The city of Colombo is where the economic future of the country is being decided on a daily basis. In fact, neighborhoods besides the Galle road seems to be flourishing with plenty of new businesses from local as well as foreign investors. Many BPOs and KPOs are located within the heart of this city and jobs are far easier to find compared to other parts of the country. Because of this, properties for rent in Colombo, such as a fully furnished house for rent, annex for rent in colombo or rooms for rent for rent in colombo, is a common sight throughout the city. As such, when it comes to leasing, the properties in Colombo for rent are some of the best, found in Sri Lanka. Whether it is a luxury house in a residential area, an apartment, a land or a commercial space, there are numerous options available for a prospective tenant who is on the lookout for an affordable rental property. 

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.
With all respect I would like to bring it to your knowledge that I have found a house for me and my family. As I told you that they are moving to Miami from Pakistan, your apartment is very good but it’s not possible for me to accommodate a family of 5 members in this apartment, I have got a new house on rent in the same area near your house. I would highly appreciate if you clear my all bills and rent. And hand over me my deposit as I have to give it to my new land lord. I shall be really thankful to you. 

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.
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