Is investing in real estate will be the best future investment
Get better value for it
We are already hearing voices about what is happening to real estate such as the land on which buildings are built. Of course, real estate is never a bad investment and it's great to have in your portfolio. Suppose you bought an apartment in the UAE, rented it out and started renting it. How much money you make after that depends on many variables.
The annual rate of return on the initial investment is expected to be 5-6%, especially considering the tour maintenance tax and renovation costs. This means a return of 50-60% over 10 years. Let's add the UAE's 25% increase. Considering the housing market and property value during the same period, the final return on investment is 75-85%.
Growing demand
Demand is increasing, but supply is currently stagnant. You may be wondering why property prices are rising in the first place. You don't have to be an economics genius to understand this. It is enough to know a few basic things, for example, how much the supply and demand for it by those who want it. For real estate property valuation firms, it's easy to understand how these work in practice. It will probably continue to grow until next year.
Easier to predict
It's easier to predict than other asset classes, so I'm not sure why real estate is the best long-term investment, especially if you're not invested in anything, but real estate is about as good as stocks, shares, and commodities.
Maintenance costs
Well, we talked about how much your property will increase in value, but you don't have to do anything to change it up or keep it looking nice. If you own an apartment and rent from tenants, you have to deal with various things such as maintenance when things go down.
Cultivated land is a great investment
Agricultural land is also a great investment. By the same principle, a larger scale means that many countries need more livestock and more agricultural land. And while peri-urban areas are mostly occupied, peri-urban land is not an option for most investors, but agricultural land is possible. It is also proven to have a good return on investment.
Improve the financial situation
If someone rents the property or owns more than one property, you can give the rent. And maximize your investment by getting great monthly rental returns. And this automatically improves the economic status of the person.
Safe, secure and long-term investment
Real estate investment is a safe, secure and long-term investment. If you retail space for rent for example, if you rent your property to a tenant for 10,000 a month, don't worry, you definitely undoubtedly going to receive 10,000 a month.
Date: 2023-07-22
