According to the opinion of many people in Colombo, living in an apartment complex in Sri Lanka is much more convenient than living in a house. Many new apartments come furnished with everything you need, the layouts are designed efficiently with enough ventilation and space and many of them offer 24/7 security as well. Besides this, when you live in a condo you don't have to worry about parking since most apartments in Colombo have plenty of space dedicated for vehicles of the residents, even if they’re living temporarily on rent. In Colombo, the vertical living trend is more popular than in other areas. Because of this, there is also a considerably high demand for these properties. They are spread out in different parts of the metropolitan city and its suburbs like Wellawatte and are great investment opportunities to earn rental income from. Many of them are designed with at least 2-3 bedrooms, attached bathrooms and spacious living rooms overlooking either the ocean or the breathtaking city view.
With Wellawatte’s strategic positioning in the city, every year it attracts more and more people. Those with considerable budgets search for apartments in areas like Colombo 6 and Colombo 4 that are closer to their workplaces or opt to settle in rooms for rent in Colombo 4 that are affordable. At the same time, with areas such as Pamankada and Kirulapone in Colombo 6 becoming great locations for businesses, the land prices in the city have increased relatively. Because of this, it isn't easy to build a house from scratch even after finding a good plot that is not too far from the Galle road. For this reason and the ultimate convenience, many people prefer apartments over any other property type.
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