Types of Properties to Consider Investing in
If you’re intent on developing, acquiring, or owning, or flipping real estate, in Kenya or in other parts across the globe, it is always best to consider on what you’re facing by dividing the real estate into several categories. Here are the categories of real estate property:
They are properties such as houses, apartment buildings, townhouses, and vacation houses where a person or family pays you to live in the property. The length of their stay is based upon the rental agreement, or the agreement they sign with you, known as the lease agreement
Commercial properties consist mostly of things like office buildings and skyscrapers. If you were to take some of your savings and construct a small building with individual offices, you could lease them out to companies and small business owners, who would pay you rent to use the property.
It isn’t unusual for a commercial real estate to involve multi-year leases. This can lead to greater stability in cash flow, and even protect the owner when rental rates decline.
The property can consist of everything from industrial warehouses leased to firms as distribution centers over long-term agreements to storage units, car washes and other special purposes real estate that generates sales from customers who temporarily use the facility.
Industrial real estate investments often have significant fee and service revenue streams, such as adding coin-operated vacuum cleaners at a car wash, to increase the return on investment for the owner.
This kind of property consist of shopping malls, strip malls, and other retail storefronts. In some cases, the landlord also receives a percentage of sales generated by the tenant store in addition to a base rent to incentivize them to keep the property in top-notch condition.
These are those that combine any of the above categories into a single project. An investor can decide to build a mixed-use three-story office building surrounded by retail shops.
For instance, a bank, which lent the client money, takes out a lease on the ground floor, generating significant rental income for the owner.
The other floors are leased to a health insurance company and other businesses. The surrounding shops are leased by a small company, a membership gym, a quick service restaurant, an upscale retail shop, a virtual golf range, and a hair salon.
Mixed-use real estate investments are accessible for those with significant assets because they have a degree of built-in diversification, which is essential for controlling risk.
PLOTS AND HOUSES FOR SALE
Kenya2U has Great Property Deals Just for You!
• Intercity Gardens in Kitengela@ Ksh1.895M
• Tinga Springs in Kajiado @ Ksh99,000
• Ruaka Ridge homes in Ruaka @ Ksh7.1M
• Grey Oak property in Nanyuki @ Ksh350,000
• Grey Oak property in Athi River @ Ksh450,000
• Blue Bells Apartment along Beijing Road @Ksh7.4M
• inFinity Properties in Kantafu @Ksh 625,000
Call 0742343908 to Book yours Now!