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LankaWeb – Property Prices in Sri Lanka Remain Positive and Stable in Q2 Despite COVID Waves: LankaPropertyWeb

LankaWeb – Property Prices in Sri Lanka Remain Positive and Stable in Q2 Despite COVID Waves: LankaPropertyWeb
lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.

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Lankan property market soars amidst pandemic

Lankan property market soars amidst pandemic
Daily News (via HT Media Ltd.)
Sri Lanka has grown in popularity as a second-home destination for foreigners, despite tragedies such as the 2004 Indian Ocean tsunami and the Easter Sunday bombings of 2019, both of which caused mass casualties, a report published in the New York Times said.
© Getty
Representational image
It said much of the country’s appeal has to do with a warm year-round climate, gorgeous beaches, exotic jungle locales, picturesque paddy fields and a population that to a great extent speaks English.
“Sri Lanka has a lot of very friendly people who are very hospitable,” said Pranesh Paramanantha, a real estate professional with Sri Lanka Sotheby’s International Realty. “There are a lot of tourists who are really attracted to this country, and tourism is a major driving factor for the real estate market.” ....

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Citizen or Not: Process and concerns of buying property in Sri Lanka as an expat

By Lanka Property Web
With the recent changes in the law welcoming expat Sri Lankans to purchase property in the country, LankaPropertyWeb interviewed Attorney at Law Saminda Jayasekara regarding the feasibility of this option and the barriers to overcome in the process.
As a local, there
are no restrictions on purchasing property in the country. Whether it is owning
a land, apartment or investing in a commercial property, you have the liberty
to select among a range of options available in the market.
However, as a
foreigner, there are certain restrictions. While the option of purchasing a
residential or commercial condominium property is available, with lands they ....

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Economy at a glance for 2020:Double whammy blow

Economy at a glance for 2020:Double whammy blow
lankabusinessonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankabusinessonline.com Daily Mail and Mail on Sunday newspapers.

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LankaWeb – The Sri Lankan Real Estate Industry is on a Roll: Property Buyers are Flocking Back to the Market

LankaWeb – The Sri Lankan Real Estate Industry is on a Roll: Property Buyers are Flocking Back to the Market
lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.

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