The simple truth is that the urban cities already occupied to the extent that you hardly see how to invest into real estate business which makes the rural areas to be one of the most promising places to start a real estate business.
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Yes, a long term investment of maybe 5 to 10 years is a good expectation. Once the main road is paved and a mall is constructed in the town center then that is the starting point of progress. That happened to our suburban town that now there are many small malls and commercial centers.Real estate in the rural area should be seen as a long term investment because sooner or later people would want to relocate there to start a new life or something else
Malls and main roads are even too much. My family house was built in a rural area, we couldn't even move because we were afraid the water might kill us, lol. But there years after they just brought a transformer and everyone that has completed their houses started moving in.Yes, a long term investment of maybe 5 to 10 years is a good expectation. Once the main road is paved and a mall is constructed in the town center then that is the starting point of progress. That happened to our suburban town that now there are many small malls and commercial centers.
Real estate is really flourishing in rural area. As far there is good accessible road to the area is enough to increase the value of the properties in the area. Due increase in population, lack of housing and high cost of rent in urban. Many people are moving to rural areas for accommodation.We have all come to know of how real estate doesn't flourish much in the rural areas, Lands in the rural areas don't appreciate much because of it's location but that same land in an urban areas will cost a fortune in a short time.
With this knowledge, does the real estate business in the rural area flourish at all?
Yes. Real estates In rural areas are flourishing.We have all come to know of how real estate doesn't flourish much in the rural areas, Lands in the rural areas don't appreciate much because of it's location but that same land in an urban areas will cost a fortune in a short time.
With this knowledge, does the real estate business in the rural area flourish at all?
They do, especially if the rural area has the tendency to develop in no long time.We have all come to know of how real estate doesn't flourish much in the rural areas, Lands in the rural areas don't appreciate much because of it's location but that same land in an urban areas will cost a fortune in a short time.
With this knowledge, does the real estate business in the rural area flourish at all?
It may be a little profitable but not as the urban settlement, obviously you cannot sell out an asset you bought for $2000 last year at the same price ,there will always be a little increase in the price. But not like real estate investment in the urban settlementi do not think that the value of property in rural areas is as much high as it is in urban area. In my country, the more popular and populous a place is, the higher it will be in its value.