Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 43.63
Mortgage as Percentage of Income: 871.54%
Loan Affordability Index: 0.11
Price to Rent Ratio - City Centre: 26.90
Price to Rent Ratio - Outside of Centre: 52.49
Gross Rental Yield (City Centre): 3.72%
Gross Rental Yield (Outside of Centre): 1.91%
Rent Per Month
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Apartment (1 bedroom) in City Centre 76,000.00 Rs 45,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 46,923.08 Rs 25,000.00-75,000.00
Apartment (3 bedrooms) in City Centre 233,750.00 Rs 120,000.00-350,000.00
Apartment (3 bedrooms) Outside of Centre 103,771.43 Rs 50,000.00-180,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 54,659.71 Rs 34,999.71-72,928.28
Price per Square Feet to Buy Apartment Outside of Centre 55,056.62 Rs 29,999.75-89,999.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 67,666.67 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.56 15.00-30.00

These data are based on 181 entries in the past 18 months from 36 different contributors.
Last update: July 2024

Sources and References
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