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NEWS LETTER MARCH 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. 

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(All below mentioned prices are negotiable)

FOR SALE

FOR LEASE

       

 

COLOMBO-05

SALE

Bare land (3948)

(19.02.26)

No of pchs: 10.13

A prime land with a livable four bed roomed two storied house at Ruwan mw (off Thimbirigasyaya rd)

Price: Rs.15,000,000/-(per pch)

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

 
       

EAST COAST

SALE

Water front land (3949)

Extent: 2.22 Acres (355 pchs)

A prime land bordering the Upaar lagoon close to the 58th Km post off the Batticalo-Vakarai rd

(short driving distance from Pasikuda) & walking distance to the beach.

Price: 750,000/- 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

 
       

 

COLOMBO-10

SALE

Apartments (3931)

(02.12.2025)

No of bed rooms: 03

Total floor area: 1200 sq.ft

A newly built luxury apt (built 2020)

at Flemigton res-Siri Dhamma mw (near Nalanda college)

Price: Rs.65,000,000/-

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

       

MORATUWA

SALE

Buildings (3932)

(3.12.2025)

No of pchs: 220

No of buildings 02

No of floors: 01

Total floor area: 18,000 sq.ft

Two commercial single floor buildings bordering the Bolgoda lake at Thelawala rd-Katubedda

Price: Rs.400,000,000/-

Details

PANADURA

LEASE

House (3904)

No of pchs:10

No of bed rooms:04

No of floors:02

Floor area: 3600

A luxury & spacious house on a private rd off Bodirukkama road (off Galle rd aprox 1.5 Km from Panadura junction)

Rent: Rs.125,000/- pm

(semi furnished)

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

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

 
       

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

GALLE

LEASE

House (3930)

(30.11.2025)

No of pchs:  22

No of bed rooms: 06

No of floors:02

Floor area: 3,000 sq.ft

An architect designed luxury & spacious house

(fully furnished) at Donald Janz mw-Dangedara.

Rent: Rs.250,000/-pm

Details

       

THALAWATHUGODA

SALE

Bare land (3935)

(22.12.2025)

No of pchs: 12

A prime land with an old house

at Welipara (adj Kheells super)

Price: Rs.2,650,000/-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

 
       

COLOMBO-08

SALE

Bare land (3936)

(23.12.2025)

No of pchs: 13.5

A prime land at Fairfield Gardens (with walking distance to the Borella junction)

Price: Rs.10,000,000/- (per pch)

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

 
       

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

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

       

ETHUL KOTTE

SALE

House (3889)

No of pchs: 12

No of bed rooms: 04

No of floors: 02

Total floor area: 2,600 sq.ft

A luxury & spacious house down Rampart road (close to the Kotte road) Price: Rs.70,000,000/-

(negotiable)

Details           

RAJAGIRIYA

LEASE

Building (3858)

No of pchs: 6.2

No of floors:02

Floor area: 1500 sq.ft

A two storied commercial building with a single storied house facing

Obeysekerapura road.

Rent: Rs.200,000/-per month

Details

       

NUGEGODA

SALE

House (3898)

No of pchs: 7.5

No of bed rooms:04

No of floors: 02

Floor area: 3300 sq.ft

A luxury & spacious two storied house in a gated community at Madiwela rd-Udahamulla

Price: 55,000,000/-

 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

 

       

MT.LAVINIA

SALE

Hotel Apt building (3937)

(31.12.2025)

No of pchs: 23

No of rooms: 19

No of floors: 05 (Ground plus 04)

Floor area: 12,500 sq.ft

A newly built on going apt hotel building withy 19 studio type apts at St.Ritas rd (less than one Km from the Galle rd)

Price: Rs.376,000,000/-

(including all furniture & ongoing business)

 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

Building 900+1200 sq.ft

A newly refurbished bungalow & a building at Pauls place off St.Ritas rd (close to the Galle rd adj Dinemoor restaurant Mt.lavinia)

Prices: 125,000,000/-

(With all furniture)

 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

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

       

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

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

 
       

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

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

       
       
 

Charter & scheduled flts

My first flt in a Piper Chrooki Aircraft

 

Open skies Flt training

 

sheduled & charter flights to key destinations in sri lanka

Scheduled & charter flts to key destinations in Sri lanka 

 

charter flights to key destinations in sri lanka

Charter flts to key destinations in Sri lanka 

 

charter flights outbound from sri lanka

Charter flts outbound from

Sri lanka 

 

Helicopter for charter to fly to anywhere

in Sri Lanka

       
Automobiles
       

HONDA FIT GP5 (C201)

2015,63,000 Km 1500 cc Petrol Hybrid 1st owner

Price: 7,950,000/-

(Pelawatte)

Details          

(10.02.2026)

TOYOTA COROLLA

T1 MYROAD (C202)

1996,180,000 Km 2000 cc Diesel Turbo 3rd owner

Price: 3,750,000/-

(Wennapuwa)

Details           

       

(10.02.2026)

TATA SUMO VITA

JEEP (C203)

2006,1900cc Diesel 2nd owner

Price: 3,200,000/-

(Col-14)

Details            

(10.02.2026)

TOYOTA PRIUS

3RD GEN (C204)

2012,222,000 Km 1800 cc Petrol Hybrid 1st owner

Price: 10,300,000/-

(Katana)

Details             

       

(10.02.2026)

NISSAN FB14 (C205)

1997,125,000 Km 1500 cc Petrol Manual 3rd owner

Price: 3,800,000/-

(Nugegoda)

Details             

(16.02.2026)

MORRIS GARAGE MG (C206)

2018, 1000 cc Petrol 58,000 Km done,1st owner, Red color

Price: 9,300,000/-

(Mt.lavinia)

Details              

       

(16.02.2026)

TOYOTA CORONA (C207)

1993, 290,000 Km 2000 cc Diesel Manual 2nd owner

Price: 3,000,000/-

(Nugegoda)

Details               

(16.02.2026)

SUZUKI ALTO CAR (C208)

2011,124,000 KM done, 680 cc Petrol 6th owner

Price: 3,100,000/-

(Nugegoda)

Details                

       

(16.02.2026)

BENZ CLA180 CAR (C209)

2019,15,000 Km 1300 cc Petrol 2nd owner, Pearl white color

Price: 25,000,000/-

(Col-10)

Details 

         

(16.02.2026)

BENZ CITAN VAN (C210)

2015, 200,000 Km 1500 cc Diesel Manual 6 Forward,2nd owner ,Pearl white color

Price: 8,800,000/-

(Kelaniya)

Details  

       

(09.01.2026)

MITSUBISHI MONTERO (C188)

2000, 145,000 Km 3500 cc petrol Triptonic 4th owner Silver color

Price: 10,700,000/-

(Gampaha)

Details         

(09.01.2026)

SUV AUDI Q3 (C189)

2016, 93,000Km 1500 cc Petrol 1st owner Red color

Price: 13,200,000/-

(Colombo-05)

Details         

       

(09.01.2026)

SUV PEUGEOT 5008 GT LINE (C190)

2019,69,000 Km 1200 cc Petrol 1st owner Black color

Price: 21,200,000/-

(Kohuwela)

Details         

(20.01.2026)

TOYOTA VITZ KSP130 (C191)

2015,65,500 Km done 1000 cc Petrol Auto 1st owner Blue color

Price: 7,300,000/-

(Ja-Ela)

Details          

       

(20.01.2026)

MERC BENZ C-200 (C192)

2018, 71,000 Km done,1500 cc Petrol 2nd owner White color

Price: 24,200,000/-

(Rajagiriya)

Details          

(20.01.2026)

SUZUKI WAGON R (C193)

2025, 600 Km done.650cc Petrol Hybrid 1st owner Pearl white

Price: 9,600,000/-

(Colombo-05)

Details          

       

(20.01.2026)

MERC BENZ C-180 (C194)

2019,47,000 Km 1500cc petrol 1st owner Black color

Price: 28,000,000/-

(Colombo-07)

Details          

(20.01.2026)

MERC BENZ C-320 (C195)

