4 Tips For Choosing The Right Property For InvestmentPosted by Heather Homes on January 23rd, 2021 Being one of the most lucrative options of investment, real estate garners great curiosity from prospective investors. And hence it is vital to choose the right property after understanding the market dynamics in the real estate industry. Here are 4 tips to follow while selecting the right property for investment. 1. Investment with a purpose Before setting out to choose the right property, the purpose of the investment needs to be ascertained so as to ensure future value of the project. Whether it be rental income or for capital gains, the purpose should be defined by the investor. 2. Prime location Location plays a crucial role in determining the success rate in a real estate investment. Areas with sound infrastructure, connectivity to public transport and proximity to IT hubs enjoy higher rentals and price appreciation. 3. Right property segment Investors need to determine the property segment appropriate for them based on their requirement, budget and investment portfolio. From residential projects to office spaces to retail properties, there are various segments available, each with their own pros and cons which need to be analysed. Like it? Share it!More by this author |