,000/-(full land)

Details

KALUTARA

SALE

House (3980)

No of pchs: 12

No of bed rooms: 03

Total floor area: 5000 sq.ft

A three storied (two unit house )facing Colombo-Mathugama main rd (bordering anotheer rd from behind) at Malaboda junction.

Price: 40,000,000/-

Details

       

COLOMBO-04

SALE

Land with a house (3981)

No of bed rooms: 10.6

A prime land with a house with 20 ft road frontage facing Laurie's rd (opp the Majestic city mall)

Price Rs.190,000,000/-(full)

(Sold for the land value only)

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

SALE

Bare land (4010)

No of pchs: 24.2

A prime land

at Thalgahawatte road (off Temple road aprox 800 meters from the Maharagama junction)

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

Details

 

HOMAGAMA

SALE

House (4011)

No of pchs: 61.6

No of bed rooms: 03

Total floor area: 2100 sq.ft

A single storied spacious house at Kakulanwila road-Panagoda

Price: Rs.73,000,000/-

(negotiable)

Details

 
       
 
       

MT.LAVINIA

SALE OR LEASE

land with a house (3402)

No of pchs: 12.8

A prime land with a single floor two bed roomed house at First Lane off Templar's road (opp Five star bakery)

Price Rs.3,800,000/-per pch

Lease:Rs.160,00/- per month

Details

DEHIWELA

SALE

Land with a house (3852)

No of pchs: 33.6

A prime land (16.8 pchs x 2 blocks) with a house at Mihindu mw (50 meters from the Galle rd opp Odean cinama)

Price:Rs.6,500,000/-pp

Details

 

 
       

 

Charter & scheduled flts

Helicopter for charter to fly to anywhere in Sri Lanka

charter flights outbound from sri lanka

Charter flts outbound from

Sri lanka 

       
       
Automobiles
       

(01.09.2026)

BENZ 124 CAR C316)

1994, 1997 cc diesel manual 352,000 Km done 2nd owner

Rs.4,700,000/-

(Mt.Lavinia)

Details      

(01.09.2026)

ASHOK LEYLAND LYNX BUS C317)

2018,125,000 KM done 3839 cc Disel 1st owner

Rs.13,600,000/-

(Minuwangoda)

Details       

       

(01.09.2026)

TOYOTA RAV4 JEEP C318)

2013,72,000 Km 2400 cc petrol 4 wheel 3rd owner

Rs.11,200,000/-

(Malabe)

Details        

(01.09.2026)

TOYOTA ROOMY CUSTOM GT (C319)

2023,25,000 Km 1000 cc Turbo 1st owner

Rs.10,200,000/-

(Boralesgamuwa)

Details         

       

(02.09.2026)

BENZ C180 W2005 (C320)

2014,79,000 Km 1600cc Petrol (20Km per Ltre) 3rd owner

Rs.17,200,000/-

(Matara)

Details          

(06.09.2026)

BENZ C160 (C321)

2017, 27,000 Km 2000cc petrol

1st owner

Rs.15,200,000/-

(Battaramulla)

Details           

       

(06.09.2026)

BENZ CLA200 (C322)

2020,1332cc Petrol 50,000 Km 1st owner

Rs.15,200,000/-

(I.D.H)

Details            

(06.09.2026)

JAECOO ELEC VEHICLE (C323)

2025,3500 KM 135KVA motor 430 Km range,.1st owner

Rs.22,200,000/-

(Col-04)

Details             

       

(06.09.2026)

MERC BENZ C200 (C324)

2020,79,000 Km 1500 cc Petrol Turbo,3rd owner

Rs.23,200,000/-

(Kottawa)

Details              

(06.09.2026)

MERC BENZ E200 (C325)

2012,68,000 Km 2000 cc Diesel

1st owner

Rs.17,800,000/-

(Nugegoda)

Details               

       

(09.09.2026)

BMW X1 JEEP (C326)

2018,36,000 Km pet 1500 cc 2nd owner

Rs.15,000,000/-

(Col-06)

Details                

(09.09.2026)

BMW X5 JEEP (C327)

2016,107,000 Km 2000 cc pet plug in Hybrid 1st owner (CA-6688)

Rs.24,200,000/-

(Col-02)

Details                 

       

(09.09.2026)

BENZ VITO VAN (C328)

2017,226,000 Km 2143 cc Diesel 1st owner (PT-4775)

Rs.22,200,000/-

(Col-09)

Details                  

(09.09.2026)

BENZ CLA200 AMG (C329)

2019,47,000Km 1500cc Petrol 2nd owner (CRH-XXXX )

Rs.21,700,000/-

(Kelaniya)

Details                  

       

(09.09.2026)

BENZ C200 (C330)

2019, 89,000 Km 1499 cc petrol 2nd owner (CBK-XXXX )

Rs.23,200,000/-

(Col-03)

Details                   

(14.09.2026)

BENZ C200 (C331)

2019,75,000 Km 2000 cc Petrol 3rd owner (CBG-5725 )

Rs.27,200,000/-

(Kiribathgoda)

Details                   

 
       

(14.09.2026)

AUDI A4TFSI (C332)

2018,63,000 Km 1800 cc petrol 2nd owner

(CBC-8118 )

Rs.16,700,000/-

(Pita kotte)

Details                   

 

(14.09.2026)

LAND ROVER DEFENDER (C333)

2010,180,000 Km 2400 cc Diesel Manual 2nd owner (KT-XXXX )

Rs.40,300,000/-

(Colombo-07)

Details                   

 
       

(14.09.2026)

MERC BENZ C-220 (C334)

2012,151,000 Km 2143cc Diesel 4th owner (KV-2025)

Rs.13,200,000/-

(Kiribathgoda)

Details                   

 

(14.09.2026)

VOLKWAGON JUGAAN (C335)

2014,84,000 Km,1968 cc Diesel,1st owner (CAC-XXXX)

Rs.13,200,000/-

(Col-04)

Details                   

 
       

(20.09.2026)

AUDI K5 (C336)

71,800 Km,2018 1800 cc petrol 2nd owner (CBF-XXXX)

Rs.23,900,000/-

(Pepeliyana)

Details                   

 

(20.09.2026)

MERC BENZ C-200 AMG (C337)

92,000 Km 1500 cc Petrol hybrid 2019 1st owner (CBI-7855)

Rs.23,500,000/-

(Peradeniya)

Details                   

 
       

(20.09.2026)

MERC BENZ ML-320(C338)

2002,98,000 Km 3200 cc  2nd owner (CR-3020)

Rs.7,600,000/-

(Nugegoda)

Details                   

(20.09.2026)

MERC BENZ S-320 CBS (C339)

 2003,98,000Km 3200 cc Diesel 2nd owner (CAY-5565)

Rs.9,000,000/-

(Nugegoda)

Details                   

 
       

(20.09.2026)

MERC BENZ E-200 AVANT GUARD W-211 (C340)

2005,70,000 Km 1800 cc pety 2nd owner (KE-1092)

Rs.9,200,000/-

(Nugegoda)

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

Making a Home: The Pros and Cons of

Renting vs. Buying

 

Deciding whether to rent or buy a home is one of the most significant financial and lifestyle choices you'll ever make. In Sri Lanka's rapidly evolving real estate market, this decision can feel even more complex. Should you enjoy the flexibility of renting or commit to the stability and investment potential of homeownership? Each path offers distinct advantages and challenges, and understanding these trade-offs is crucial to making the right choice for your future.

This article will break down the pros and cons of renting versus buying, helping you weigh your options with clarity. Plus, with tools like PropertyGuide's Area Guide, Price Index, and New Projects section, you'll have the insights needed to make confident, informed decisions tailored to your lifestyle and financial goals.

Renting vs. Buying: What to Consider

Renting offers flexibility and lower upfront costs, making it appealing for short-term arrangements. Buying, on the other hand, is about long-term stability and building equity. Understanding the trade-offs is key to finding the option that best suits your circumstances.

Whether you're a first-time buyer, a seasoned investor, or someone looking for a rental, PropertyGuide provides valuable tools to simplify your journey.

The Case for Renting

Advantages of Renting

  1. Flexibility to Move
    Renting is ideal if you value mobility. For instance, if your job requires frequent relocations, renting allows you to adapt easily without the burden of selling property.
    Pro Tip: Use PropertyGuide’s Area Guide to research neighborhoods that suit your lifestyle, like bustling Colombo 03 or quiet suburban areas such as Battaramulla.

