Why invest in Sri Lankan Luxury Real Estate?

Sri Lanka also called Serendib, Taprobane, Pearl of Indian Ocean has fascinated explorers of the past for generations. With its tall coconut trees, high mountains, pristine beaches and smooth flowing rivers, Sri Lanka is a paradise on Earth.

 

This small Island nation has a lot to offer for tourists, investors alike. Listed as the Best Country to Travel for the year 2019 by the LonelyPlanet, Sri Lanka is a hot bed for tourism. Furthermore city of Colombo, Sri Lanka was adjudged as the fastest growing tourist destination in South Asia and 4th fastest growing city in the World by Mastercard Global Destinations Cities Index in the year 2016.

 

Image Courtesy Port City Colombo Web Site (http://www.portcitycolombo.lk)

Adding to that Colombo city is going through a rapid expansion mainly due to the Port City project which is due to be completed in the year 2020.

 

Sri Lanka is slowly making itself into a Luxury destination by starting off from the city of Colombo. There are so many Luxury Apartment Buildings, Housing projects coming up in and around Colombo. Namely the Altair, Colombo City Center, etc. With a tourist trend of staying in informal accommodations as opposed to Hotels with the emergence of sharing economic startups, These Luxury Apartments and Housing are expected to be in high demand in the coming future. This means good return on investment for investors and Luxury travelling experience for tourists, A win-win scenario for all.

 

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