Sri Lanka today is considered one of the top destinations for expats to buy a vacation home in Asia. Even residents of its neighboring countries like India are opting to buy their second homes in the beautiful locations of Sri Lanka. In this article we will discuss about some of the prime locations in the island to buy a holiday home in this island country.
Predominantly, the southern coastal areas, which are also home to some of the beautiful pristine beaches, and the Central Province comprising cities like Kandy have seen a lot of interest from both the end-buyer and developers alike. However there are other areas too in the island which are worth considering. Here are some of the top areas in Sri Lanka to buy a vacation property:
Galle: This is a major location for holiday home buyers. Situated on the southwestern tip of Sri Lanka, 119 km from Colombo, Galle is the administrative capital of Southern Province of the country. The current magnitude of activity in the vacation property segment in Galle is phenomenal and its proximity to all major touristy places makes it the buyer’s foremost choice.
Kandy: The second largest city in the country after Colombo, Kandy though located in the Central Province of Sri Lanka actually has a thriving real estate market. For those looking to own a home amidst the hills or a plantation or on the river side, Kandy can be the best place to buy. Declared a world heritage site by UNESCO in 1988, the city is visited by tens of thousands of tourists each year making vacation rental a very profitable business.
Bentota: This is a town located on the southern tip of the Galle District of the Southern Province, overlooking the Indian Ocean. A tropical lagoon and a major river Bentota offer plenty of opportunities for water sports and apart from swimming, body-surfing or diving in the sea, one can jet-ski, windsurf, parasail or enjoy a romantic river safari on the river and lagoon. Bentota is 90 km from Sri Lanka’s international airport and 60 km from Colombo.
Ahungalla: Another major destination that is witnessing a lot of activity in the holiday home real estate segment, Ahungalla is situated on the South-West coast, 78 kilometers south of Colombo and 117 kilometers south of Bandaranaike international airport. Ahungalla is positioned on a flat narrow coastal strip surrounded by arable farmland and paddy fields. The setting is idyllic – a long stretch of unspoiled palm fringed beach on the South West Coast beside the Indian Ocean. Ahungalla is an ancient fishing hamlet and a tiny shanty village oblivious to the major constructions on the nearby coastline.
Balapitiya: Balapitiya is a coastal town, in south west Sri Lanka. It is located in the Southern Province in Sri Lanka. Situated 80 km South of Colombo, it is about a two-hour drive from the capital. Relatively new to enter the Sri Lankan property market’s map, nevertheless it is a great destination for those who are looking for the real Sri Lanka, away from the main-stream tourist resorts.While Balapitiya still seems untouched by mass tourism its only a short drive away from Bentota, one of Sri Lanka’s major beach resorts. To the south Aluthgama, is the surfers paradise of Hikkaduwa and the historical city of Galle which are within easy reach.
Ambalangoda: South of Bentota, the road and railway line run close to the long and continuous stretch of beautiful coast to arrive at the town of Ambalangoda, about 86 km from Colombo. The town has a gorgeous beach. But while the beach resorts of Bentota, Beruwala Bay Beach, Unawatuna Bay Beach and Hikkaduwa Bay Beach attract a lot of tourists, Ambalangoda provides a feeling of seclusion and opportunity to explore its long stretch of undeveloped beach. Apart from the beach this fair-sized coastal town is famous for mask carvers, local cultural centres and a bustling fish market. Today, Ambalangoda too is waking up to the real estate market catering mainly to expats wanting to lead a life of solitude.
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