Indian Property Buyers Eye Sri Lanka

Insider Story Locations

Find our most recent stories tagged by their locations. Click here for more story locations.

Posted: 06 May 2012 | 6:00 am

A good read that caught my attention was a piece in the India's Economic Times on an increasing number of property buyers looking at nearby Sri Lanka.

For many the curent price levels for vacation or second homes in the Hill Country remain attractive. While foreigners can own real estate, there is a one hundred per cent tax on the value.

Though one advantage of ownership remains the ability to own a home outright and obtain bank financing due to it's freehold status.

It's expected that Sri Lana remains a prime investment and holiday destination for the Indian market. Easy access, and extraordinarily high land and hotel rates in India may boost the nearby island.

DO YOU LIKE THIS?

Insider up to the Minute

Cool Hunting - On the Web

Get out of the box. komune Bali surf resort
www.komuneresorts.com

Uber ultra villa holidays
exclusiveresorts.com

Art, design and just too cool Bali-style
www.theyakmag.com

PHUKET WEATHER

The Green Report

A column featuring environmental issues and conservation around the island. Click here for more Green Reports check out the latest story from the leading experts:

TV Show Features Phuket Solar Villa

A recent Channel News Asia television segment Boomtown Asia checked into the island's environmental, and sustainable tourism sectors.

Resorts Loving Evening Breeze Natural Air System

The innovative Evening Breeze environmental cooling system is gaining global attention in the resort markets and villas.