Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 41.98
Mortgage as Percentage of Income: 796.90%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 23.68
Price to Rent Ratio - Outside of Centre: 39.56
Gross Rental Yield (City Centre): 4.22%
Gross Rental Yield (Outside of Centre): 2.53%
Rent Per Month
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Apartment (1 bedroom) in City Centre 87,583.33 Rs 50,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 52,999.90 Rs 29,999.00-85,000.00
Apartment (3 bedrooms) in City Centre 283,666.67 Rs 150,000.00-450,000.00
Apartment (3 bedrooms) Outside of Centre 120,650.00 Rs 50,000.00-180,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 57,155.25 Rs 34,999.71-74,999.38
Price per Square Feet to Buy Apartment Outside of Centre 47,560.84 Rs 18,580.45-83,612.04
Salaries And Financing
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Average Monthly Net Salary (After Tax) 67,125.00 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 18.50 15.00-30.00

These data are based on 150 entries in the past 18 months from 36 different contributors.
Last update: November 2024

Sources and References
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