Year-round tropical sunshine, a laid-back approach to life, breathtakingly beautiful landscapes and really great value for money is all on offer on this stunning island
Ivan Robinson is director at Lanka Real Estate. He says that in the past local buyers were very scarce, but recently that has all changed as international travel has been so limited, “They have suddenly and dramatically made an entrance into the high end of the market taking advantage of financial conditions and confident in the knowledge that international buyers will return.” He goes on to point out that the most active current buyers are high net worth Sri Lankan company owners and executives, and local celebrities from the world of sports and entertainment.
Frank de Vries, Director of Pearl Sri Lanka Real Estate Company, is very mindful that recent global events have had a big impact on the economy, and mean that currently it’s definitely a buyer’s market. “Now, if you are a local or foreigner, you have a choice of many properties, an enormous variety of properties for sale. Plus the fact that there is about a 25% reduction on prices at the moment, it is now definitely the best time to buy – it is the country of opportunities.”
So where do those opportunities lie? To view the full article click here.
Lakeside Living
Raziq Villa in the gated resort of Rukandaluwa is located on the idyllic Koggala Lake, and situated halfway between Galle and Weligama. This picturesque lake is directly connected with the sea, supports a very special eco system, and is home to a large variety of nature and wildlife.
Built in a stunning contemporary style, and looking directly out onto the water, the villa offers four bedrooms with attached bathrooms, a living room with dining area, an open plan entertaining kitchen with separate cooking kitchen, an office and a pool, arranged over two storeys. Local beaches are only fifteen minutes’ drive, with the town of Unawatuna twenty minutes and the famous Galle fort, thirty minutes away.
£1.9m / €2.1m / $2.5m
Pearl Sri Lanka Real Estate Company
www.pearlsrilanka.com
To view the full article and selection of high-end properties click here.
