Sri Lanka is an island with a wide range of properties including luxury houses, single story houses, rooms for rent and annex for rent in some of the highly residential areas of the country. As the 30 year old conflict came to an end in 2009, the country reached economic growth rapidly. International buyers as well as Lankan expats started showing interest in coming to sri lanka to either settle down, purchase newly renovated bedroom house or start new businesses. This also helped the country develop its infrastructure, real estate and tourism sector making life convenient and setting new living standards. Sri Lanka has an interesting property portfolio with properties like multi family homes to small modern homes with fancy bathrooms, annexes with spacious bedrooms and affordable house rent, villas, commercial property, mixed developments, and apartments available for long term stay as well as short stay. The country also draws in different types of buyers and investors.
Though house for sale is the top searched property type, there is an increasing need for houses for rent and house for lease especially in developing cities because more people are relocating to start new businesses or make living convenient. Obtaining a house in prime regions like galle road colombo can be challenging because of their increasing property prices. Due to this reason, mid income property seekers are looking to rent houses in sri lanka. Sri Lanka houses for rent come in different designs and price levels depending on the facilities they offer. Usually rental prices for houses vary from single floor room houses to storied houses and the conveniences they offer.
Mid-range houses often comes with a kitchen, dining room, living room, attached bathrooms and a car park sufficient for at least two vehicles. But there are also fully furnished houses with fully air conditioned bedrooms, roof top terrace and hot water facilities and can be obtained at a comparatively higher rental price. All in all, houses for rent in sri lanka are a great option for those who are planning on staying for a short period. It is also much cheaper than getting houses for sale in sri lanka or apartments for rent in sri lanka. This has made houses for rent attractive and has a bigger potential as a secondary income source. As a result, investors are showing interest towards land for sale in sri lanka with the intention of building multi story properties where they can give out the ground floor for rent in the future.