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
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.
Ironshore Global Investors
Based in: England
Telephone: 02081440155; 07525481315
listings
Studio - Land Investment
Invest From: £16,844
Vakarai, Eastern Province, Sri Lanka
Land InvestmentBrowse 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.
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.