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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.

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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How to buy property with Tranio
Enquiry

Send us an enquiry with an approximate description of the property or investment project you’re interested in.

Meeting the partners

After clarifying your enquiry, we will introduce you to our partners and/or local agents.

Offer selection

We will help you to select suitable options. Tranio does not charge a commission for this — the property price remains the same as if you contacted our partner directly.

Viewing tour

You then view the property or properties you have chosen. Our partners or agents from Tranio's European offices will meet you in situ.

Transaction closure

Having chosen the best property, you will sign the sales or investment agreement (for development).

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.

  • How does the purchase procedure work?

    The purchase procedure depends on the country where you buy property. Generally, after choosing a property you need to sign a preliminary agreement with the seller and carry out a due diligence of the property by checking the relevant documents and the property's technical condition. After that, all parties sign the sales agreement and the notary registers the transaction. As a rule, the purchase registration costs amount to approximately 10% of the property price.

  • 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.

  • How does Tranio make money if your service is free for the clients?

    We share the commission, which the buyer or the seller (depending on the country) pays to our partners — foreign real estate agencies. The price of this service is the same as if you contacted the agency directly — this is an important condition and applies to all of our partnership agreements.

  • Who guarantees the transaction security?

    The transaction security is guaranteed by the notary who draws up the sales agreement and checks the information on the previous and current owners of the property, any outstanding restrictions, mortgage, and third-party encumbrances. Tranio is not responsible for the parties involved in the transaction.

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Limassol, Cyprus
Tranio Cyprus LTD, 38 Karaiskaki Kanika Alexander Center, Block 1, 1st Floor office 113b, 3032 Limassol Cyprus
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Athens, Greece
Tranio LLC, Vissarionos, 4, 10672 Athens
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Torrevieja, Spain
Tranio LLC, Calle del Palangre, 14, 03182 Torrevieja
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Dubai, UAE
Tranio Global Real Estate, Wafi Residence, Oud Metha Rd - Umm Hurair 2 - Dubai - United Arab Emirates
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Berlin, Germany
Tranio Germany GmbH, Schlüterstraße 38, 10629 Berlin
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