There are a lot of things that matter when you are going to invest in real estate. The first factor that plays a vital role in determining whether the value of your asset will increase or not is the type of property you are going to purchase. The most profitable type out of them is commercial property.
Commercial real estate is considered as the most expensive and profit-yielding asset. The question arises which factors should not be ignored while making a commercial investment.
- Ideal Location
- Payment Plan
- No Objection Certificate
Ideal Location:
A commercial property should always be located in the main hub of the city which can be easily accessed from all routes. Capital Smart City is a housing society that has dedicated its most prime locality for commercial areas just so that residents can benefit from availing basic utilities whenever it is feasible for them.
This way, the rates of such properties increase over time resulting in huge amounts of profits when they are sold.
Payment Plan:
If the payment plan offers an installment method, it helps you pay the total amount by breaking it down in small installments. Capital Smart City Payment Plan focuses on the ease of buyers and investors by offering 4 and 8 Marla commercial plots in Overseas Prime.
No Objection Certificate:
NOC shows the legality of a project. If a project has gotten its No Objection Certificate approved by concerned authorities then its monetary value increases over time. Capital Smart City NOC was accepted by RDA last year, which automatically resulted in revision of rates. The buyers have benefited from huge amounts of monetary gains due to this very reason.
Conclusion:
These three are the most important factors that should never be ignored before buying a commercial property. Consult Regency Marketing to avail discount offers and higher returns!
Read More, Difference Between Park View City And Capital Smart City
What is a commercial real estate property?Buildings for retailBuildings for office space.Warehouses.Buildings for Industrial purposesBuildings for apartmentsBuildings that have retail shops, office space, etc.Investment in commercial Estate increases your income, compared to renting to a single-family, which yields a profit of around 2-4%, commercial estate gives you a profit of around 6-12% on the price it was purchased.
Commercial real estate has specific hours when the shops are open, you won’t have to worry about any hassle at night, unlike renting for housing where you can be called for maintenance anytime.The retail tenants manage their space by themselves as they need to catch the customer’s eye, you can save yourself putting extra efforts into that.You can have more business to business customer relationships with the tenant which will help in keeping the conversation professional.Retail tenants have to maintain their image for their customers, for which they take care of the property which is in the common interest of both the tenant and the landlord, hence the quality and value of the property increases with time.If your commercial real estate property is in a very premium location, megabrands would be interested in your property, and because they have to maintain a very good reputation amongst their customers, your property’s condition will improve along with its value.
Shops like Adidas store or Starbucks would further increase the value of your property.You don’t have to pay any expenses on the property, it is the job of the lessee to pay the taxes and expenses.
You only need to pay the Mortgage.To have access to the best Investment property commercial Real Estate services, visit Infinity commercial group.
