Houses for sale in Colombo 5 (205)

House for sale in Colombo 5

Narahenpita that is also broadly known as Colombo 5 with the postal code 00500 is a town that is well known for its connectivity to the main city of Colombo. It is a hub connecting different suburbs of Colombo and has a well interlinked public transportation network that helps people get to and fro from this city. The properties for sale in Colombo 5 have seen a high demand especially for a house for sale in Colombo 5/Narahenpita over the past few years with the town continuously growing in development and advancement. The houses for sale in Colombo 5 have risen in value making them even more expensive and attractive at the same time. 

Among the people into the town to live in a house for sale in Colombo 5 many of them are families with kids. The children are admitted to top Colombo schools in the vicinity such as St. Lawrence Girls’ school, St. Peter’s College etc. With the blood bank being in the vicinity and reputed hospitals being a few minutes drive away the nummber of people searching for a home in this town has also increased. 

Because of the number of people moving in here, opportunities for business has also open. As a result, in Colombo 5 and Kirulapona that is easily accessible through Colombo 5, you’ll be able to find many educational institutions. These institutes offer tutory lessons for school children and higher educationary lessons for those in tertiary education. 

The lifestyle of those living here has also influenced the types of constructions taking place. In fact, you might not just find a house for sale in Colombo 5 Park road and Isipathana mawatha but you’ll also be able to select from a variety of apartments for sale in Colombo 5  Havelock road and Thimbirigasyaya area. 

The lands for sale in Colombo 5 have been increasing in prices as well due to the rising limitation of property in the town. However, property investors and developers who purchase these properties to construct a house for sale in Colombo 5 or commercial property for sale in Colombo 5 have been benefiting from these price increases. Thus making real estate investments in Sri Lanka one of the most profitable sources of income. 

Finding a house for sale in Colombo for a low price has almost become difficult as finding a needle in a haystack. You could browse through a variety of listings for a house for sale in Colombo 6 or Pamankada or a house for sale in Nawala but finding one that’ll meet your budget can be difficult. Because of this reason now many people to choose to apply for a mortgage loan from a reputed bank in Sri Lanka. Through they purchase their dream house for sale in Colombo 4 or a house for sale in Dehiwala with 3-4 bedrooms, spacious bathrooms, hot water and air conditioning and many more features. 

You’ll find similar properties like these in Poorwarama road Colombo 5 too. However, depending on the features offered in these homes they can be as expensive as a house for sale in Colombo 7 or a house for sale in Colombo 3. Due to this reason, it is always advisable to estimate your budget and spending abilities in terms of repaying the loan using an online mortgage loan calculator.