Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 39.11
Mortgage as Percentage of Income: 788.52%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 23.67
Price to Rent Ratio - Outside of Centre: 47.34
Gross Rental Yield (City Centre): 4.22%
Gross Rental Yield (Outside of Centre): 2.11%
Rent Per Month
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Apartment (1 bedroom) in City Centre 91,235.29 Rs 50,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 48,000.00 Rs 22,000.00-80,000.00
Apartment (3 bedrooms) in City Centre 233,846.15 Rs 120,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 98,704.76 Rs 50,000.00-180,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 52,132.84 Rs 34,838.35-72,928.28
Price per Square Feet to Buy Apartment Outside of Centre 49,011.47 Rs 18,114.71-89,999.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 69,590.91 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.76 15.00-30.00

These data are based on 214 entries in the past 18 months from 38 different contributors.
Last update: May 2024

Sources and References
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