Joanna James
So, you’ve decided you want to move into your first apartment in Sri Lanka, and why not? They’re often conveniently located, are low maintenance, and have many amenities that make your life easier. But choosing the right place requires plenty of careful thought. Here’s what you need to consider when looking for your new apartment home in Sri Lanka.
This might sound a little boring and technical but it can’t hurt to know the status score of the Sri Lankan real estate market. In fact, it can help you make more informed decisions based on what types of properties are in demand, the values of certain property types and other financial factors that can affect apartment living in the future. There are plenty of reports and updates online, but if you’re a little out of your element you can consult an expert.
Basing yourself in the right location is crucial if you want to enjoy more convenient living. Areas like Colombo, Galle and Kandy are worth considering for apartments in Sri Lanka since they feature proper infrastructure and frequent developments. You should also consider the specific location of your apartment and whether it suits your personal and professional requirements. Ideally, you’ll want to be close to your workplace, banking institutions, supermarkets, healthcare facilities and even educational institutes if you have kids.
Budget considerations may dampen your dreams of living in the perfect apartment, but they keep things realistic. Purchase prices are particularly important to consider but they’re not the only factor. Buying an apartment involves many processes so you’ll need to think about legal fees, stamp duties, taxes and any additional purchases like furniture and decor for your interior. Then come the ongoing expenses which include maintenance, insurance and utilities. Considering all of these is vital to ensure you choose an apartment that doesn’t break the bank, immediately and in the long run.
There’s no better feeling than coming home to an apartment that suits your needs and lifestyle. Consider how big you want your apartment to be, the number of bedrooms and bathrooms you require and what type of layout suits you best. This will obviously depend on whether you’re staying alone, with others or if you often host social gatherings. Whether you prefer a spacious, open-plan apartment or a smaller living space just for you, you’ll find plenty of options available in Sri Lanka.
One of the common allures of modern apartments is the amenities and facilities they offer for more convenient living. Most urban apartments come with a pool, gymnasium, parking, and security, which are great additions that make apartment living more enjoyable. You’re more likely to find such apartments, in urban areas like Colombo. This is where you’ll find newer projects, like those by Prime Residencies, that cater to a more comfortable and convenient lifestyle for modern apartment dwellers.
Whether you like it or not, buying an apartment involves a lot of paperwork and legal formalities that you need to address. Legal paperwork requires careful consideration - checking for property deeds and building permits is important to ensure that everything is legal and up-to-date. You’ll also need to check the seller’s ownership, whether they have the necessary government approvals and that there are no property disputes. These matters can get quite complicated so it's best to have legal consultation.
A true believer that the pen is a mighty weapon, ventures into reaching the minds of every reader with the earnest hope of leaving an indelible stream of thought.
A travel writer who has a passion for fashion and a deep interest in admiring new and exotic attractions around the world.