2000cc 158,000 KM 3200 cc Petrol 4th owner Gold color

Price: 7,000,000/-

(Colombo-05)

Details          

       

(27.01.2026)

AUDI Q2 CODRO (C196)

2018,62,000 KM 1000 cc Petrol Turbo 2nd owner

Price: 13,600,000/-

(Colombo-05)

Details           

(27.01.2026)

MERC BENZ E200 (C197)

2011,65,000 Km 1800 cc Petrol 2nd owner

Price: 13,900,000/-

(Colombo-03)

Details            

       

(27.01.2026)

TOYOTA OUTLANDER (C198)

2015,136,000 Km 2400cc Petrol 1st owner

Price: 38,300,000/-

(Colombo-06)

Details

(27.01.2026)

MAZDA CX6 (C199)

24,000 Km 2000 cc Petrol 2nd owner

Price: 12,200,000/-

(Colombo-06)

Details

       

(27.01.2026)

SUZUKI VITHARA JEEP (C200)

2013,1500 cc Petrol  2nd owner

Price: 8,700,000/-

(Colombo-06)

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

A Legal and Practical Guide to Purchasing Property in Sri Lanka!

A thrilling endeavour can be buying property abroad, and Sri Lanka’s varied landscapes and rich cultural past make it a desirable location for real estate investment. However, handling the legal and practical facets of buying real estate calls for considerable thought and familiarity with the local laws. With the help of this thorough guide, both domestic and international purchasers will be able to purchase property in Sri Lanka easily.

Understanding Legal Regulations and Property Ownership Rights

1. Ownership Restrictions for Foreigners

Foreigners are allowed to purchase property in Sri Lanka, but there are certain restrictions to be aware of. Non-resident foreigners can buy apartments or condominium units, but they cannot own land outright. However, resident foreigners can acquire both land and property under certain conditions. It’s important to note that leasehold agreements are a common way for foreigners to secure land for extended periods.

2. Land Ownership by Companies and Trusts

Foreign individuals are often advised to establish a locally registered company to hold property, as these companies can own land. Additionally, trusts can also be used for property ownership by non-residents, subject to approval from the authorities.

Navigating the Property Buying Process

1. Due Diligence

Before purchasing any property, it’s crucial to conduct thorough due diligence. This includes verifying the title, confirming ownership, and checking for any encumbrances or disputes related to the property.

2. Agreement of Sale

Once a suitable property is found, an Agreement of Sale is drawn up, outlining the terms and conditions of the purchase. This agreement is typically accompanied by a deposit, which is usually around 10% of the purchase price.

3. Title Clearance and Transfer

During this stage, a comprehensive title search is conducted to ensure that the property’s title is clear and free from any encumbrances. Once the title is confirmed, the property can be transferred to the buyer’s name.

4. Stamp Duty and Registration

Buyers are required to pay stamp duty, which is a tax on the property transaction. The property’s transfer is then registered at the Land Registry, finalizing the ownership transfer.

5. Notarization of Deed

The Deed of Transfer is notarized, and the seller’s ownership is legally transferred to the buyer. This step requires both parties to be present before a notary public.

Tax Considerations

1. Transfer Tax

Transfer tax is applicable to the property’s sale price and is borne by the seller. However, it’s important to clarify the tax responsibilities between the buyer and seller in the Agreement of Sale.

2. Capital Gains Tax

Capital gains tax is applicable when selling a property within five years of purchase. This tax is calculated on a sliding scale based on the holding period.

Purchasing property in Sri Lanka involves a combination of legal knowledge, due diligence, and understanding the tax implications. The process may seem complex, especially for foreign buyers, but with the right guidance and thorough research, it can be navigated smoothly. Consulting legal professionals experienced in Sri Lankan property law is highly recommended to ensure compliance and mitigate any risks. As the country continues to grow and develop, investing in Sri Lankan real estate can offer both local and foreign buyers rewarding opportunities for long-term growth and enjoyment of this beautiful island nation.

*******************************************

Investing in Sri Lankan Real Estate: Trends and Opportunities!

 
 

 

 

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For more info contact 0094 11 2716920 or 0094 714920402 

For more properties visit www.realitylanka.com