NEWS LETTER FROM REALITY LANKA SEP 2026 

 

Real estate & web advertising in Sri Lanka

We bring properties in Sri Lanka to where ever you are!

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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Automobiles
 
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On Ikman.lk
 
 
 

  

(All below mentioned prices are negotiable)

FOR SALE

FOR LEASE

       

 

COLOMBO-03

SALE

Apartment (3995)

No of bed rooms: 01

Floor area: 475  sq.ft

A one bed roomed ground floor apt of a two storied building at Perahera mawatha

Prices: Rs.27,000,000/-

Details

 

NEGOMBO

LEASE

Buildings (3998A)

(10.08.26)

No of pchs: 10

No of floors: 03

Floor areas: 6000 Sq.ft

A three storied building facing

the Main street

Rent: Rs.1,200,000/-

per month

Details

       

KANDY

SALE

Building & Ware houses (3996)

No of pchs: 225

No of buildings: 03

A single floor building & two ware houses by Kandy-Matale road at Ambatenne junction

Price: Rs.675,000,000/-

Details

NEGOMBO

LEASE

House (3999)

No of pchs: 10.5

No of bed rooms: 04

No of floors: 02

Floor area: 2650 sq.ft

A newly built luxury house at Odiliya res

(phase 2) Kimbulapitiya rd

(one Km from the Negombo town)

Rent: Rs.150,000/- pm

Details

       

MORATUWA

SALE

Buildings with water front land (3997)

(07.08.2026)

No of pchs:390

No of buildings 02

No of floors: 01

Total floor area: 12,500 sq.ft + 8,800 sq.ft

Two commercial single floor buildings with

water front land bordering the Bolgoda lake

at Thelawala rd-Katubedda

Price: Rs.830,000,000/-

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

       

NEGOMBO

SALE

Buildings (3998A)

(10.08.26)

No of pchs: 10

No of floors: 03

Floor areas: 6000 Sq.ft

A three storied building facing

the Main street

Price: Rs.250,000,000/-

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

 
       

MORATUWA

SALE

Land with a ware house (3998B)

(10.08.2026)

No of pchs: 43

No of buildings 01

No of floors: 02

Floor area: 6,000 sq.ft

A land with a ware house at 3rd Lane off Angulana station rd (500 meters from the Galle rd adj the New Naloka Apt complex site)

Price: Rs.140,000,000/-

Details

PILIYANDALA

LEASE

Building (3990)

Ground & second floors of a building at Saranapala rd (close to the Pan Asia bank) in Piliyandala town.

Ground floor-750 sq.ft-50,000/- pm

Ground floor-600 sq.ft-40,000/- pm

2nd floor-1750 sq.ft-110,0000/-pm

Details

       

PANADURA

SALE

Bare land (4000)

No of pchs: 08.15

A prime land about 50 meters from the Galle rd & 2 Km to panadura junction down Uyankele road

Price: Rs.1,800,000/-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

       

RATMALANA

SALE

House (4001)

No of pchs: 9.2

Floor area: 1175 sq.ft

A newly refurbished single storied house at Dharmadara road (adj Maliban factory about one Km from the Galle rd)

Price: Rs.39,500,000/-

Details

KANDY

SALE

Building (3973)

No of pchs: 22.4 pchs

No of floors: 3 (Ground plus 2)

Total floor area: 7,500 sq.ft

A three storied modern building at Mulgampola junction off Peradeniya road

Price: Rs.485,000,000/-

Details

       

DEHIWELA

SALE

House (4002)

No of pchs:06

No of bed rooms: 06

Floor area: 2000 sq.ft

A spacious two unit house on a private rd off Pallidora rd-Kawdana

Price:Rs.47,500,000/-

Details

HANWELLA

SALE

Building with a restaurant (3959)

No of pchs: 160

No of floors: 02

Total floor area: 5000 sq.ft

An ongoing restaurant with a two storied building facing Ratnapura road at Kaluaggala

Price: Rs.250,000,000/-

(includes furniture & fittings)

Details

       

PUTTALAM

SALE

Land (4004)

No of pchs: 60+60

A prime land facing the Service road

within the town limits

Price: Rs.1,900,000/-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                

       

KANDY

SALE

Bare land (4005)

No of pchs: 20.2 

A prime land with a scenic view at New Gampola road (within the Peradeniya city limits)

