It is very common that when you decide to invest in real estate your first option is to buy a house or an apartment. However, investing in land is a unique opportunity, as the demand for land has been increasing in recent years.
If you are still not very convinced, we give you 10 golden reasons why you should invest in land if the opportunity arises:
1. Attractive long-term returns
Investments in land are highly profitable, since over time its value always increases.
It has been proven that if the land is located in a good area, the growth of the investment rate can be between 12% and 20% annually.
2. Accessible investment for your pocket and with a high return on investment.
Investing in land is relatively cheap: you can buy a piece of land with a small capital and without the need to resort to a bank loan.
The best thing about investing in land is that it allows you to start the path to financial success without risking enormous capital, your money will start working on its own, generating a high return on investment and interesting benefits for you and your pocket.
3. No worries about wear and tear on the property.
Buying a house and then renting it implies a series of expenses, this due to the wear and tear that a property can have: deteriorated paint, damaged pipes, cleaning after a tenant leaves the house, in short, dozens of things that arise over time and that reduce the income of an income.
4. Secure long-term profitability.
The land begins to generate interesting returns in 5 years from now, and although the wait may seem long, in the end it will be worth it for the returns you can receive, especially if you take into account the initial amount you had to disburse and the minimal maintenance expenses.
5. Money that works for you.
It can be said that land is a business that does not complicate your life because after buying your land, you sit down to calmly wait for your money to mature and over time gain more and more value.
Your land will be in charge of generating money for you and without the need for you to lift a single finger until you decide to sell.
6. Easy and safe business to close remotely.
If you do a good research you can find a good buying opportunity without having to visit the land. However, before closing the purchase, check a couple of things to obtain legal certainty:
-Make sure that the person or real estate group from whom you will buy the land is trustworthy.
-Verifies that the land has a good location and verifies the information through the property registry.
-Requires the signing of a purchase-sale contract and the deed of your land.
7. Detachment from property, closing better deals.
Being a "piece of land" it is much easier to do business with it, you will never create an emotional bond with the property, as in the case of a house for which it is sought to "remain in good hands".
Emotional attachment to the property can prevent you from making a quick and convenient sale for yourself.
8. Almost zero additional expenses.
When investing in land you must bear in mind that you will only make an initial outlay, after that the additional expenses are almost nil; there are no bills to pay and property taxes are really low.
In short, if you are looking for an investment that does not require time and money in the long term, then investing in land is an excellent option for you.
9. The less competition, the better business.
So that you can sell a property in the planned time and at the price you are looking for, a key factor is the amount of competition you have. In the case of land, competition is quite low, since most people have their sights set on acquiring apartments, houses or commercial properties.
This is because they are unaware of the great benefits of investing in land, which is an advantage for those who decide to invest in land.
10. The earth is a finite product.
Owning a piece of land is owning a limited product; no one is making more land to sell.
There will come a time when land prices are very high because there will no longer be space due to population growth and your real estate will be the product with the highest demand.
It is a great opportunity that you should not miss to invest in Los Cabos, but we better invite you to contact us and we will advise you to invest in a beautiful place to live, approach our real estate agents, you can do it through our mail : hola@tucasacabo.com, phone number: (624) 178 73 44, social networks and WhatsApp.
