The Best Time For Expats To Invest In Sri Lankan Real Estate Is Now!
Referred to as the ‘Pearl of the Indian Ocean’, Sri Lanka has beautiful golden beaches and an iconic skyline that is continuously evolving with new towers and high-rises. The country has a strong residential construction sector that is on a continuous boom developing attractive new luxury homes at affordable price points – especially catering to expatriates of Sri Lanka.
Sri Lanka is perfectly positioned in a strategic location on the world map and has everything needed for solid real estate investments and will offer investors with high ‘Return on Investment’ (ROI) than expected. The country’s thriving tourism industry, the arrival of major shopping malls and better health care and education are a few driving factors that draw Sri Lankan expats looking for a comfortable holiday home or place to live in Sri Lanka. This is further made strong with the present depreciation of the Sri Lankan rupee and with such booming prospects, now more than ever, Sri Lankan expats overseas are eyeing the local real estate as a lucrative investment opportunity - according to real estate sector experts.
Overall, Sri Lanka’s real estate market is resilient and has bounced back from many downturns. The current economic crisis too shall pass and will not affect the country’s unstoppable real-estate industry - especially the residential sector. It is no doubt that now is the best time for Sri Lankan expatriates to look for luxury apartments and high-end houses that are being built or already constructed by a reputed property developer in Sri Lanka. By making an immediate investment, investors can enjoy high-value appreciation and even higher ROI from their chosen property.
Lately, investment in Sri Lanka’s residential real estate has become the most discussed topic amongst foreign investors and expats leading to an escalating demand – like never before. It is noteworthy that, despite the current economic meltdown, over the past few years, there has been a massive growth in the developments of new luxury apartments in Sri Lanka. The country has witnessed a new level of expansion in the vertical living sector with novel living concepts which makes it even more attractive for potential investors and buyers to choose Sri Lanka as a favorable investment destination.
Just imagine waking up to a breathtaking view from a luxurious apartment or endless lush greenery from the comfort of a well-furnished house. Sri Lanka is fondly known as the ‘paradise island’ in the Indian Ocean for a reason and living the ultimate tropical life is the dream for many Sri Lankan expats and even foreigners. Even though the country is considered a developing nation, it is home to a dynamically growing urban region with expanding residential real estate projects and an upcoming global hub - which are huge selling points in the future.
Besides everything, Sri Lanka is a popular tourist destination in the world and attracts many investors and elite and exclusive individuals who are keen to make significant property investments due to the skyrocketing growth potential in the local real estate market. The demand for high-end condominiums and luxury residential apartments in Sri Lanka's major cities and suburbs is continuing to soar with each passing day. Home Lands Skyline's new high-value residential apartments added to the local market are expected to skyrocket further and all our valued investors will enjoy a high ROI soon.
With 15+ years of industry experience and trade expertise, Home Lands Skyline is a leading property developer in Sri Lanka and is a pioneer to introduce novel living concepts to the country. For further information visit www.homelandsskyline.lk or call us on 071 0 444 111 to get an appointment.