Property Prices in Colombo, Sri Lanka

Index Info
Price to Income Ratio: 37.85
Mortgage as Percentage of Income: 753.08%
Loan Affordability Index: 0.13
Price to Rent Ratio - City Centre: 21.69
Price to Rent Ratio - Outside of Centre: 41.27
Gross Rental Yield (City Centre): 4.61%
Gross Rental Yield (Outside of Centre): 2.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 97,411.76 Rs 60,000.00-150,000.00
Apartment (1 bedroom) Outside of Centre 45,705.88 Rs 22,000.00-80,000.00
Apartment (3 bedrooms) in City Centre 225,208.33 Rs 120,000.00-400,000.00
Apartment (3 bedrooms) Outside of Centre 103,466.67 Rs 50,000.00-180,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 48,301.11 Rs 32,515.79-72,928.28
Price per Square Feet to Buy Apartment Outside of Centre 42,663.86 Rs 18,580.45-89,999.25
Salaries And Financing
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Average Monthly Net Salary (After Tax) 64,677.42 Rs
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 19.48 15.00-25.00

These data are based on 227 entries in the past 18 months from 47 different contributors.
Last update: December 2023

Sources and References
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