Houses for sale in Malabe (72 properties)

Malabe, nestled within the outskirts of Colombo, stands as a burgeoning urban center in Sri Lanka, seamlessly blending residential tranquility with commercial vigor. It has witnessed a notable surge in commercial development, with shopping complexes, restaurants, and businesses dotting its landscape. The suburb's strategic location and growing economic activity make it a noteworthy hub within the greater Colombo metropolitan region, reflecting the progressive spirit of modern Sri Lanka.

This town enjoys seamless connectivity to the rest of Colombo via a well-established public transportation network, including buses and trains. Major roads like Battaramulla-Athurugiriya Road (B187), New Kandy Road (A1), Colombo Outer Circular Expressway (E04) and Pannipitiya Road further enhance accessibility, making it easy to travel to and from the suburb. Malabe is a hub for various educational establishments, which include Sri Lanka Institute of Information Technology (SLIIT) and Colombo International Nautical and Engineering College (CINEC) as well as a wide range of well-regarded schools such as Horizon College International and Royal Institute International School.

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

Discover Homes for Sale

As a residential hub, Malabe also hosts a growing and diverse commercial sector, with a multitude of office space locations available in the area. In Malabe, where numerous office spaces are available for sale, individuals in search of a suitable working environment can explore co-working spaces in Malabe, 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 Malabe'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.

If you're thinking about moving to Malabe, you'll find a wide range of real estate options to suit different needs. Whether you're looking for a spacious house, a cozy apartment, or a convenient annex, this town has properties that match your lifestyle. Buying a house in Malabe offers numerous advantages, particularly as it involves investing in an asset with the potential for long-term appreciation. Depending on your budget and preferences, you can explore houses for sale of various sizes, designs, and amenities. Options are available in Malabe’s suburbs such as Battaramulla, Athurugiriya, Kaduwela, Pannipitiya and Thalahena. 

The average monthly selling price for houses in Malabe is Rs. 196,693,120. Starting prices for houses for sale in Malabe vary according to location, condition, and features. You can expect to pay around Rs. 32,750,000 for a 1-bedroom house for sale in Malabe in a decent area with basic amenities, and a 2-bedroom house for sale in Malabe will be around Rs. 24,562,500 a month in a good area with moderate facilities, and upwards of Rs. 41,195,333 for a 3-bedroom house for sale in Malabe in a prime location with luxury features. As for a 4-bedroom house, the average rental price is Rs. 44,848,077, and for a 5-bedroom house for sale in Malabe, it is Rs. 53,337,209.

Apartments for sale in Malabe vary widely in terms of size, location, amenities, and price. They are usually in multi-story buildings with shared facilities. For individuals or smaller families seeking a more compact and affordable living option, apartments are excellent choices, offering low maintenance and enhanced security. In Malabe, you can find a variety of apartments at more affordable prices. These units offer a variety of sizes, allowing you to choose the number of bedrooms based on the size of your household. 

Starting prices for apartments for sale in Malabe vary according to location, condition, and features. A 2-bedroom apartment for sale in Malabe will be around Rs. 27,338,462 a month in a good area with moderate facilities, and upwards of Rs. 30,953,261 for a 3-bedroom apartment for sale in Malabe in a prime location with luxury features.

Navigating the Selling Process

Navigating the house selling 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 sale in Malabe 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 houses for sale in Malabe typically have three bedrooms, with an average size of around 1,500 - 1,700 square feet. If you are looking to move to this bustling city, then some of the most popular streets to live in Malabe include Bathalawatta Malabe Cross Road, Daham Mawatha, Mahawatte Road, Millagahawatta Road and Shanthipura Road. 

Selling Your Property in Malabe: A Promising Opportunity

If you own a house in Malabe and are considering selling it, make use of established online platforms like LankaPropertyWeb and House.lk to advertise your property. This approach offers the advantage of broader exposure, global reach, 24/7 accessibility, detailed information, cost-effectiveness, and numerous other benefits. Selling your house in Malabe offers profit potential, financial flexibility, capital gains tax benefits, and various other advantages.

If you own a house in Malabe but don’t live in it, you can always rent your house. Renting a house in Malabe is a great option if you're seeking a convenient and affordable place to live. As a homeowner, if you are 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.