Houses for sale in Colombo (574 properties)

Houses for sale in Colombo

Sri Lanka, a captivating island nation in South Asia, is renowned for its rich cultural heritage, diverse landscapes, and warm hospitality. From the ancient wonders of Sigiriya to the pristine beaches of Mirissa, the country offers a tapestry of attractions. Colombo, the commercial capital, blends modernity with colonial charm. Known for its tea plantations and abundant wildlife in national parks like Yala, Sri Lanka is a treasure trove of natural beauty. With a history shaped by various civilizations, this island paradise seamlessly weaves tradition and allure.

Colombo enjoys seamless connectivity to the rest of Sri Lanka via a well-established public transportation network, including buses and trains. Major roads like Southern Expressway (E01), Colombo-Kandy Highway (A1), Colombo-Negombo Highway (A3), Colombo-Jaffna Highway (A9), Colombo-Badulla Highway (A4), Colombo-Trincomalee Highway (A6), Colombo-Ratnapura Highway (A8), Colombo-Kurunegala Highway (A1) and Colombo-Avissawella Highway (A4) enhance accessibility, making it easy to travel to and from the commercial capital to other parts of the island. Colombo is a hub for various educational establishments, which encompass the University of Colombo, University of Sri Jayewardenepura, University of Kelaniya, General Sir John Kotelawala Defence University (KDU) and NSBM Green University Town.

A good residential hub is not complete without good recreational spaces and Colombo has plenty of them. The walking tracks and gardens at the Viharamahadevi Park, Independence Square, and Independence Arcade, Galle Face Green, Diyatha Uyana, and Beddagana Biodiversity Park give families and fitness enthusiasts the perfect tranquil sanctuary from their busy lives.

Discover Homes for Sale

Colombo is evolving into a diverse commercial hub with numerous office spaces available for sale in key developed areas. Co-working spaces in Colombo are also emerging in residential cities like Galle, Gampaha, Kandy, and Kurunegala, making it an ideal location for both living and working. Whether seeking short-term flexibility or long-term stability, the diverse options in Colombo's commercial landscape cater to various business needs. Explore these opportunities to find the perfect office space that aligns with your specific requirements. 

For those considering relocating to Colombo, this town presents a comprehensive spectrum of real estate opportunities, catering to a wide range of needs and preferences. Whether you seek a spacious house, a cozy apartment, or a convenient annex, this suburb has a property tailored to your lifestyle. Buying a house in Sri Lanka offers numerous advantages, particularly as it involves investing in an asset with the potential for long-term appreciation. Depending on your budget and preferences, you can explore houses for rent of various sizes, designs, and amenities. You even have the option to buy a house in Colombo's suburbs such as Dehiwala-Mount Lavinia, Rajagiriya, Nugegoda, Battaramulla, and Kotte. 

The average selling price for houses in Colombo is Rs. 117,623,986. Starting prices for houses for sale in Colombo vary according to location, condition, and features. You can expect to pay around Rs. 41,333,333 a month for a 2-bedroom house for sale in Colombo in a good area with moderate facilities, and upwards of Rs. 81,384,816 for a 3-bedroom house for sale in Colombo in a prime location. As for a 4-bedroom house, the average selling price is Rs. 165,743,409, and for a 5-bedroom house for sale in Colombo, it is Rs. 179,276,678. They come with a range of amenities to provide comfort and sophistication

Apartments for sale in Colombo vary widely in terms of size, location, amenities, and price. They are usually in multi-story buildings with shared facilities. For individuals or smaller families seeking a more compact and affordable living option, apartments are excellent choices, offering low maintenance and enhanced security. Colombo, the capital city, is a major hub for real estate development, and you can find a range of apartments, from luxury high-rises to more affordable options. These units offer a variety of sizes, allowing you to choose the number of bedrooms based on the size of your household. 

The average selling price for apartments in Colombo is Rs. 118,957,139. Starting prices for apartments for sale in Colombo vary according to location, condition, and features. You can expect to pay around Rs. 43,429,080 for a 1-bedroom apartment for sale in Colombo in a decent area with basic amenities, and a 2-bedroom apartment for sale in Colombo will be around Rs. 63,090,038 in a good area with moderate facilities, and upwards of Rs. 87,266,374 for a 3-bedroom apartment for sale in Colombo in a prime location with luxury features. As for a 4-bedroom apartment, the average selling price is Rs. 100,761,083. For a 5-bedroom apartment for sale in Colombo, it is Rs. 120,980,731. 

Navigating the Selling Process

Navigating the house-selling landscape in Sri Lanka becomes effortless with the aid of online platforms like LankaPropertyWeb and House.lk. These websites feature extensive property listings across Sri Lanka, providing detailed information, including pictures, descriptions, prices, and contact details. Filter your search by property type, size, price, location, and amenities to narrow down your options. Compare different houses for sale in Colombo and contact owners or agents directly. These platforms also provide useful tools like market reports and home loan calculators to aid in informed decision-making.

Most houses for sale in Colombo typically have three bedrooms, with an average size of around 1500 - 1700 square feet. If you are considering a move to this beautiful island, some of the most popular cities and towns to live in Colombo include Cinnamon Gardens (Colombo 7), Dehiwala-Mount Lavinia, Battaramulla, Rajagiriya and Nawala. 

Selling Your Property in Colombo: A Promising Opportunity

If you own a house in Colombo and are considering selling it, make use of established online platforms like LankaPropertyWeb and House.lk to advertise your property. This approach offers the advantage of broader exposure, global reach, 24/7 accessibility, detailed information, cost-effectiveness, and numerous other benefits. Selling your house in Colombo offers profit potential, financial flexibility, capital gains tax benefits, and various other advantages.

If you own a house in Colombo but don’t live in it, you can always rent your house. Renting a house in Colombo is a great option if you're seeking a convenient and affordable place to live. As a homeowner, if you are renting out your property, prioritize regular maintenance and upkeep to ensure its appeal and value. Address any repairs promptly and maintain a clean and comfortable living environment for your tenants. Ensure compliance with all relevant rental regulations and agreements. Clearly outline terms and conditions in a written lease agreement to avoid potential disputes.