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The difference between residential property and investment property

The difference between residential property and investment property

February 11, 2023

First of all, the word housing carries in its meaning a lot of tranquility and comfort and approaches the heart and its tranquility and this is the whole point and the difference between buying an apartment for housing or real estate investment.

The apartment of residence, based on its meaning, must be in a comfortable and quiet place away from the hustle and bustle, streets and roads of the lungs, away from factories, noise and exhaust, close to all places of the main needs of man.

Such as schools, hospitals, health centers, small shopping places, and major transportation stations, so as to make it easier for a person to reach his work without fatigue and waste of time .

The residential apartment should be suitable for the number of family members and contain rooms, bathrooms and kitchen commensurate with the family and daily life and should be close to small gardens so that children can entertain themselves, especially if there is no private garden for the apartment, in addition to that the apartment meets the health conditions such as ventilation, the amount of sun entering the house, the breadth of the living room and the other heating system Modern and others This is a strong investment in itself, because owning an apartment with these specifications in Turkey is like a treasury that increases and does not decrease with the passage of years.

If you intend to buy a real state for investment, this is due to the purpose of buying the real state, whether it is for direct use by you or for the purpose of renting or selling later .

In any case, the real state must be for the purpose of investment in vital places, i.e. in the city's commercial center, so that it is close to airports, metro stations and mainpublic transport lines, and it must also be close to shopping centers and in areas of trade and investment movement.

If you intend to buy a real state to rent it so that it is an office or a clinic, it is worth noting that you can choose a real state that meets some conditions so that it becomes a small apartment, for example, astudent or a small family may want to rent it and this benefits you in any case .

In Turkey, we note that certain cities have become a destination for real estate investors so that they have become famous in this field and their orientation has become clear for the years to come .

For example, in the state of Istanbul, the city of Başakşehir is a vital modern center and a strong and great attraction for local and foreign investors, and it is noted that the state pays special attention to it in this area, to be a destination for real estate investment significantly and there are several factors, the most important of which is that it is located outside the earthquake line and thus it is safe for investment in the long term, especially for those who intend to buy the property for investment and sale later, and this is a profitable deal because real estate prices rise every year from the previous one by a good percentage And tempting.

In conclusion, the investor must determine his purpose of buying the property before starting to search for it because the situation varies according to the data, whoever wants to buy an apartment to live on him is looking in a different place than the one who is looking for a property for investment, each property has its own features and its specific place depending on the purpose of purchase.

Finally, the use of a real estate guide in the purchase of the property is the optimal solution that saves time and effort and makes it easier for us to get our property in a short period of time and at an affordable price, the real estate expert is the person who knows the real estate market and the developments that occur all the time