RESIDENTIAL PROPERTY IN SRI LANKA FROM 28 830 💷 GBP

Location:
SRI LANKA
Category:
RESIDENTIAL PROPERTY
Type:
Villa
Beds:
-
Currency:
£ GBP
Prices:
-
Results:
1 listings
# 5993823 - £28,830 - 4 Bed Villa, Negombo, Western Province, Sri Lanka

LIFESTYLE AMENITIES

  • Golf
  • Ski
  • Beach
  • Diving
  • Equestrian
  • Biking
  • Hiking
  • Fishing
  • Spa
  • Wine
5

Exclusive Management Consultants

Based in: Sri Lanka

Telephone: 0094773474913

listings

View all Listings
№: 5993823

4- Bed Villa for Sale

£28,830

Negombo, Western Province, Sri Lanka

Listed By: Exclusive Management Consultants on 23.06.2012
Browse 1 residential property in Sri Lanka - 🏠 houses & apartments for sale from 28 830 💷 GBP on TheMoveChannel.com.

Sri Lanka’s growth into one of the 🌎 world’s favourite holiday destinations has been nothing if not impressive. From the stunning blue seas to the idyllic landscapes and those all-important low living costs, millions are flocking to Sri Lanka’s golden sands each year. From an investor’s perspective, this of course makes for an ideal buying opportunity – especially since the government’s scrapping off the 100 per cent land sale tax imposed on all foreigners buying in. However, a further update to national laws in 2013 rendered it impossible to buy land outright, bringing in a new restriction limiting foreign investors to 99-year leases. Taxes and fees vary between 5 per cent and 10 per cent, which isn’t bad considering the astonishing demand for holiday lets all year-round.

Once the term for Roman country 🏠 houses, the word "villa" now has a much wider meaning, which encompasses extravagant country estates and semi-detached bungalows. But whether talking about detached holiday homes or high-end rental properties, the term "villa" still carries connotations of class.

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