Sri Lanka property along the coast continues to attract foreign buyers seeking stunning scenary

Sri Lanka property along the coast continues to attract foreign buyers seeking stunning scenary Sri Lanka is an island nation in South Asia, located about 31 kilometres (19.3 mi) off the southern coast of India. It is home to around twenty million people.

Because of its location in the path of major sea routes, Sri Lanka is a strategic naval link between West Asia and South East Asia, and has been a center of Buddhist religion and culture from ancient times. Famous for the production and export of tea, coffee, coconuts and rubber, Sri Lanka boasts a progressive and modern industrial economy and the highest per capita income in South Asia. The natural beauty of Sri Lanka's tropical forests, beaches and landscape, as well as its rich cultural heritage, make it a world famous tourist destination. Sri Lanka's climate can be described as tropical, and quite hot. Its position between 5 and 10 north latitude endows the country with a warm climate, moderated by ocean winds and considerable moisture. Sri Lanka averages about 400,000 tourist visiting every year which adds significantly to the economic well-being of this exotic destination. Domestic residential, tourist accommodation, and commercial real estate not only benefits from this trade but also the government of Sri Lanka is very active in promoting through incentives the concept of real-estate investment and growth. Vacation rentals in Sri Lanka are often offered by the owners of the properties or agents may also offer property for sale or rent. If you are considering buying real estate in Sri Lanka or anywhere else for that matter, the most widely used method of borrowing the funds to make the purchase is a mortgage. International Property Directory has agreements in place to offer the services of a well known mortgage company who will help at the required stages of a mortgage application. International Property Directory can also help you obtain great currency exchange rates with it's partner MoneyCorp which can save consideralble sums of money during the purchasing process. Increasing numbers of investors using International Property Directory are buying real estate globally with a view to using them as a vacation rental or for capital appreciation. Returns on this investment can be very good and the prices in some emerging markets are very attractive. A mortgage can be used to fund the purchase of a house, home, apartment or villa in many cases. If you are looking into purchasing or renting or trying to find a property for sale in Sri Lanka you may be limited to the type of alterations you can make to the property. You will benefit from living in the environment of your choice plus, in many cases, your improvements will add to the value or saleability of your home - but always ask the local authorities, developers or agents on the ground who you found through using International Property Directory's services. If you are looking to rent out a property in Sri Lanka or anywhere in the world - it is wise to find out the possible rent that can be achieved or if there are any comparables available. Rental yields will vary according to location, market conditions and the property conditions itself