Frequently Asked Questions - Real Estate

How can I see the property?

How can I know the legal status of the property?

How can I know about other facilities available in the area?

How can I be satisfied with the price?

Can I get a bank loan?

What are the regulations imposed by the local authorities on new constructions?

What is the cost of construction of a house in Sri Lanka?

How can I purchase this property while I am away?

What are the government taxes and fees involved when purchasing a property?

Can I advertise a Sri Lankan property on Kapruka and how much it will cost me?

How can I know about other facilities available in the area?
We will provide you all the details of services and facilities available (public and other) in the area. Just give us a call or send a mail.
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How can I be satisfied with the price?
The best way is to get a Valuation Report by a Licensed Valuation Officer. We will undertake to get you a valuation report. The other way is to check the land prices of the same locality. We maintain a database on the land prices and we will constantly update the database and be published in our website for your information. Back to Top

Can I get a bank loan?
If requested we will provide you all the information regarding bank loans and other banking facilities available at reputed state and private banks in Sri Lanka
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What are the regulations and restrictions imposed by the local authorities and other government agencies with regard to the construction of buildings?
Regulations and restrictions vary on the location of the property. Regulations and restrictions imposed by a Municipal Council are different from those of an Urban Council. All such information will be provided to you once you have decided on a particular property.
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What is the cost of construction of a house in Sri Lanka?
The table below will give you a general guideline. This will be updated periodically with the changes in market prices:

Cost per square foot
Economy Class House	Semi-Luxury	Luxury	Super Luxury
Rs. 1,800	Rs. 2,600	Rs. 3,100	Rs.4,000

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How can I purchase this property while I am away?
You can appoint someone living in Sri Lanka to be your "attorney" with a Power of Attorney signed by you. Registration of such a Power of Attorney in Sri Lana can be undertaken by us once you have decided to purchase the property. Our panel of lawyers will be available for such legal services.
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What are the government taxes and other costs involved when purchasing a property?
The government has imposed a different tax and laid down other regulations for foreign nationals in buying real estate in Sri Lanka. Details can be obtained on request. For Sri Lankan nationals the applicable statutory fees are:- 30US$ for the first 1,000 US$ of the purchase price plus 40US$ for each additional 1,000 US$. Professional charges of lawyers preparing and attesting the Deeds will be 3%. (Overall cost is 7% of the purchasing price which includes tax and registration).
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I have a property in Sri Lanka. Can I advertise in your website and sell it through your company and how much it will cost me?
Yes. It will cost you nothing. What you have to do is to come to an agreement with Kapruka Real Estate on the terms of selling the property. We undertake to visit the property, obtain photographs and prepare a write-up, entering data in our data bank and give the best service to you to sell the property at the highest possible price and at the earliest possible time. Please contact us for further details.
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