INVESTMENT PROPERTY IN SRI LANKA FROM 16 135 💷 GBP

Location:
SRI LANKA
Category:
INVESTMENT PROPERTY
Type:
Building Plot
Beds:
-
Currency:
£ GBP
Prices:
-
Results:
1 listings
# 27668461 - £16,135 - Building Plot, Vakarai, Eastern Province, Sri Lanka

Yield:

Contract Term:

Finance:

Opportunity: **Attention all investors** This unique property is nestled between the sea on one side and the lagoon on the other. All plots have either a sea frontage or the lagoon frontage, and some have both.

4

Ironshore Global Investors

Based in: England

Telephone: 02081440155; 07525481315

listings

View all Listings
№: 27668461

Studio - Land Investment

Invest From: £16,844

Vakarai, Eastern Province, Sri Lanka

Land Investment
Browse investment property in Sri Lanka - invest in real estate from 16 135 💷 GBP on TheMoveChannel.com.

Sri Lanka’s growth into one of the 🌎 world’s favourite holiday destinations has been nothing if not impressive. From the stunning blue seas to the idyllic landscapes and those all-important low living costs, millions are flocking to Sri Lanka’s golden sands each year. From an investor’s perspective, this of course makes for an ideal buying opportunity – especially since the government’s scrapping off the 100 per cent land sale tax imposed on all foreigners buying in. However, a further update to national laws in 2013 rendered it impossible to buy land outright, bringing in a new restriction limiting foreign investors to 99-year leases. Taxes and fees vary between 5 per cent and 10 per cent, which isn’t bad considering the astonishing demand for holiday lets all year-round.

Building plots are sections of land that can be purchased by investors and used to build property. Options for a building plot may include a self-build home, although investors can also sell on the land to others at a profit. The value of the land depends on the plot's location and whether it has permission or services in place for construction.

FAVOURITES

    NO SAVED LISTINGS