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Investing in Suburban Housing, Is it Worth to Invest?

In a situation where every ruble saved is depreciating due to inflation, the question of where it is more profitable to invest your savings is especially acute. In this regard, the demand for suburban real estate is growing, a special jump was recorded with the advent of the coronavirus. Experts talked about all the pros and cons of such an investment.

The main thing that people pay attention to when buying a property is the price. It is worth remembering that if you choose an apartment or house in one area, the apartment will be more expensive, and significantly – by about forty percent. At the same time, it will not work to expand it or build on new floors, as in private construction. If a piece of land is attached to the house, it will be possible to add outbuildings and outdoor recreation areas.

If you have enough imagination and funds, you will be able to create a dream home, and it will be more pleasant for the price than buying an apartment with similar parameters. Of course, when buying, you should pay attention to the condition of the foundation and roof, inspect the walls, check for distortions in the doors and windows. It will not be superfluous to check how the communications work: light, gas, electricity, where the sewage drains.

Another advantage will be savings in finding and renting/buying a parking space. An even greater advantage will be the absence of neighbors above and below, especially the absence of the sounds they make. Also, the new owners will be pleased with the independence from utilities: heating can be turned on or off, based on weather conditions.

If desired, the owner of the house can rent it out or turn it into an eco-hotel. If you collect documents, create all conditions for guests to stay, the demand for such an offer will definitely be high. The collection of all kinds of nature in one place will be especially popular: a forest, a field, a pond. Infrastructure will not be superfluous, even if it is the most necessary – pharmacies and shops. Thus, the investment can become an excellent source of income.

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