The economic market in times of crisis offers many surprises and if there is an investment that for years has emerged as one of the safest and most profitable is theacquisition of real estate. Among the modalities, the purchase of land and lots has been showing an increasingly promising and profitable business.
BUY READY, PLANT OR LAND BUILDINGS, WHAT’S THE BEST INVESTMENT?
Ready-made properties (new or used) has a relatively shorter ROI since there is no need to wait for the completion of the work and delivery of the keys, but the profit also tends to be lower. In the case of used properties, great care must be taken regarding the state of conservation and the need to carry out works, in which expenses can considerably reduce the profits of the transaction.
Project stage properties are more profitable, in most cases, than the ready ones. However, it is necessary to pay attention to all the amounts of fees and installments to be paid until the delivery of the keys. In addition, the payback period is longer because it takes patience and waiting for the completion of the construction to calculate the sale value, and the investor is dependent on the developer / developer. For this reason, it is important to research the builder’s reputation before completing the purchase.
Land, in turn, can easily generate up to 100% profit in the medium term – and you have the option of selling only the land or buying land to invest in construction, another safe form of income. As the saying goes, “who buys land does not err!” And this is easily perceived by those who choose land in growing regions in medium and large cities, as is the case in the northern region of Florianópolis, which is progressing year by year with the creation of technology parks and other entrepreneurial ventures, but without losing focus on care for the environment and integration with beautiful beaches and green areas.
ITEMS THAT VALUE A PROPERTY
Location and security add up to 40% of the value of a property. For real estate ready, other important elements are: face to the sun, garage and quality of construction and finishes.
When it comes to terrain, location (neighborhood infrastructure, quality of life in the region and prospects for growth) and security are responsible for almost all of its value. Other factors are: topography, feasibility and documentation.
Opting for a land in a planned neighborhood, with urban design, security and complete infrastructure, with spaces for socializing and leisure, is a way to guarantee greater profit for your business.
Some care must be taken when acquiring land, both to invest and to live. We talked about this recently in our blog. Check out!