Lands for Sale in Wattala (55 properties)

Lands for Sale in Wattala

With the real estate boom in Sri Lanka, quite a lot of economic activity has taken place around properties for sale in Wattala. Lands for sale in Wattala has been rising in value as these are highly demanded both for residential and commercial uses. Situated in the Negombo Road, Wattala acts as a central point from Colombo to Katunayake. A land sale in Wattala, particularly in a highly residential area is suitable for housing projects. Wattala Carmel Residencies land project is located only 1.5km from Colombo 15. This offers financing facilities such as a bank loan to make property purchasing easy. These blocks of land are secured with gates and walls for added protection. The Carmel Residencies land project is situated close to leading schools, supermarkets and the beach.

A buyer may also look for other options. A perfect 10 perch land in a residential area with parapet walls in a decent lane, Alwis Town such as 1st Cross Lane or other areas in Wattala forms a valuable land for sale. It has a wide access road. Some properties such as the Royal Pearl Garden, Wattala offers double bonanza. Buy 11 perch land and get a 16 year old house along with it. As a sale in the heart of Wattala, such a deal is likely to increase in value in the future. An ideal option for property developers who want lands for sale in Wattala to build an apartment complex would be to choose properties like the 04 land blocks, total of 35 purchase land in Royal Pearl Garden. A large land will be suitable to build properties for rent in Wattala such as luxury modern apartments.

The main considerations before locking a deal would be to conduct research on the area and the land value. This is in the best interests of a buyer. Even a small investment in a 6 perch land for sale will become a smart investment if backed up with thorough research. Wattala has been rising in popularity as this city is already home to a large population of over 170,000 people. As the city witnesses a great deal of development and new amenities set up in every corner, it attracts more migrants in to the city. The fact that Colombo Fort is 30 minutes' drive away via the Matakkuliya Road adds to its appeal.