2BR Apartment for Sale at Colombo 05

Brand-new 2-bedroom apartment at Fairway Latitude, Colombo 05 — LKR 70M with a construction-linked payment plan. Reserve for LKR 1.5M, pay 30% on signing, and the balance in stages tied to construction progress until completion in Q1 2028.

Payment plan (on LKR 70M):

•⁠ ⁠Reservation: LKR 1.5M

•⁠ ⁠On signing SPA: 30% (~LKR 21M, less reservation)

•⁠ ⁠4 construction-milestone payments: 10% + 10% + 20% + 20%

•⁠ ⁠On handover: final 10%

You never pay ahead of construction — each installment is triggered only when the developer completes a structural milestone.

The unit (Type B1/B2):

•⁠ ⁠902 sq.ft — 2 bedrooms, 2 bathrooms

•⁠ ⁠Living/dining, pantry, and private terrace

•⁠ ⁠1 parking slot

•⁠ ⁠Smart-home enabled, EV charging provision, freehold title

The development:

•⁠ ⁠7th project by Fairway Properties — 6 landmark developments already delivered

•⁠ ⁠Construction completed to the 6th floor and ongoing

•⁠ ⁠Set to be the first new Colombo 05 development ready to move in (Q1 2028)

•⁠ ⁠Rooftop infinity pool, gym, landscaped rooftop terrace, clubhouse/function hall, concierge, on-site convenience store, 24/7 security

The location — Colombo 05:

Minutes from Havelock City Mall, Royal Colombo Golf Club, top schools (Royal Institute, Lyceum, Elizabeth Moir) and hospitals (Ninewells, Asiri, Lanka Hospitals).

*Why the price matters:* comparable new 2BR developments in the area start at LKR 74M+ — with some at LKR 110M — while being further behind in construction.

Full payment schedule, floor plans, and unit availability on request. Site visits available.

📞Contact Nire Realtors today for more information on this exclusive opportunity.