Situated facing the mighty Indian ocean to the western coast of Sri Lanka, the beautiful yet fast modernising city of Negombo is a good example of how Sri Lanka’s colonial past can look into a future of technological development while retaining its traditional roots. As the largest city situated in the Gampaha district, the second most populous district in Sri Lanka, this municipality has shown great potential in the last few decades, especially since the end of the country’s civil war in 2009. As a coastal city, the fisheries industry in this region has contributed a lot to boost the local economy, with hundreds and thousands relying on this trade as their primary mode of livelihood. However, businesses in the manufacturing and service industry have taken over in recent times, largely thanks to the country’s main airport, the Bandaranaike International Airport, being situated almost adjacent to this municipality. But not only that, Negombo is also surrounded by a number of towns and cities that are important to the local real estate industry. For example, the city of Ja-Ela, the city of Wattala, the town of Seeduwa and the administrative capital of the district, the city of Gampaha are located in surrounding regions, helping to boost the importance of this municipality.
Due to Colombo being a highly demanded and densely populated region in the western province, the value of properties located there, such as land or houses for sale has seen skyrocketing prices that make them unavailable for the working class citizens of Sri Lanka. As a result, many have focused their property search on cities that offer much more affordable land, apartments or houses for sale or for rent.
This is where Negombo stands out, as it’s a vibrant urban area in the western province that also offers a wide array of residential properties for local property buyers. These may include popular single-family homes, spacious multi-family homes as well as affordable townhouses and annexes that offer a lot more value for money.