Does any one have any up to date advice on buying property in Sri Lanka. I am thinking of doing this as a rental investment with a couple of other friends, and am looking to buy an apartment in Colombo.
It will be above 5th floor so should remove this 100% tax, or so I have read. Confirmation of this would be useful?
I'd be interested to know if anyone from the Uk or overseas has done something similar to what I am proposing, and whether they were able to get a mortgage, or had to purchase the property outright? If mortgaged, what mortgage lender did you use?
Any other advice would be gratefully accepted.
Thanks in advance,