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Market Trends

Market outlook for 2024

2023 has been an interesting year for those here at LRE who are involved in property transactions around our island paradise. We have seen a significant uptick in interest on the east coast which had been in dormant mode since 2018. People are at last realising that the east coast of Sri Lanka has so much to offer in terms of value, natural beauty, proximity to cultural sites and nature reserves, not to...

2023 Market Outlook

To buy or not to buy? That is the question. The political turmoil of the first half of 2022 understandably has had an impact on the property market, however from an investors point of view that impact has not been negative, far from it. Comparing like for like, Sri Lankan property has long been far more affordable than in other South East Asian countries and is now even more so. That combined with an...