Expert Opinion for Investing In Commercial Property For The Low Budget Investor
Investments are important and while there are many avenues some of them are riskier than the others. Share market is ever fluctuating and in this scenario investing in real estate is a sound option. As an advantage, there is no depreciation and, in the long run, the value appreciates. However, while you are considering a purchase the price may become an obstacle. Buying a property can require a considerable sum. However, for those who are looking at low-cost investment commercial property can be a lucrative option.
The benefit of purchase
When you buy a commercial space, it has dual benefits. One is appreciation that comes in a dual-digit format, and another is rent that forms 2 to 5% of the total value. You need a little experience in real estate to invest in Commercial Projects In Greater Noida, and it acts as a valuable proposition to your real estate portfolio. It is a safe investment, and you do not have to study a lot in details as the dynamics of the trade is pretty clear.
Investment range offered
They are not short term goals and though the market is growing flipping these properties is not much recommended. The rental income per year is up to 7 to 10% that is higher than a residential rent. Even if you leave out the Information Technology zone the scope of Commercial Office Space In Greater Noida remains. Before initiating an investment check the space and go for pure commercial properties as they fetch high rent than a residential property turned into a commercial setting. The period is mid to long term and the minimum time is five years before a sale. Before selling check the market trend and take a strategic decision.
Check the lease
When it comes to purchasing, you can go for an under construction site or an apartment that is pre-leased and ready to use. When you purchase a pre-leased office, it saves the trouble of finding a tenant. One word of caution, however, is to prefer leased option for a small office space. The investment in the place after buying the unit may be more, but it can be compensated by purchasing a single large space. While investing find the person with whom the right of lease stands.