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Benefits Of Buying Water � Front Properties by Soloproperty(m): 9:48am On Oct 26, 2022 |
6 BENEFITS OF INVESTING IN WATERFRONT PROPERTY. Why you should invest in Ambiance Foreshore. Waterfront property ownership often has one thing in common: It’s the winning result to a long-standing goal. We are often asked how waterfront property ownership compares to other kinds of residential investments? We know from experience that luxury waterfront properties, under the right conditions, can be a more advantageous purchase. HERE ARE FIVE REASONS WHY YOU SHOULD INVEST IN WATERFRONT PROPERTY. Waterfront property has the potential to be a better investment. Due to high demand and limited supply, waterfront property is more likely to: 1. APPRECIATE MORE The appreciation rate tends to be more steady over time. Waterfront properties rarely depreciate. When you decide to sell, you are likely to enjoy a good return on investment. 2. HOLD VALUE BETTER DURING MARKET DOWNTURNS. Waterfront homes are often cited as "recession-resistant" because the property will usually grow in value and can be less prone to market downturns than nearby landlocked equivalents. 3. SELL FASTER When you are selling a waterfront home, you are selling more than a structure. You are selling the lifestyle that goes along with it. In a market where the location and the lifestyle are of high value, waterfront properties can sell faster. 4. HIGH RENTAL INCOME/ VACATION RENTAL APPEAL Rentals located on a body of water draw a higher rental price and may have more consistent tenants. The avid boater’s dream is to be able to walk out the door of their home and right up to a private dock where their vessel is anchored. Sailing access only increases value. 5. SCARCITY = SECURITY You can put a new street just about anywhere, but you can’t add more water or waterfront. When it comes to property investments, waterfront property is a scarce commodity. 6. PERMANENT VIEWS A waterfront property located right on the water’s edge has almost no chance of additional construction reducing the views. When a property is directly on the water, those sought-after views aren’t going anywhere. BUT BEFORE YOU DIVE INTO THE MARKET, MAKE SURE YOU HAVE A LAGOS BASED REAL ESTATE EXPERT IN YOUR CORNER. If you haven’t talked to us yet about your real estate goals, let’s connect soon. We look forward to putting our exceptional market knowledge, professionalism, and dedication to customer service to work for you. My name is Solomon and I am the lead consultant at Soloproperty of Lagos. Contact us on call/WhatsApp +234 7039514746 |
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