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Exceptional 12-Bedroom Condo Building in Mount Lavinia, Colombo

€656,000€1,008/m²

Colombo, Colombo District, Sri Lanka

  • 13

    bedrooms

  • 12

    bathrooms

  • 651 m²

    interior

  • 651 m²

    plot

  • Apartment

    property type

  • 7 Jul 2026

    listed

The Habio take

AI summary

This luxury condo building features 12 bedrooms and offers a unique investment opportunity in the sought-after Mount Lavinia area of Colombo. With stunning rooftop sea views, it promises both a high rental yield and a spacious family residence.

  • beach
  • investment
  • luxury
  • family
  • walkable

Highlights

  • 12 bedrooms across 4 self-contained apartments
  • Stunning 2,200 sq ft rooftop terrace with sea views
  • Potential for additional apartment unit on ground floor
  • Well-established Mount Lavinia area with amenities
  • Air conditioning in all rooms for comfort
  • Dedicated parking for up to 4 cars

Worth knowing

  • High initial investment required
  • Management of multiple rental units can be complex
  • Market dependence for rental yields

Good fit for: Ideal for investors seeking a high-yield property or families needing ample living space.

Lifestyle scores

Beach
80
Walkable
75
Remote work
70
Family
80
Retirement
75
Airport access
85
Investment
85
Luxury
90
Value
70

About this place

Presenting an exceptional investment and lifestyle opportunity in Mount Lavinia, Colombo, this purpose-built four-storey condo building boasts a total of 12 bedrooms across four self-contained units. Each unit, spanning approximately 1,100 square feet, includes three bedrooms, three bathrooms, a living area, and a fully equipped kitchen, all thoughtfully designed for comfort. The building is fully air-conditioned, catering to the tropical climate and ensuring immediate appeal to prospective tenants.

The ground floor features fully tiled space, with potential for development into an additional apartment or communal area. This flexible design allows new owners to enhance the property’s rental capability or to adapt it for personal use. Additionally, a parking space for up to four cars is available, an important advantage in a busy urban setting.

A standout aspect of this property is its stunning rooftop terrace, offering an expansive 2,200 square feet of space with breathtaking panoramic sea views. This rooftop oasis serves as a tranquil retreat for residents and guests alike, perfectly positioned to take in the vibrant coastal atmosphere of Mount Lavinia. Furthermore, the structural integrity of the roof presents possibilities for future expansion, subject to local regulations.

Ideally located in a well-established neighbourhood, close to international schools, restaurants, shops, and beautiful beaches, this property is not only a luxurious multi-unit residence but also a sound investment. Backed by a clear deed and a full Certificate of Conformity (COC), this building promises a smooth transaction and a strong return on investment.

What this place offers

  • air conditioning
  • parking
  • sea view
LK

Buying Property in Sri Lanka

Full guide →

Foreign buyers in Sri Lanka are primarily allowed to purchase condominium units, while direct ownership of land is prohibited but can be leased. Buyers should budget for additional costs such as stamp duty, VAT, and legal fees, which can add significant amounts above the purchase price.

  • Regional regulations can vary and updates to laws are common.

  • Notably, a 100% foreign buyer tax on apartment purchases was introduced in 2023.

  • Sources consulted (2026-07-27): - Legal FAQ | LiveInLanka: https://liveinlanka.com/en/legal-faq?utm_source=habio - Can Foreigners Buy Property in Sri Lanka | Legal Guide | JUSTICE - justice.lk: https://justice.lk/law/foreigners-property?utm_source=habio - Essential Legal Documents Required to Buy Property in Sri Lanka: A Complete Guide for Local and Overseas Buyers | CeylonLanka.info: https://www.ceylonlanka.info/2025/11/essential-legal-documents-required-to.html?utm_source=habio - Real Estate Guide Sri Lanka: https://multilaw.com/Multilaw/Multilaw/RealEstate/Real_Estate_Guide_Sri_Lanka.aspx?utm_source=habio - Sri Lanka Stamp Duty Calculator 2026 - Property Transfer Tax & Foreign Buyer Rules | Tools.RealEstate: https://tools.realestate/s/global/general/srilanka-stamp-duty?utm_source=habio

Always confirm current requirements and obtain guidance from qualified local professionals.

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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