Sri Lanka is an island with a wide range's of properties. 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 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, annexes, villas, commercial property, mixed developments, and apartments available for long term stay as well as a 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 especially in developing cities because more people are relocating in these cities to start new businesses or make living convenient. Obtaining a house for sale in prime regions can be challenging because of their increasing property prices. Due to this reason, mid-income property seekers are looking to rent a house in Sri Lanka. Sri Lanka houses for rent come in different designs and price levels as a result of the facilities they offer. You can find furnished houses as well as empty spaces which allows you to create a unique for yourself. Usually, rental prices for houses on rent varies from single floor houses to storied houses and the conveniences they offer.
Mid-range houses often come 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, rooftop 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 an 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 lands 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.