Real Estate in Negombo, Sri Lanka

"One way to find a place to live in Negombo is to search online for rental listings. You can also look for classified ads in local newspapers or on websites such as Craigslist. Additionally, you can ask around in the local community for recommendations. You can also contact real estate agents in the area to help you find a suitable place to live," said one expat in Negombo.

"Expat homes and apartments in Negombo are typically modern and comfortable. They often feature air conditioning, high-speed internet, and other amenities. Many expat homes and apartments are located in gated communities, providing a sense of security and privacy. Expat homes and apartments in Negombo are typically spacious and well-maintained, with plenty of natural light and plenty of outdoor space. Many expat homes and apartments also feature balconies or terraces, providing a great place to relax and enjoy the views," remarked one foreigner who made the move to Negombo.

"The cost of housing in Negombo varies depending on the type of accommodation and location. Generally, the cost of renting a house or apartment in Negombo is relatively affordable compared to other cities in Sri Lanka. Prices range from around 10,000 Sri Lankan Rupees (approximately $60 USD) per month for a basic one-bedroom apartment to around 40,000 Sri Lankan Rupees (approximately $240 USD) per month for a more luxurious three-bedroom apartment," explained one expat living in Negombo, Sri Lanka.

"When deciding whether to buy or rent a home in Negombo, it is important to consider your budget, lifestyle, and long-term plans. Buying a home in Negombo can be a great investment, as the city is growing in popularity and real estate prices are likely to increase over time. However, it is important to consider the costs associated with buying a home, such as closing costs, taxes, and maintenance. Renting a home in Negombo can be a more affordable option in the short-term, and it can also provide more flexibility if you are not sure how long you will be living in the city. Ultimately, the decision to buy or rent a home in Negombo should be based on your individual needs and preferences," explained one person living in Negombo, Sri Lanka.

"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to understand the legal requirements for purchasing property in Negombo, such as obtaining the necessary permits and licenses. 3. It is important to be aware of the local infrastructure and amenities in the area, such as access to public transportation, schools, hospitals, and other services. 4. It is important to be aware of the local taxes and fees associated with purchasing property in Negombo. 5. It is important to be aware of the local customs and culture when purchasing property in Negombo. 6. It is important to be aware of the local laws and regulations regarding property ownership in Negombo. 7. It is important to be aware of the local real estate agents and brokers who can help with the purchase process. 8. It is important to be aware of the local financing options available for purchasing property in Negombo," explained one expat in Negombo.

"Foreigners are allowed to own property in Negombo, but there are certain restrictions and requirements they need to follow. Foreign nationals can purchase freehold property, but they are required to pay a Land Tax, which is a one-time payment based on the property's value. Additionally, foreigners cannot purchase land within 1 km of the coastline, as these areas are reserved for Sri Lankan citizens. It is also important to note that the process of purchasing property in Sri Lanka can be complex and time-consuming, so it is recommended to seek the assistance of a local lawyer or real estate agent to navigate the legal procedures and ensure a smooth transaction," remarked one foreigner who made the move to Negombo.

"Rental properties in Negombo typically include a refrigerator, stove, oven, and washing machine. Other common appliances may include a microwave, dishwasher, and air conditioner. Depending on the property, additional amenities such as a water heater, water filter, and ceiling fans may also be included," said one person in Negombo.

"Expats searching for homes in Negombo, often begin by browsing online property listings on websites such as LankaPropertyWeb, Lamudi, and Ikman. They may also join expat forums and social media groups to seek advice and recommendations from fellow expats who have experience living in Negombo. Additionally, expats can reach out to local real estate agents who have knowledge of the area and available properties. Visiting the area and exploring neighborhoods in person can also help expats get a feel for the community and find potential homes. Networking with locals and other expats can lead to discovering rental opportunities that may not be advertised online," explained one foreigner living in Negombo, Sri Lanka.