Buying a commercial property is not easy and the prominent reason for the same is an expensive cost. The main factors to consider for buying a commercial property are its location, scale of business, nature of business, future growth and income. Many prospects feel confused about buying or leasing a commercial property and if you are also one among them then this blog post is a must-read:
While setting up a business, entrepreneurs need a space where they can organize their office as the starting point to their work and this requires investment in the form of leasing. However, one important thing which plays a pivotal role during such an investment is whether space should be furnished or unfurnished.
Real estate is considered a lucrative investment, and investing in the right commercial property is now a good option. The demand in commercial real estate sector is on the rise, so investing in office building or other commercial properties is the latest trend. However, building a balanced investment portfolio can be tricky as commercial property comes with higher risks and stricter legislations.
Let us take a look at a few things you need to keep in mind:
LOCATION- Role of Location Intelligence in Real Estate is imperative- whether it is a residential property or commercial investment. The location of the property essentially determines its earning powers, risks and liquidity. Easy access, proximity to transport and hubs will decide its value and add more value. [Read more…]