Sri Lanka property along the coast continues to attract foreign buyers seeking stunning scenary
Sri Lanka averages about 400,000 tourist visiting every year which adds significantly to the economic well-being of this exotic destination. Domestic residential, tourist accommodation, and commercial real estate not only benefits from this trade but also the government of Sri Lanka is very active in promoting through incentives the concept of real-estate investment and growth
The project we feature is the first of its kind in the Dematagoda area and will cater to the growing demand for middle-income housing. The Golden Enclave Ascon Residencies is a 13 storey high complex with 126 two and three bedroom apartments and 14 luxury penthouses.
Maintaining the developers's commitment to providing a high quality of life to its customers, Golden Enclave Ascon Residencies feature leisure facilities such as a swimming pool, gymnasium, children’s play area and a car park on the ground floor for 140 cars which have no equal in Colombo’s residential buildings.
The developers have applied their expertise to this project in order to provide their customers with complete satisfaction and draw attention to the emerging Dematagoda area that has easy access to all road networks leading to the Bandaranaike International Airport at Katunayake and Kandy, the hill capital of Sri Lanka. Further, the entire internal structure of the building is designed in such a manner as to allow enough cross ventilation and with emphasis on creating an eco-friendly environment in and around the complex and energy saving aspects.
With a total built-up area of 200,000 square feet, a shopping mall covering 15,000 sq.ft. and an atrium up to the 12th floor have also been built into the complex. This further adds to the attraction of the Golden Enclave Ascon Residencies as retailers and department stores have already signed up to be a part of this venture.
International investors looking for a commercial sector would encounter no resistance in the form of excessive taxation or foreign ownership restrictions. For large investors it is worth incorporating and then directly targeting westerners who seek an alternative winter sun destination.
Then Southwest coast is booming and adorned with beautiful beaches and centuries-old temples and houses; irresistible for foreigners looking for relaxation and good investment. Non national can buy property as long as they pay the Land Tax for foreigners, at 100% of the property value which is often the case. Leasing the land for 99 years, bringing the tax down to 7% is another option non national have at their disposal.
Why Us
Just a few reasons
Investment Matching Service
Supply your budget and timescale and let us do the rest. We will supply a selection of options to choose from.
We are directly contracted to the developers we represent - no lengthy complicated chains
All payments and legal contracts are handled directly by the developer - we take no monies
We will place buyers in contact with the correct personnel at the developers offices
We offer after sales services
We provide currency conversion at excellent rates through leading known companies
Investment Matching Service