Sri Lanka

Round Trip Transaction Costs - Sri Lanka Compared to Continent

Footnote Export

Sort: Alphabetically  |  Ascending Rank  |  Descending Rank

Cambodia	8.44%
China	5.26%
Hong Kong	2.77%
India	14.66%
Indonesia	26.37%
Japan	8.51%
Malaysia	5.50%
Philippines	18.23%
Singapore	4.67%
South Korea	22.08%
Sri Lanka	109.00%
Taiwan	12.33%
Thailand	6.89%
Vietnam	6.20%

 

 

Sri Lanka: Round trip transaction costs (%).

The total cost of buying and then re-selling a residential property, including all costs (except the sale price itself), expressed as percentage of the property value.

Assumptions:

• The property is purchased by a non-resident foreigner in the country where he/she is buying
• The property is worth US$250,000 (€250,000 for Europe)
• The property is paid in cash
• The property is a condominium located in a major city
• The property is not newly-built
• The property is bought from an individual and not a developer or real estate holding company.

Transaction costs can be broken down into four major cost areas:

• Registration costs
• Real estate agent fees
• Legal fees
• Sales and transfer taxes

Other incidental costs (survey fees, residency permit cost, or company setup costs), are not included in our calculations. In most cases value added tax (VAT) is not included, because our figures reflect the purchase of old, not new, properties.

Costs paid by buyers and sellers vary widely. Agents’ and lawyers’ costs are often negotiable. Buyers of expensive properties often pay proportionately lower agents’ fees. For the full spectrum of possible transaction costs see the Country | Buying Guide.

For fuller details see the Data FAQ.

Source: Global Property Guide Research

 

Sri Lanka does not have official house price statistics. The Central Bank of Sri Lanka has a monthly housing approval index, and general economics statistics.