Property Prices in Kandy, Sri Lanka

Index Info
Price to Income Ratio: 8.07
Mortgage as Percentage of Income: 127.56%
Loan Affordability Index: 0.78
Price to Rent Ratio - City Centre: 15.32
Price to Rent Ratio - Outside of Centre: 22.09
Gross Rental Yield (City Centre): 6.53%
Gross Rental Yield (Outside of Centre): 4.53%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 38,333.33 Rs 35,000.00-45,000.00
Apartment (1 bedroom) Outside of Centre 25,000.00 Rs 25,000.00-25,000.00
Apartment (3 bedrooms) in City Centre 76,666.67 Rs 50,000.00-100,000.00
Apartment (3 bedrooms) Outside of Centre 56,666.67 Rs 35,000.00-85,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 12,499.90 Rs
Price per Square Feet to Buy Apartment Outside of Centre 12,499.90 Rs
Salaries And Financing
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Average Monthly Net Salary (After Tax) 83,333.33 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00

These data are based on 20 entries in the past 18 months from 4 different contributors.
Last update: November 2024

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