The only operating expense for landlords is the landscaping. In addition, the rents for single family are growing fast at 4.5% annually now compared with 3% rent growth for multifamily apartments, according to John Burns Real Estate Consulting. There is also much less turnover in single-family rentals, and the rental market is much less volatile than the home sales market.

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.


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
Description : Available just next to society wall.S a well maintained flat. And society is very clean and cit is a residential ap... read moreartment for rent in pune. It is provided with a lift,a reserved parking and a security system for safety measures. It is in the prime location of city having market,school,college,hospital lies nearby. It is provided with 24 hour water and electricity facility.Lam. All the amenities are nearby like super market, bus stop, auto stand, schools, colleges, hospital, temples, and markets. Plenty of water is available. No problem of wastage removal. - 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
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"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."
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