Due to the high price of real estate in Sri Lanka, rental properties are a more convenient alternative for many. Expats find a house for rent in Sri Lanka a cheaper option compared to houses for sale in Sri Lanka due to tax reasons. Vacation rentals are on a short term basis and ideal for tourists. But those who move to the country for the long term can find fully furnished houses with a range of facilities in highly residential areas. Air conditioned bed rooms are important, especially due to the tropical weather and hot summer days. Rent in Sri Lanka varies based on the location. In the city centre the average price of a single story, 1 bedroom house for rent is likely to be Rs. 40-60,000 while outside the city centre the rent is much lower between Rs. 15-25,000. A 2 to 3 bedrooms’ house is ideal for an average family with dining and living rooms, house located close to local amenities. The surrounding facilities also affect the house rent.
When you are signing the contract for an apartment, consider who will be living with you. If it is your entire family, then take into account all the needs and requirements of them. If you are going to get a flat-mate, make sure that it is someone that you would not mind having around all the time. Make sure that you are entitled to most common facilities that apartments offer such as housekeeping, pest control, and access to sports and shopping malls. On the other hand, obtaining a commercial property for rent in Colombo calls for a different mindset. Always look in terms of how much money you will gain or lose from your investment in the long run, rather than taking a decision based purely on the emotional aspect of that property.
Romell Group is the patron name in the field of real estate. The firm aims to endow people with modern generation homes. The group since its time of inception focuses on achieving customer satisfaction and maintaining high quality of property with unmatched services. The team is armed with their wide and innovative skills. The well-knit team comprises of engineers, architects and designers who work relentlessly to maintain the reputation of the company. Each of the projects created by them are unique and magnificent, thus carving a niche in the realty domain.
Housing supported by the Office of Housing is rent- and income-restricted to ensure that the affordable units we fund are occupied by those who need it most. The below income and rent limits are based off HUD figures, annually updated, and posted as soon as they are available. Each program has a particular income focus and requirements, and is thus listed separately.