indoceandevelopers.com

Here's what it says on the indoceandevelopers.com website:

To understand why you have invest in Colombo you should compare this region with the resort region of Thailand where you could buy a house on the coast for 30-40 thousand dollars 10 years ago and now it cost more than half million dollars. Similar things are happening in Sri Lanka. It should be noted that dynamics of prices in Colombo much more higher than on the resort regions of Thailand 10 years ago. Also it should be noted that this region much more peaceful and stable than resorts of Thailand. We receive additional funds that we need for other projects of the company and you get quite high interest rates that you can’t have in the bank. A constant growth in the value of assets and properties allows us to serve this interest. Altair will be Sri Lanka’s tallest residential tower with 400 luxury apartments in the heart of Sri Lanka’s commercial capital. Designed by the celebrity architect Moshe Safdie and developed by the reputed South City Projects, it truly is an investor’s choice. Sri Lanka offers a generous climate for foreign investors looking to invest in property in Colombo. Altair offers an unique opportunity to be part of an iconic structure of a country that will forever alter its skyline. Its location is in the midst of the most sought after business and residential districts in Colombo with unmatched views into the beautiful Indian ocean towering over a new Colombo. Backed by the strength of a proven real-estate conglomerate South City Projects and the architectural genius Moshe Safdie, the man behind Singapore’s iconic Marina Bay Sands, Altair will truly be a unique opportunity to invest in. The existing luxury apartment projects have mostly been sold out and generate high rental yields of 8%-10% whilst capital gains of over 15% is evident in the luxury apartment sector.