Due to the high price of real estate in Sri Lanka, rental properties are a more convenient alternative for many. Expats find a house for rent in Sri Lanka a cheaper option compared to houses for sale in Sri Lanka due to tax reasons. Vacation rentals are on a short term basis and ideal for tourists. But those who move to the country for the long term can find fully furnished houses with a range of facilities in highly residential areas. Air conditioned bed rooms are important, especially due to the tropical weather and hot summer days. Rent in Sri Lanka varies based on the location. In the city centre the average price of a single story, 1 bedroom house for rent is likely to be Rs. 40-60,000 while outside the city centre the rent is much lower between Rs. 15-25,000. A 2 to 3 bedrooms’ house is ideal for an average family with dining and living rooms, house located close to local amenities. The surrounding facilities also affect the house rent.

Foreclosures, however, are now few and far between. Distressed properties — foreclosures and short sales ) — make up just 2% of home sales today, down from a high of 49% in March 2009, according to the National Association of Realtors. The regular existing home market is very pricey, so investors are now turning to a new strategy: Buy new. And suddenly, the so-called build-to-rent market is exploding.

"I think that these funds, these investor groups are looking at a cultural move away from your garden apartment with elevators, swimming pools, tennis courts and common areas," Ellenburg said. "Homeownership is looking less desirable to some, particularly in the affordable arena, and they have a chance, for very close to the same price, to rent a three-bedroom, two-bath or a four-bedroom, three-bath home and are able to call it their own."
Description : 3 bhk flat available for rent in wagholi, pune. It is located in eklavya prayag dham, which is a very good society.... read more The space is unfurnished, located on 1st floor of 2 floors. It has 3 bedrooms, 3 bathrooms and 3 balcony(s). It is an ideal accommodation for family and has a super built-Up area of 1511. 0 sq. Ft. It is a 1-5 years. There is 1 covered parking. Available for a monthly rent of rs. 14000 and a security deposit of rs. 40000 - view less 

Description : A 3 bhk flat for rent in wagholi, pune is available. It is a spacious and thoughtfully designed apartment. This apa... read morertment with two balconies is a part of raviraj ozone villas. This apartment has 3 bathroom(s). The 3 bhk apartment has a super built-Up area of 2600 sq. Ft. The built-Up area is 2200 sq. Ft. The carpet area is 1900 sq. Ft. It is on the ground of 1 floors and is available for all. It is a furnished apartment with 3 wardrobe(s), 3 bed(s), 1 modular kitchen, 1 fridge(s), 3 ac(s), 1 geyser(s), 1 sofa(s), 1 dining table(s), 5 fan(s), 5 light(s), 1 stove(s), 1 washing machine(s), 1 water purifier(s), 1 curtain(s) and 1 exhaust fan(s). This apartment has a 10-Meter wide road at the front. The flat is east facing with vitrified flooring. It is a 1-5 year old property in a gated society. The society offers full power back up. There is one open parking and one covered parking. The expected monthly rental of this apartment is rs. 25000/-. Some of the additional costs include securit - view less
Description : 4 bhk flat available for rent in hadapsar, pune. It is located in panchshil one north, which is a very good society... read more. The space is fully furnished, located on 12th floor of 21 floors. It has 4 bedrooms, 5 bathrooms and 2 balcony(S). It is an ideal accommodation for all and has a super built-Up area of 3880. 0 sq. Ft. It includes 5 wardrobe(S), 5 bed(S), 1 modular kitchen, 1 fridge(S), 6 ac(S), 4 geyser(S), 3 tv(S), 1 sofa(S), 1 dining table(S), 6 fan(S), 20 light(S), 1 stove(S), 1 washing machine(S), 1 water purifier(S), 1 dining table(S), 1 curtain(S), 1 chimney(S) and 1 exhaust fan(S). It is a 1-5 years. There is 2 covered parking. Available for a monthly rent of rs. 120000. - view less
Description : I want to rent out a 2 bhk apartment available in chordiya arihant galaxy, yewalewadi, pune. Located in a serene pl... read moreace, it has a super built-Up area of 980. 0 sq. Ft. It is an attractive and a newly constructed property. The property has an amazing location and is unfurnished. It has 1 balcony(S) which offer an excellent view. Immediately available. - view less
Description : 3 bhk flat available for rent in hadapsar, pune. It is located in panchshil one north, which is a very good society... read more. The space is fully furnished, located on 7th floor of 20 floors. It has 3 bedrooms, 3 bathrooms and 1 balcony(S). It is an ideal accommodation for all and has a super built-Up area of 3000. 0 sq. Ft. It includes 3 wardrobe(S), 3 bed(S), 1 modular kitchen, 1 fridge(S), 4 ac(S), 3 geyser(S), 1 tv(S), 1 sofa(S), 1 dining table(S), 6 fan(S), 20 light(S), 1 stove(S), 1 washing machine(S), 1 water purifier(S), 1 dining table(S), 1 curtain(S), 1 chimney(S) and 1 exhaust fan(S). It is a 1-5 years. There is 2 covered parking. Available for a monthly rent of rs. 85000. - view less
Description : 4 bhk flat available for rent in hadapsar, pune. It is located in panchshil one north, which is a very good society... read more. The space is fully furnished, located on 12th floor of 21 floors. It has 4 bedrooms, 5 bathrooms and 2 balcony(S). It is an ideal accommodation for all and has a super built-Up area of 3880. 0 sq. Ft. It includes 5 wardrobe(S), 5 bed(S), 1 modular kitchen, 1 fridge(S), 6 ac(S), 4 geyser(S), 3 tv(S), 1 sofa(S), 1 dining table(S), 6 fan(S), 20 light(S), 1 stove(S), 1 washing machine(S), 1 water purifier(S), 1 dining table(S), 1 curtain(S), 1 chimney(S) and 1 exhaust fan(S). It is a 1-5 years. There is 2 covered parking. Available for a monthly rent of rs. 120000. - view less
Popular areas like the Galle Road are important business hubs and offers plenty of commercial property. Multi story house owners sometimes let out their ground floor for business outlets or offices. Renting property is all too common among businesses too. Lands for sale in Sri Lanka has been experiencing a rise in value with the ever increasing demand for real estate from both locals and foreigners. New business start-ups have triggered a range of property developments such as mixed developments, luxury condominium and modern houses in different parts of the island. Luxury houses for rent are a growing market within properties in Sri Lanka. Since popular cities such as Colombo, Galle and Kandy fall into the high price zone in Sri Lanka, houses for rent is a cost-effective option for many in current times. The country’s low cost of living and unique natural beauty makes this a wonderful living destination.
Description : Available a beautiful brand new 3bhk in one of the best locations of balewadi in one of the best project. With all ... read moreamenities like pool, club house, children's play area, gym, 2 lifts with back up. With modular kitchen, water purifier. For families only. Please call for details. Additional details : The society has dedicated security guards for every tower. Full power backup is available. Daily needs shopping could be done within the society premises to make the stay convinent. The apartment has borings water supply. - view less 
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