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Luxury apartments with panoramic views in the center of Colombo

$392,000
$4,260 /m²
  • Total area
    92 m²
  • Bedrooms
    2
  • Bathrooms
    2
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Features
  • Total rooms: 4
  • 47-floor building
  • 23 floor
  • Built in 2018
  • Sea at 200 m
  • Lake at 10 m
  • Internet
  • TV
  • From developer
  • Swimming pool
  • Garden
  • Car parks
  • Sea view
  • Lake view

Luxury residential apartments in a mixed development in metropolitan Colombo consisting of mall and city hotel. The construction is due to be completed in December 2019 and well ahead of schedule. The apartments are located in front of Beira Lake, Colombo 2 bordering Colombo 3. They have splendid views of the Indian Ocean, Beira Lake, Colombo Port, and City.

The apartments consist of 2,3,4, and 5 bedroom penthouses. The residential units start from the 18th floor and guarantees breath-taking panoramic views and sunsets.

  • 2 bedroom units 986-1302 sq ft starting US$ 391,500
  • 3 bedroom units 1654–2449 sq ft starting US$ 677,000
  • 4 bedroom units 2431–2449 sq ft price on request
  • 5 bedroom penthouses 4898 sq ft price on request

Project is designed by world renounced international architects Aedas and design firm Gensler and backed up an international hotel chain and one of Sri Lanka’s premier private companies listed in the Colombo Stock Exchange and constructed by the company that has built a majority of high-rises in Sri Lanka that has changed its skyline in the recent past.

Interior

  • Spacious living rooms and two kitchens.
  • Panoramic views from most rooms and living room.
  • Wet and dry kitchens.

Equipment

The residents will have complete privacy and separate access and parking facilities from the mall and hotel clients. All apartments have been designed with large living spaces in mind.

Apartments are fitted with quality European fittings and comes with two fully equipped wet and dry kitchens.

Advantages

Located right in the city center makes this location accessible to quality restaurants, shopping, schools, and hospitals bu foot. The Financial District is only five minutes away so is most five stat hotels.

Expected rental yeilds north of 6%.

Location and nearby infrastructure

Colombo 2 in front of Beira Lake bordering Colombo 3 and Bishops College.

  • Property on the map
    Location right down to the building, street or city
  • Panoramas
    Virtual tour along the streets of the neighbourhood
  • Infrastructure
    Shops, schools, transport and entertainment
  • Other properties
    Other offers nearby

More properties

If this property wasn’t for you, take a look at other new homes for sale in Sri Lanka.

You can see more new homes for sale in Colombo elsewhere on our website.

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      FAQs

      • Can I get a mortgage abroad?

        It depends on the country. For example, German banks willingly offer mortgages to foreigners at 1.5-2 % per annum with LTV up to 70%. Spain offers less favourable terms: the minimum rate for foreigners is 2.5% per annum. The situation is different in Greece: although the law does not prohibit banks from issuing loans, in practice, Greek banks don’t issue loans to local nor foreign property buyers. You can learn about the mortgage terms in your preferred country by contacting Tranio’s local agents.

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      • Can a residence permit be obtained by buying property?

        In some countries it is possible. Residence-for-property purchase programmes are known as Golden Visas programmes. Greece, Spain, Latvia, and Portugal offer the most popular Golden Visas in Europe. The Greek residence permit is the cheapest and can be obtained by buying a property worth at least €250,000, while organising all of the documents costs about €19,000. Certain countries offer citizenship to property buyers — for example, an investor can get their hands on a Cypriot passport by buying a property worth at least €2M.

      • Can I obtain income from a seaside apartment?

        Yes. You can use the purchased property yourself for holidays and lease it to tourists for the rest of the time. To avoid the hassle of finding tenants and cleaning the property, it’s a wise idea to hire a management company to do all the work – these services usually cost about 20% of the rent. Take into account the length of the tourist season in the location you choose: in certain regions it will be easy to rent apartments out all year round, while in others it might only be possible to do so during the high season.

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