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Investing in real estate is the lowest risk way to invest and multiply your savings wisely. Regardless of the economic situation, housing will always have an enduring value and provide the owner with possession of physical assets that are always protected from a number of high risks characteristic of other investment assets.
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Favorable location in an area with heavy traffic. Private plot with parking, allowing to increase the density of the building.
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It is possible to build residential buildings in a prestigious area on the plot of land. It was purchased for $456,462.50. With minimal work, the property was put up for sale. The amount of the sale was $694,180.78.
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The area of the property to be used is 985 sq.m. Currently, the area is 87.1% occupied by tenants. The profitability of an office building is 7%.