Commercial Property – A Very Profitable Investment Option

Saving for the rainy day is a basic human instinct. Generally, people try to inculcate the habit of saving in their children right through their growing years. Thus, by the time the kids start earning, they are inclined towards putting aside a part of their earnings for future use. Today, as people have become more literate and aware, they have realized that saving merely in the form of money in the bank is not enough. The growing economy offers a number of investment avenues through which their money can multiply at an amazing rate. One of these is investing in property. In fact, real estate investment is considered one of the safest investments in the world! Usually, when people talk about buying property, they mean purchasing a house, villa or condo, etc. that they can live in or rent out. However, those who are seriously interested in making their assets grow by investing in real estate do not limit themselves to residential properties and put their money in commercial real estate as well. Commercial properties are the places or buildings that are meant to be used as workplaces. These can be a factory, shop, office, hotel/restaurant, business center, etc. Depending on your budget, you may buy an entire commercial building or just a single unit in it. Investing in commercial property offers several advantages. The chief among them are – * High income – Commercial properties may come at higher prices than residential units, but their rental values too tend to be significantly higher. The appreciation in the rents also happens at a better rate. Most commercial properties can be used by any sector of the economy. Therefore, down slide in a particular sector does not cause any loss to the owner. * Long-term tenancy – Commercial places tend to be leased out for a longer time period than the residential properties. Businesses benefit by offering a stable and established location to its employees and customers/clients. Relocating too frequently is detrimental to their image and also causes considerable expenses. Thus, the owner of a commercial property is assured of long-term tenancy and regular income. * Least maintenance headaches – As compared to individuals or families renting your residential property, businesses occupying your commercial space make fewer maintenance demands on you. Once you modify the place as per their requirements, you will not have hassle to keep the tenant satisfied. * Excellent capital appreciation – Over the years, real estate has proven to be a more secure, stable and profitable investment avenue as compared to other options like the stock market. Commercial real estate particularly has shown tremendous appreciation in capital value. Thus commercial property is something that would appeal to intelligent investors who are interested in a good, long-lasting income-producing asset. Harji Realtors is one of the leading real estate agents in the region of Chandigarh, Mohali and Kharar.For more information on great deals in Sunny Enclave and the best Sunny Enclave Plots check out our website

Top Reasons For Buying A Property Abroad

There are several reasons why people choose to buy a second property abroad.

Ownership of property outside the UK is increasing in popularity. Fuelled partly by lower house prices and better climates, and made more favourable still by low-cost airlines, the appeal of a second property abroad is understandable. Once the preserve of the rich, a holiday home in Spain, Portugal, France or anywhere in the world for that matter, can now be acquired easily by the majority of the UK population.

There are three top reasons that people choose to buy a property abroad:

To live permanently in a new country

Some people move abroad for work, whilst others choose to retire outside the UK. Moving to a new country on a permanent basis is a challenge and a risk, and so many people choose to buy a property abroad, whilst keeping their UK home and renting it out. This means that they have somewhere to come back to should things not work out as planned. For many, moving to a new country is one of the best experiences of their life. The chance to live in a new culture; learning the language, eating new foods and soaking up the sun, is exactly what people are looking for.

To have a permanent holiday base

Some people like nothing more than the security of having a permanent holiday base. You know where to go, what shops are available, where the best beaches are and what attractions are nearby. You dont have to waste any of your holiday time getting acclimatised and your accommodation is a home-from-home. Whats more, you can visit it as often as you like throughout the year, and you can invite friends and family to come along and enjoy the holiday with you, or lend it to them so that they have a ready-made holiday base of their own.

To rent to other holidaymakers

Many people choose to cover the costs of buying and running their property abroad by renting it out. There are two main ways to do this; hiring an agent to rent the property on your behalf, or handling all the rentals yourself. An agent will take a percentage fee, but will handle all the bookings, cleaning and maintenance of your property. If you manage the rentals on your own, you will need to find someone trustworthy who can clean and prepare the property for your customers and handle any issues that arise when people are staying in your property. Renting is a very effective way to cover costs, and even to make a profit, but you have to limit the times when you can use the property and be prepared for damage and wear and tear to increase.

Buy Residential Property In India – After Knowing The Buying Process

Before you buy residential Property in India, knowing the buying process is necessary to strike the right deal. The property market in India is reportedly back in the saddle after the slump in the recessionary phase of the market. In the new phase, the property market in India, both residential and commercial, is abuzz and agog with deals and talks. In the residential property sector alongside the recession, there evolved a new interest area in the lower and middle-income-level sector. Hence, there is a priority shift among the construction and infrastructure development groups from premium luxury apartments to medium-sized 2 and 3 BHK units. In the renewed interest in the residential property investment, inexperienced investors may suffer due to a variety of reasons. Therefore, I am of the considered view that prospective buyers who are novice in the field need to gather relevant and required information before they venture in to the field.