Price: Rs.1,400,000/-per pch

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

 
       
 
       

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-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

       
       
Automobiles
       

(04.08.2026)

Merc Benz GLA-180 (C301)

2018,60,000 Km 1600 cc Petrol

1st owner

Rs.16,700,000/-

(Col-08)

Details   

(04.08.2026)

MITSUBISHI MONTERO (C302)

2015,149,000 Km,3200 cc Diesel 1st owner

Rs.29,500,000/-

(Col-03)

Details   

       

(04.08.2026)

TOYOTA RUSH SUV (C303)

2018,133,000 Km 1500 cc Petrol 1st owner

Rs.13,200,000/-

(Negombo)

Details    

(04.08.2026)

DFSK 580L (C304)

2021,57,000 Km 1500 cc Turbo Pet Trip tonic

1st owner

Rs.7,900,000/-

(Kohuwela)

Details     

       

(04.08.2026)

MERC BENZ SLC180 (C305)

2016,39,000 Km1600  cc Petrol Turbo 2nd owner

Rs.23,000,000/-

(Col-05)

Details      

(17.08.2026)

MITSUBISHI MONTERO

JEEP (C306)

2013,139,000 Km 3200 cc Diesel 3rdowner

Rs.23,000,000/-

(Col-07)

Details       

       

(17.08.2026)

TATA CURVV CAR (C307)

2025,8,500 KM 1200 cc Petrol 6 gear 1st owner

Rs.11,500,000/-

(Col-07)

Details        

(17.08.2026)

SUZUK EVERY VAN (C308)

2018, 87,000 Km, 650 cc Petrol 1st owner

Rs.6,200,000/-

(Katubedda)

Details         

       

(17.08.2026)

MITSUBISHI OUTLANDER JEEP (C309)

2025, 3,500 Km 1500 cc petrol 1st owner (with 4 yr valid warranty)

Rs.20,000,000/-

(Col-03)

Details          

(17.08.2026)

MERC BENZ AVENT GRADE 2-200 (C310)

2011, 110,000 KM 1790 cc petrol

2nd owner

Rs.11,800,000/-

(Col-04)

Details          

       

(23.08.2026)

MERCEDES BENZ C-160 (C311)

2018,85,000 Km 1600 cc Petrol 1st owner

Rs.15,400,000/-

(Nugegoda)

Details           

(23.08.2026)

FIAT BRAVA (C312)

1998,3000 Km 1900 cc Turbo Diesel injection Inter cooler Manula,1st owner

Rs.5,200,000/-

(Col-04)

Details           

       

(23.08.2026)

MERCEDES BENZ S350D (C313)

2016,115,000 Km 3000 cc Diesel 1st owner

Rs.39,200,000/-

(Col-05)

Details            

(23.08.2026)

MERCEDES BENZ C-200 (C314)

2019,70,000 Km 1500 cc petrol 2 nd owner

Rs.25,000,000/-

(Kelaniya)

Details             

       
       

(23.08.2026)

SUZUKI WAGON R (C315)

Premium sports 2019 83,000 Km 600 cc Petrol Hybrid 2nd owner

Rs.7,200,000/-

(Col-05)

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 

PPL & CPL Pilot training

 

40 yrs in pilot training

Memories of my visit to Hindustan Aeronautical Ltd

Memories of my visit to Royal Air force Museum -London-UK

 
 
 

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

Some important points to consider before buying a property

 

Before Buying Land in Sri Lanka, Look Beyond Today.

Think About 2050. When buying land or a house, we often focus on today's situation:

 

🔹 Is there a proper road?

🔹 Is electricity and water available?

🔹 Are facilities nearby? But a smart property decision requires another important question: “How could this area develop over the next 10, 20, or 30 years?” Sri Lanka’s National Physical Plan 2050 provides an important long-term framework for the country's future spatial development, including urban development, transportation, infrastructure, tourism, economic activities, and environmental protection.

📍 Urban Development Future urban areas may experience growth in residential, commercial, industrial, and transport facilities.

️ Expressways & Highways Improved road connectivity can transform previously less-accessible areas and increase their development potential.

🚆 Railway Development New railway projects and improved transport connections can create new commercial and transportation hubs.

️ Airports, Ports & Logistics Areas connected to major transport and logistics networks may attract warehouses, businesses, hotels, and other developments.

🌿 Environmental & Conservation Areas Development restrictions and environmental regulations should always be checked before purchasing land. A beautiful location does not always mean unrestricted development potential.

💧 Water & Flood Risk Flood history, drainage, water flow, elevation, and nearby water bodies should also be carefully considered.

️ Think Beyond Price Appreciation Future development can create opportunities, but it can also bring challenges such as road widening, railway reservations, environmental restrictions, and changes in surrounding land use. Don't look only at the property. Look at the future of the location.

📍 The right location today could become one of your most valuable decisions tomorrow.

 

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Where the Future Lives: Port City Colombo and the Rise of Luxury Real Estate in Sri Lanka

Industry Insights Despite global challenges, Sri Lanka’s luxury property market is gaining traction with a 33% increase in international interest and competitive price points compared to other global hubs With urbanisation projected to reach up to 80% by 2030, demand for high-end residential, commercial, and mixed-use developments is set to surge With over 5.65 million sqm of planned luxury development space, Port City Colombo is setting new standards in urban planning Sri Lanka, the teardrop-shaped nation in the Indian Ocean, has long been celebrated for its natural beauty and cultural richness. Today, it’s capturing global attention—not just as a holiday destination, but as a place to invest in Sri Lanka’s real estate, live, and belong.

In 2024, the country welcomed over 2.05 million visitors, signalling a strong recovery and renewed international confidence. This resurgence is fuelling growth across key sectors and driving broader economic revitalisation.

From the golden beaches of Bentota to the hills of Ella, from the colonial charm of Galle Fort to the vibrant energy of Colombo, Sri Lanka offers a compelling mix of natural splendour and modern living. With eight UNESCO World Heritage Sites, iconic tea-covered highlands, and a maturing urban infrastructure, the country is becoming a serious contender for affluent global citizens drawn by its blend of elevated lifestyle and long-term investment value.

That charm is driving demand for luxury property. High-end villas, penthouses, branded residences, and waterfront estates are increasingly sought after—not only for their returns, but for their lifestyle appeal, comfort, and exclusivity. As interest accelerates, the country’s luxury real estate sector is emerging as a prime opportunity for global investors seeking lasting value in a market that’s on the rise.

Nowhere is this momentum more visible than in Port City Colombo. As Sri Lanka’s first and only multi-service Special Economic Zone (SEZ), Port City Colombo represents the country’s bold leap into the future of urban living and international investment. Designed as a future-ready city to rival the world’s most prestigious metropolitan centres, this 269Ha waterfront development is poised to become the flagship destination for luxury real estate.

Built for More: Sri Lanka’s Luxury Real Estate Boom Despite recent economic headwinds, Sri Lanka’s luxury real estate sector has shown remarkable resilience. Valued at approximately US$558 billion, the market continues to grow—driven by urbanisation, government policy reform, and rising international interest.

In 2023, international buyer engagement surged by 33%, according to LankaPropertyWeb’s ‘Real Estate Market Outlook Report 2024 (REMOR24)’. A significant share came from high-value outbound markets such as the USA, UK, Australia, and the UAE. Their continued focus on Sri Lanka signals growing global confidence in the country’s high-end property sector.

Within Colombo, luxury apartments in the Central Business District—particularly those completed before 2015—saw a 48% increase in price per square foot between 2018 and 2023. Yet the city remains competitively priced: premium residences typically range between US$3,500 and US$4,500 per sqm, compared to US$10,000+ per sqm in luxury hubs like Singapore, Dubai, and Hong Kong. For investors, this presents a rare opportunity to penetrate a high-growth market with significant potential for value appreciation.

Sri Lanka is also experiencing rapid urbanisation. While only 19.2% of the population was urbanised as of 2023, according to the World Bank, the Presidential Expert Committee’s ‘Sustainable Sri Lanka 2030 Vision and Strategic Path’ has projected that figure to climb to 70–80% by 2030. This demographic shift is increasing demand for high-end residential, commercial, and mixed-use developments—particularly in key urban centres like Colombo, Kandy, and Galle.

To meet this demand, Colombo’s high-end housing supply is expanding. Over 8,000 new residential apartment units are expected by 2026, increasing the total number of recognised units to more than 42,000. This premium pipeline reflects Colombo’s maturity as a luxury destination— one that is not only capturing investor attention, but actively preparing to meet it.