  2. Lower Upfront Expenses
    Renting typically involves a security deposit and a few months' rent in advance, which is significantly less than the initial costs of buying a home.

  3. Fewer Responsibilities
    Maintenance and repairs are usually handled by the landlord, sparing tenants the headache of unexpected expenses.

Disadvantages of Renting

  1. No Asset Ownership
    Rent payments don’t build equity, meaning you’re spending money on temporary living arrangements rather than a long-term investment.

  2. Potential Rent Hikes
    Rental agreements in Sri Lanka often include annual increases, making long-term renting less predictable financially.

  3. Limited Control Over the Space
    Personalizing a rental property can be tricky, as landlords usually impose restrictions on renovations or major changes.

The Case for Buying

Advantages of Buying

  1. An Investment for the Future
    Buying a home is a step toward financial security. Over time, property values in Sri Lanka tend to appreciate, especially in sought-after locations like Colombo, Galle, and Kandy.
    Pro Tip: Consult PropertyGuide’s Price Index to understand historical trends and make data-driven decisions.

  2. Stability and Security
    Homeownership means you’re not subject to a landlord’s decisions. This stability is especially valuable for families looking to put down roots.

  3. Freedom to Personalize
    When you own a home, you can renovate or design the space to reflect your personality and lifestyle, without requiring anyone’s permission.

  4. Potential Rental Income
    If you invest in a property strategically, you can generate passive income by renting it out.

Disadvantages of Buying

  1. Higher Initial Costs
    Purchasing a home requires significant upfront investment, including a down payment, legal fees, and taxes. It's important to plan for these expenses.

  2. Ongoing Maintenance
    As a homeowner, you’re responsible for repairs and upkeep, which can add up over time.

  3. Market Volatility
    Property values can fluctuate due to economic shifts. Staying informed through PropertyGuide’s Price Index can help mitigate this risk.

How PropertyGuide Makes the Process Easier

Area Guide: Discover Ideal Neighborhoods

The Area Guide provides detailed information about neighborhoods, covering aspects like schools, shopping centers, and public transport. Whether you’re looking for a modern urban vibe in Colombo 07 or a peaceful community in Maharagama, this tool helps you evaluate the pros and cons of different areas.

Price Index: Stay Informed on Market Trends

Understanding market trends is crucial when buying or selling property. PropertyGuide’s Price Index offers real-time data on property prices across regions, empowering users to make well-timed decisions.

New Projects: In-Depth Reviews of Modern Properties

The New Projects section dives into emerging developments, featuring reviews of apartment complexes and houses. From architectural design to amenities and location, this resource ensures you have all the details before making a commitment.

Renting vs. Buying: Quick Takeaways

  • Renting is best for short-term living, offering flexibility and reduced responsibilities.

  • Buying is suited for those seeking stability and long-term financial growth.

  • Rely on PropertyGuide’s tools to navigate the real estate landscape:

    • Use the Area Guide for neighborhood comparisons.

    • Leverage the Price Index to track property value trends.

    • Explore the New Projects section for the latest property developments.

FAQs

1. What is PropertyGuide’s New Projects section?

The New Projects section offers comprehensive reviews of new apartment complexes and housing developments, helping buyers assess design, location, amenities, and pricing.

2. How does the Area Guide help renters or buyers?

The Area Guide provides detailed insights into various neighborhoods, covering safety, amenities, and transport options, making it easier to choose the perfect location.

3. Is it better to rent or buy in Sri Lanka?

This depends on your priorities. Renting is more flexible and less costly upfront, while buying provides long-term stability and potential financial gains.

4. How can I use the Price Index effectively?

The Price Index helps you track property value trends across different regions, enabling you to decide when and where to invest.

5. What should I consider before buying property?

Factors like location, budget, property trends, and future resale value are critical. Use PropertyGuide’s tools to research thoroughly and plan ahead.

Whether you’re leaning toward renting or buying, making an informed decision is essential. With PropertyGuide’s suite of tools, navigating Sri Lanka’s real estate market becomes easier and more transparent, helping you find the perfect place to call home.

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