Property investment is not something new indeed. It is even known as one of the oldest models of investment practiced even by our ancestors. But undeniably, even many people today are still interested in it. Moreover, it is by knowing the fact that the property price is getting more and more expensive from time to time.
If you are interested in it, it doesn’t mean you can just randomly buy a house building or a piece of land with expectations of gaining profits in the future. If you are making wrong movements, your investment can even be a boomerang for you. In 2020, there are some types of property investment you need to consider joining. What are they?
Office Building Investment
Many property entrepreneurs, whether small or big, are currently interested in the office building as their investment. Believe it or not, this type of investment indeed can bring more profits compared with other types of investment in the area of property. If you want to try this one, there is indeed some more money to spend in the beginning. But the results can just be seen only in a few years.
Some factors influence the success of office building investment. The office building is commonly located in strategic spots. Meanwhile, the demands are quite high in which many companies now prefer renting office rooms rather than having them themselves.
Retail and Store Investment
Almost similar to office building investment, a kind of investment purposed for retail and store is also demanded a lot currently. Yes, although many people are now moving to online stores, it doesn’t mean that the offline ones are not wanted. Some online store owners even confess that they still need an offline store or retail to develop their business.
If you are seeing it from the economic perspective, retail properties work better in developing countries. Another benefit of investing your money in retails and stores is the return level that tends to be more stable.
Industry and Manufacture Investment
Industry and manufacture investment commonly require you to spend a lower operational cost. It is mainly if you compare it with investment in areas of retail and office. This type of investment can still be divided into some other areas including warehouse, research, company development, distribution, and more.
Some important factors must be considered if you are interested in this investment type. One of them is the building condition itself in which the ceiling must be higher than conventional houses. Besides, the location must also be close to transportation facilities like a dock or station.
Real Estate Investment
In 2020, real estate investment is still demanded. But sure, if you want to join them, you must know that you will have so many competitors out there. You may need to brainstorm yourself to produce new strategies. This way, what you offer is more demanded than others.
Once you are successful in real estate investment, you can just feel relieved. In fact, it will give you a relatively stable income no matter how the economic condition in the future. So, are you interested in this type of property investment?