A Smart Move: Sri Lanka’s Appeal to Luxury Real Estate Investors The benefits of investing in Sri Lanka’s luxury property market lies not just in its pricing and policies, but also in the profile of those driving demand.

On one end, high-net-worth individuals (HNWIs)—particularly from the Middle East, Europe, and Asia—are turning to Sri Lanka for second homes, lifestyle-led investments, and high-yield rentals in a culturally rich market. On the other, a rising Sri Lankan middle class is entering the premium segment, especially in urban growth corridors like Colombo.

This dual demand gives the market both depth and resilience. Foreign capital is fuelling premium development, while domestic buyers are providing long-term absorption. Together, they are reinforcing a market that is no longer speculative, but structurally sound.

Beyond demographics, Sri Lanka’s government, with the assistance of the Board of Investment of Sri Lanka (BOI)—the primary agency facilitating FDIs, is making it easier for international investors to participate in the country’s growth—ensuring that foreign investors are offered a favourable environment for investment.

Sri Lanka’s strategic location—linking the Middle East, South Asia, and Southeast Asia—further strengthens its appeal. With the real estate sector projected to reach US$612 billion by 2029, the trajectory is clear: the country is positioned for long-term growth, with luxury property as one of its standout segments.

Port City Colombo: The Gateway to Smart and Luxury Living No project better captures Sri Lanka’s real estate ambition than Port City Colombo. As the country’s largest foreign direct investment initiative, modern master planned city development and first multi-service SEZ, it sets a new benchmark for scale, sophistication, and global relevance.

Port City Colombo combines smart infrastructure and luxury design into a fully integrated lifestyle ecosystem. The project envisions a walkable, digitally connected, climate-resilient urban core—designed for the expectations of globally mobile residents.

Built for Business and Life Waterfront living is central to its appeal. With uninterrupted ocean views, marina access, and landscaped public spaces, Port City Colombo offers a unique coastal metropolitan lifestyle—where luxury, leisure, and liveability intersect.

It is governed by the Colombo Port City Economic Commission (CPCEC), ensuring transparent regulation and investor-friendly policies, including:

100% foreign ownership 100% foreign currency repatriation of any income or capital proceeds Long-term tax and border tariff incentives for developers 0% personal income tax and remuneration in foreign currency Preferential visa schemes and a dedicated single-window investment facilitation process Transactions supported in 16 designated foreign currencies The Marina District: Urban Luxury by the Sea Among Port City Colombo’s most anticipated offerings is the Marina District, which will feature South Asia’s first Luxury Yacht Marina. Anchoring this district is the Luxury Marina Residences—a curated collection of premium waterfront homes, across 3 exclusive land parcels, designed for capital appreciation and elevated living.

As the first precinct set to be fully operational with both commercial and residential activity, the Marina District is poised to become a global hub for marine tourism and waterfront living. Adjacent to it, the Island Living district offers a premium blend of leisure and luxury, featuring a five-star beach resort and 90 oceanfront villas with private beach access, luxury amenities, and access to a 101Ha swimmable lagoon—emerging as one of the premier beach resorts in Colombo.

For investors, these districts represent not just lifestyle appeal, but long-term upside in one of the region’s most ambitious developments.

At the intersection of luxury, connectivity, and sustainability, Port City Colombo offers more than property—it redefines urban living in Sri Lanka.

The Future of Luxury Living Begins at Port City Colombo As reported by the Central Bank of Sri Lanka (CBSL), land and housing prices in the Colombo District have increased annually by 19.1% and 2.6% respectively. In contrast, condominium prices rose by a modest 1.2%—a telling sign of pent-up demand, with no luxury residential developments launched since 2017.

Port City Colombo is stepping in to fill the gap—with scale, vision, and purpose.

Positioned at the crossroads of East and West, Port City Colombo delivers 5.65 million square metres of luxury residential and commercial space— it’s creating a fully integrated “city within a city”—designed for 273,000+ residents, professionals, and visitors in a dynamic, future-ready environment.

Some places are built to impress. Port City Colombo is built to endure.

Port City Colombo offers a chance to be part of something iconic—a waterfront metropolis built for global citizens, where smart living, sustainability, and prestige come together.

The future of luxury living in South Asia is being built right now.

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For more properties visit www.realitylanka.com