Investment Property in Dehiwala-Mount Lavinia

Investment Real Estate in Dehiwala-Mount Lavinia

Investment Property in Dehiwala-Mount Lavinia
Investment Property in Dehiwala-Mount Lavinia

Dehiwala-Mount Lavinia property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Dehiwala-Mount Lavinia.

Get Our Latest List of Investment Property in Dehiwala-Mount Lavinia

Search Map of Dehiwala-Mount Lavinia Investment Real Estate

Dehiwala-Mount Lavinia (Sinhala: දෙහිවල-ගල්කිස්ස, romanized: Dehivala-Galkissa; Tamil: தெஹிவளை-கல்கிசை, romanized: Tehivaḷai-Kalkicai), population 245,974 (2012) is the largest suburb of the City of Colombo, and covers an extent of 2109 hectares. It lies south of the Colombo Municipal Council area and separated from it by the Dehiwala canal which forms the northern boundary of DMMC. Its southern limits lie in Borupana Road and the eastern boundary is Weras Ganga with its canal system and including some areas to its east (Pepiliyana, Gangodawila and Kohuwala). This town has extensive population and rapid industrialization and urbanization in recent years. It is home to Sri Lanka’s National Zoological Gardens, which remains one of Asia’s largest. Colombo South Teaching Hospital, Kalubowila and Colombo Airport, Ratmalana are some important landmark in this area. Dehiwela-Mount Lavinia and Sri Jayawardenapura Kotte being two large suburban centers of the city of Colombo function together as one large urban agglomeration in the Region (Western Province). The overspill from the City in residential and commercial uses of land have rapidly urbanised these suburban centers. Dehiwela-Mount Lavinia and Sri Jayawardenpaura along with Colombo Municipal Council form the most urbanized part of the core area of the Colombo Metropolitan Region. Dehiwala and Mount Lavinia lie along the Galle Road artery, which runs along the coast to the south of the country.

Get Our Latest List of Investment Property in Dehiwala-Mount Lavinia

The financial stability of Dehiwala-Mount Lavinia has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Dehiwala-Mount Lavinia

Renting out your Dehiwala-Mount Lavinia buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Dehiwala-Mount Laviniaare – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Dehiwala-Mount Lavinia and be prepared to change your initial outlook.
  • Thoroughly research the Dehiwala-Mount Lavinia location with a special emphasis on fringe areas outside the main Dehiwala-Mount Lavinia metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Dehiwala-Mount Lavinia.
  • Ensure that your target investment property in Dehiwala-Mount Lavinia appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Dehiwala-Mount Lavinia properties yourself is an easy option, but are these savings justifiable when you run into Dehiwala-Mount Lavinia red tape? Physis Realty Dehiwala-Mount Lavinia office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Dehiwala-Mount Lavinia buy-to-rent sector.

With our expert guidance, investing in Dehiwala-Mount Lavinia provides the secure knowledge that your money is working harder than it would in a local Dehiwala-Mount Lavinia bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Dehiwala-Mount Lavinia, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Dehiwala-Mount Lavinia property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Dehiwala-Mount Lavinia

Flipping property in Dehiwala-Mount Lavinia

Flipping property is when we advise clients to buy a Dehiwala-Mount Lavinia property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Dehiwala-Mount Lavinia market has a time to react to the renovation.

The Flipping Strategy in Dehiwala-Mount Lavinia

Investment property flipping in Dehiwala-Mount Lavinia is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Dehiwala-Mount Lavinia real estate investments are sometimes referred to by professionals as ‘distressed’ Dehiwala-Mount Lavinia real estate.

What is distressed Dehiwala-Mount Lavinia property:

  • Dehiwala-Mount Lavinia property in need of renovation
  • Dehiwala-Mount Lavinia real estate with a change of puropose and use
  • Oversold Dehiwala-Mount Lavinia property
  • Bank repossessions in Dehiwala-Mount Lavinia

Put simply, long term investors in Dehiwala-Mount Lavinia purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Dehiwala-Mount Lavinia investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Dehiwala-Mount Lavinia property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Dehiwala-Mount Lavinia use a minimum profit value of 22% when looking at potential Dehiwala-Mount Lavinia projects. The reason for this is because there are lots that can go wrong in Dehiwala-Mount Lavinia property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Dehiwala-Mount Lavinia

For luxury property investors hoping to add a superb property in {AsainCity} to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

Click Here for the Physis Realty Facebook Page

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Dehiwala-Mount Lavinia, Physis Realty caters particularly to high net-worth individuals and families in Asia. A luxury real estate investment in Dehiwala-Mount Lavinia should be entrusted to only the highest-quality agency.

Get Our Latest List of Investment Property in Dehiwala-Mount Lavinia

Compare listings

Compare