Buying an apartment in Sri Lanka is a major milestone for many homebuyers. With the growing number of Luxury Apartments for Sale in Sri Lanka, the real estate market now offers a wide variety of options with different price ranges, facilities, and locations.
Owning an apartment can easily fulfill the Sri Lankan dream of home ownership, especially when you find a property that suits both your lifestyle and budget. However, before making such an important investment, it’s wise to look beyond the price tag and consider several key factors.
If you’re planning on buying an apartment in Sri Lanka for yourself and your family, here are some important things to keep in mind before making your final decision.
Peaceful neighbourhood when buying an apartment in Sri Lanka
Imagine a situation whereby you live in a super–deluxe, state of the art condominium, but you or your kids are unable to have a peaceful walk around the building because the environment is not suitable or safe. Your investment will be a waste, as life is not meant to be spent indoors, alone.
Security to consider when buying an apartment in Sri Lanka
Some apartment complexes have a strict security policy that does not entertain outsiders that easily. This is very important and beneficial especially if you live in a crowded neighborhood. It is better to opt for a condominium that checks and registers the details of any visitor and one that also has CCTV facilities around the apartment complex vicinity.
Waste Disposal systems in Sri Lanka apartments
Waste management and Disposal may seem like an overrated and overlooked requirement but when it comes to peaceful and hygienic living, this actually carries a lot of weight in the overall quality of life. Certain apartments in Colombo do not have an organized system in place and most of the time residents find themselves stuck indoors with stinky garbage as they are unable to dispose their garbage at a designated location assigned by the Condominium Management.
Proximity to schools, hospitals and supermarkets
It’s very crucial that your apartment is located close to these essential services as commuting to such places is not always easy. To be located at a stone’s throw, or walking distance helps save time and trouble.
In- house recreational facilities such as gym, swimming pool and rooftop lounge.
When you pay a fairly large sum for your apartment, it’s vital to ensure that the condominium offers you these facilities and eliminate the need for you to seek these services elsewhere.
Size of the living space when buying an apartment
Certain apartments look great on brochures but once you physically visit them, they can tend to give you that ‘living in a matchbox’ feeling that is very normal with tiny spaces. It’s very important to check the overall space of the apartment before you purchase one, especially if you are living overseas and unable to visit the premises by yourself.
Apartment pricing in Sri Lanka real estate
Before you commit to an apartment, do check if the market rate is in par with the quoted price. There have been instances when apartments were slapped with very low price tags due to some underlying issues that owners do not divulge at the beginning.
Nature of neighbors in apartment communities
If there is anything more annoying than construction noises, it is definitely nosy, loud and boisterous neighbors. Opt for peace and quiet by choosing your apartment wisely. Have a chat with the neighbors if possible, right before you sign the papers.
Car Park facilities in Sri Lanka apartments
Make sure you have a designated area to park your car. The last thing you need is to park on the streets and undergo daily hassles and issues.
Now that you know what to look for when buying an apartment in Sri Lanka, the next step is finding the right property.
Explore our available apartments and book your apartment viewing with us today.
