Buying a first home in Sri Lanka requires methodical steps. Start with a clear budget that factors in stamp duties (typically 3-4% of property value), legal conveyance fees, and utility reconnection deposits. Always engage an independent attorney to conduct an unbroken 30-year deed search at the relevant land registry, ensure no caveats exist, and verify local authority street-line and building conformity certificates before paying advance deposits.
Start with a clear objective
Gather accurate information before making a commitment. Compare more than one option, keep written records, and verify claims using appropriate documents and independent professionals.
This is general educational content and should not replace legal, financial or technical advice.
Check the property and documentation
Gather accurate information before making a commitment. Compare more than one option, keep written records, and verify claims using appropriate documents and independent professionals.
This is general educational content and should not replace legal, financial or technical advice.
Compare the complete financial picture
Gather accurate information before making a commitment. Compare more than one option, keep written records, and verify claims using appropriate documents and independent professionals.
This is general educational content and should not replace legal, financial or technical advice.
Use qualified professional advice
Gather accurate information before making a commitment. Compare more than one option, keep written records, and verify claims using appropriate documents and independent professionals.
This is general educational content and should not replace legal, financial or technical advice.
