What to look for when buying an apartment.

There are many Luxury Apartments For Sale in Sri Lanka as the apartment real- estate scene in Sri Lanka is diverse and comes with different price tags and facilities, in different locations.

You can easily fulfill the Sri Lankan dream of home ownership by owning an apartment as long as you can afford it, but it’s wise to look beyond the price tag and take some factors into consideration before you begin your quest for the perfect apartment of your choice.

So if you’re interested in purchasing an apartment for yourself and your family, here’s what you need to find out about.

  • Peaceful neighbourhood

Imagine a situation whereby you live in a super – deluxe, state of the art condominium, but you or your kids are unable to have a peaceful walk around the building, because the environment is not suitable or safe. Your investment will be a waste, as life is not meant to be spent indoors, alone.

  • Security

Some apartment complexes have a strict security policy that does not entertain outsiders that easily. This is very important and beneficial especially, if you live in a crowded neighborhood. It is better to opt for a condominium that checks and registers the details of any visitor and one that also has CCTV facilities around the apartment complex vicinity.

  • Waste Disposal

Waste management and Disposal may seem like an overrated and overlooked requirement but when it comes to peaceful and hygienic living, this actually carries a lot of weight in the overall quality of life. Certain apartments in Colombo, do not have an organized system in place and most of the time, residents find themselves stuck indoors with stinky garbage as they are unable to dispose their garbage at a designated location assigned by the Condominium Management.

  • Proximity to schools, hospitals and supermarkets

It’s very crucial that your apartment is located close to these essential services as commuting to such places is not always easy. To be located at a stone’s throw, or walking distance helps save time and trouble.

  • In- house recreational facilities such as gym, swimming pool and rooftop lounge.

When you pay a fairly large sum for your apartment, it’s vital to ensure that the condominium offers you these facilities and eliminate the need for you to seek these services elsewhere.

  • Size of the living space

Certain apartments look great on brochures but once you physically visit them, they can tend to give you that ‘living in a matchbox’ feeling that is very normal with tiny spaces. It’s very important to check the overall space of the apartment before you purchase one, especially if you are living overseas and unable to visit the premises by yourself.

  • Price

Before you commit to an apartment, do check if the market rate is in par with the quoted price. There have been instances when apartments were slapped with very low price tags due to some underlying issues that owners do not divulge at the beginning.

  • Nature of neighbors

If there is anything more annoying than construction noises, it is definitely nosy, loud and boisterous neighbors. Opt for peace and quiet by choosing your apartment wisely. Have a chat with the neighbors if possible, right before you sign the papers.

  • Car Park facilities

Make sure you have a designated area to park your car. The last thing you need is to park on the streets and undergo daily hassles and issues.

Compare listings

Compare