As a large population lives in Colombo, the rental property market has a diverse range of market sectors to provide solutions for. This includes residential property for rent in Colombo in the form of luxury houses, apartments and even annexes and rooms. The commercial importance of this city calls for a wide selection of commercial properties in Colombo for rent. This varies from retail outlets, offices and even warehouses, shop space and car parks. The demand for commercial property for rent in Colombo central is very competitive compared to the Greater Colombo, which also attracts many businesses as most parts of this city is highly congested. As Sri Lanka witnesses more international brands setting up here along with a rapid growth in the commercial sector, it puts higher pressure on the existing real estate. The rent in Colombo tends to be higher than in the suburbs, so it is a cost effective option to look for larger areas a little further from Central Colombo.
The convenience of living in this area has created more properties for rent, Colombo being the favoured city for real estate investment. Easy access to shopping malls, prestigious schools and superior hospitals in the city makes Colombo the best place to live. The fact that many jobs are Colombo based makes renting out an accommodation here a necessity. Fully furnished houses for short term rent are offered for holidays and work travel. A luxury house for rent in a residential area, off Horton Place in Colombo 7, this property is as good as an apartments for rent in Colombo, Galle Road as it provides a range of benefits. The most significant one is the location, which are preferred neighbourhoods in Colombo. Apartments offer fully air conditioned bed rooms and en suite bath rooms along with maintenance, roof top swimming pools and 24 hour security. Some are fully furnished or semi furnished. The different properties available in the market comes with various features to suit any taste and preference.
House for rent in Colombo are available as new houses in highly residential areas. There are also two to three story houses for rent, available as individual floors. They are rented out as a ground floor apartment or 1st floor unit. These have their own living rooms, separate entrances and even their own utility meters. Luxury properties come with a common bathroom, servant quarters, laundry room and even landscaped gardens. If it is located in a residential area such as Horton Place in Colombo 7, then the property will easily attract interest among tenants due to the premium spot. A 3 bedroom house with 2 attached bathrooms is an average sized house. If the surrounding is lovely, house is located close to supermarkets and bus stops, then the working crowd prefers a spot like that. This makes commuting easier. A single room with an attached bathroom is ideal for singles or students living in Colombo on a temporary basis. It is also possible to find a single bedroom house or annex at affordable rates in many parts of this city.