Can foreign nationals buy apartments in Sri Lanka with 100% freehold ownership?

Yes. Foreign nationals can legally purchase residential condominium units in Sri Lanka on a freehold basis, provided the apartment is situated from the 4th floor upwards of an approved condominium building under the Apartment Ownership Law.

What are typical rental yields for apartments in Colombo?

Prime residential apartments in Colombo 3 (Colpetty), Colombo 7 (Cinnamon Gardens), and Colombo 2 typically yield between 6% to 9% annual gross rental returns, driven by expatriate tenants, diplomatic missions, and corporate executives.

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Anya • Real Estate Advisor (දේපල උපදේශිකා)

Apartments & Condominiums for Sale in Sri Lanka

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