I apprehend you may be skeptical when I suggest that you should buy residential property in India only after knowing the buying process. This is more relevant in the urban context than in the rural sector where seller identity and property title may be more or less ascertainable. The case is not so easy and cozy when you approach most of the urban properties. And the proverb goes, a great city is a great desert. In urban centres, individual identity may be in most cases shrouded in obscurity. So may be the title of properties. Hence, it is better to avoid offers from parties of obscure identity and those who suffer from low reputation. Also, take steps to ascertain the title of the property. Further, you need do ensure that the property is free from any encumbrances, charges, claims, defective title, any order of acquisition or requisition, etc.

As part of knowing the buying process in order to buy residential Property India, you need to identify the ideal property which can afford better appreciation within a time-frame. For this you need to know the proposed developmental projects due to come up in the region. Then you can select the right property in view of the possible appreciation the proposed projects would fetch. It is always advisable to consult a few real estate consultants, dealers or agents in the locality so that you could be briefed on relevant aspects. Further, while you select property, it is better to consider the infrastructural facilities, landscape, scope for further development of the neighborhood, etc. Further, if it is a flat or apartment unit, you need to know the rules and regulations of the society or management before you strike any deal. It is because there may be some regulations or requirements that might hamper or be detrimental to your free and fair possession and enjoyment of the property.

Are There Health Benefits To Living On Ocean Front Property

You are probably well aware of some of the major benefits of living on ocean property; the value of your investment is guaranteed to increase, for example, and you also have easy access to some of the best recreation available to mankind. And then of course, theres the view…

What many people dont realize about oceanfront property is that it may actually help to increase your health overall, in certain ways. Lets take a look at some theories on why it is about living on oceanfront property that might help to up your standard of healthy living.

Reducing stress

There is no doubt about it, easy access to the ocean and all that goes with it is a proven way to decrease the amount of stress in your life. Just think about the stereotypical relaxation tapes you might have come across or even used; one of the most popular, features the sound of waves crashing against the shore, the occasional call of sea birds in the air. The sounds of the ocean are some of the most relaxing that can be thought of, and with ocean front property they are all around you!

More opportunity for exercise

Oceanfront property means a world of recreational opportunities right outside your front door. You can go for long walks along the beach, climb over the ocean rocks and explore, swim or surf in the water. Long stretches of beach are ideal for jogging; they even help to burn extra calories without the shock on the knees that a treadmill or other hard surface running will bring.

Minimal air pollutants

Finally, the wind blowing off the ocean will always mean that the air above your property, and all around you, will be cleaner than that further inland, even if you live in a pretty clean area. Theres just not enough opportunity for smog or smoke to hang around before it gets blown inland!

If you are fortunate enough to own and live on oceanfront property, you are holding title to what is truly a dream living condition. Great potential for more value, recreational opportunities galore, an incredible view, and even health benefits are all a part of the package with oceanfront living!

New Partner strengthens the Trethowans Commercial Property Group

Salisbury and Southampton solicitors Trethowans have bolstered its Commercial Property Group with the hire of Jennifer Rogerson as Partner.

Jennifer is a highly experienced commercial property solicitor who qualified in 2003 with Trethowans and most recently was with Shoosmiths in their Reading office.

Jennifer has many years of experience in advising property clients on a wide range of real estate matters with a particular focus on landlord and tenant matters and transactions involving the leisure, retail and care home sectors. She also has a great deal of experience in property-based funding work, having acted for a number of banks and lending institutions.

Jennifer prides herself on understanding client’s businesses and taking steps to ensure her advice meets the commercial needs of her clients. She has worked closely with various clients in order to develop service manuals containing precedent documentation and procedure guidelines. The bespoke documentation reflects the client’s specific requirements which assists in driving down timescales and costs.

Commenting on her return to Trethowans, Jennifer said; -I am delighted to be returning to Trethowans. Trethowans has a growing reputation for providing quality legal services to a very impressive client list which includes many notable household names and I am delighted to be part of the team.-

Commenting on Jennifer’s arrival, Chris Twaits, Partner and Head of the Commercial Property Team in Southampton said, -We are delighted to welcome Jennifer back to Trethowans. Jennifer is a real talent and her appointment is further evidence of Trethowans continued commitment to expanding key areas of the firm. Trethowans is very much a firm on the up as is confirmed by Jennifer’s choice to leave a well regarded firm such as Shoosmiths to join Trethowans. This sends out a very strong message.-

For more information visit Salisbury and Southampton solicitors http://www.trethowans.com/