Sri Lanka
What do I need to know when buying property in Sri Lanka?
When we asked expats what advice they would give a foreigner before buying a property in Sri Lanka, they said...
"1. It is important to research the local market and understand the current trends in the area you are looking to buy in. 2. Make sure to get a lawyer to review any contracts or agreements before signing. 3. Be aware of any taxes or fees associated with the purchase of the property. 4. Consider the location of the property and the potential for future development. 5. Make sure to check the title deed of the property to ensure it is free from any encumbrances. 6. Be aware of any restrictions or regulations that may affect the use of the property. 7. Consider the cost of living in the area and the availability of amenities. 8. Make sure to inspect the property thoroughly before making a purchase," explained one expat living in Sri Lanka.
Other Questions:
- What do I need to know before retiring in Sri Lanka?
- How do I meet people in Sri Lanka?
- What is life like in Sri Lanka?
- Is there a lot of crime in Sri Lanka?
- Is there a lot of diversity? Are people in Sri Lanka accepting of differences?
- What are the schools in Sri Lanka like?
- Is the cost of living in Sri Lanka high?
- What advice do you have for expats having a baby in Sri Lanka?
- What are healthcare services like in Sri Lanka?
- Is the cost of living in Sri Lanka high?
- What type of recreational facilities are in Sri Lanka?
- What is the weather like in Sri Lanka?
- Are there good restaurants in Sri Lanka?
- Where will I buy groceries and do other shopping in Sri Lanka?
- What are the visa & residency requirements in Sri Lanka?
- Are healthcare and health insurance expensive in Sri Lanka?
- What do I need to know when buying property in Sri Lanka?
- Are foreigners allowed to own property in Sri Lanka?
- What appliances are typically included in a rental?
What do I need to know when buying property in Sri Lanka?
If you live in Sri Lanka, newcomers to Sri Lanka would love to hear your answer to this question:
