Renting property for a long term or short term is far more complicated than buying property in Sri Lanka. The reason is due to the many variations in the terms and conditions. Also the absence of a regulated body that governs the rental system in Sri Lanka apart from the legal framework. To let, for rent, for lease, more often are meant to be the same thing. Some believe that Letting and Renting are for shorter periods of time and Leasing is for 12 months or more.
Sri Lanka has a wide range of properties that can be rented, these include houses for rent, apartments for rent, commercial properties for rent and these further breakdown into their own categories, you will find many options which are up for rent or lease in this website and most of them will be available, the website maintains the list of properties for rent and updates the same frequently, thus giving all our users the updated list of properties in the market.
When renting a property in Sri Lanka, it’s best advised to engage an agent, this is a musst, never try to find a property on your own and try to complete the transaction all by yourself. You don’t know who you are dealing with your information should not be compromised at any point. Engaging a professional real estate agent will not only give you an added layer of security and reliability but it will also safeguard your personal information and in return, serve as an advantage to negotiate a better deal. Rentals can be very complicated and Sri Lanka does not have a regulatory body that sets the standards for landlords on how to and how not to rent properties, which is another reason to engage a professional real estate agent who knows how things work and who is responsible for what when it comes to renting properties. To learn more about the renting process, please visit our blog by clicking here blog.mistert.lk