Houses for rent in Panadura & suburbs (4 properties)

Houses for rent in Panadura

Panadura, situated along the southwestern coast of Sri Lanka, stands as a bustling town with a rich cultural heritage and growing commercial significance. Known for its historical temples, such as the renowned Kelaniya Raja Maha Vihara, Panadura attracts both locals and tourists seeking spiritual and cultural experiences. Beyond its cultural landmarks, Panadura is evolving into a commercial hub, with various businesses and markets contributing to the economic vibrancy of the region. The town's proximity to the coastal areas adds to its charm, making Panadura a multifaceted destination that seamlessly blends tradition with contemporary commerce in the dynamic tapestry of Sri Lankan life.

This town enjoys seamless connectivity to the rest of Colombo via a well-established public transportation network, including buses and trains. Major roads like Galle Road (A2), Colombo-Matara Expressway (E01), Panadura-Ratnapura Road (B120), and Southern Railway Line further enhance accessibility, making it easy to travel to and from the suburb. Panadura is a hub for various educational establishments, which include a wide range of well-regarded schools such as St. John's College, St. John's College, St. Anthony's Girls' College, Royal Institute International School, Royal Institute International School, and Lumbini College.

A good residential hub is not complete without good recreational spaces, and Panadura has plenty of them. The walking tracks and gardens at the Old Dutch Fort and the beach provide families and fitness enthusiasts with the perfect tranquil sanctuary from their busy lives.

Find Rental Options

As a residential hub, Panadura also hosts a growing and diverse commercial sector, with a multitude of office space locations available in the area. In Panadura, where numerous office spaces are available for rent, individuals in search of a suitable working environment can explore co-working spaces in Panadura, making it an ideal area to live and work. Whether you are looking for short-term flexibility or long-term stability, the diverse choices in Panadura’s commercial landscape cater to various business needs. Take advantage of these platforms to find the ideal office space that aligns with your specific requirements.

For those considering relocating to Panadura, 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. Renting a house in Panadura offers a practical alternative to property ownership, providing the flexibility to move when desired without the financial burden of ownership. Depending on your budget and preferences, explore houses for rent in Panadura of varying sizes, designs, and amenities. You even have the option to rent a house in Panadura's suburbs such as Gorakana, Wadduwa, Pinwatta, Nalluruwa, and Katukurunda. 

The average monthly rental price for houses in Panadura is Rs. 76,433. Starting prices for houses for rent in Panadura vary according to location, condition, and features. You can expect to pay around Rs. 20,000 for a 1-bedroom house for rent in Panadura in a decent area with basic amenities, and a 2-bedroom rental house in Panadura will be around Rs. 36,167 a month in a good area with moderate facilities, and upwards of Rs. 46,000 for a 3-bedroom house for rent in Panadura in a prime location with luxury features. As for a 4-bedroom house, the average rental price is Rs. 205,000, and for a 5-bedroom house for rent in Panadura, it is Rs. 75,000. 

For individuals or smaller families seeking a more compact and affordable option, apartments and annexes provide an excellent choice. Apartments for rent in Panadura are typically located in multi-story buildings with shared facilities, while annexes are usually attached or detached units within a larger property.

For students or single professionals seeking budget-friendly accommodation, room rentals offer a practical solution. Rooms are usually single units within a larger property with shared facilities. You can find rooms for rent in Panadura for lower prices. For those looking for a shorter stay in the vicinity, short-term rentals might be the answer, with many available in the Panadura area.

Navigating the Rental Process

Navigating the house rental 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 rent in Panadura 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 rental houses in Panadura typically have three bedrooms, with an average size of around 1,200 square feet. Landlords often request an advance payment equal to around 3-6 months' rent. If you are looking to move to this bustling city, then some of the most popular streets to live in Panadura include Galle Road (A2), Station Road, Hospital Road, Old Galle Road, and Walana Road. 

Renting Out Your Panadura Property: A Promising Opportunity

If you own a house in Panadura and are considering renting it out, make use of established online platforms like LankaPropertyWeb and House.lk to advertise your property. This provides an opportunity to generate a steady monthly income while retaining ownership of the property. Renting out houses in Panadura can effectively cover various ownership expenses, including property taxes, loan payments, and upkeep costs.

As a homeowner 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.

Renting a house in Panadura is a great option if you are looking for a convenient and affordable place to live. With a wide range of properties available in Panadura, you are sure to find rental houses in Panadura that meet your needs and budget. By following the tips above, you can find the best houses for rent in Panadura with ease.