Century Homes
Dec 23, 2024 03:23
Please visit our new office in the center opposite the post office, 4. Rafael Mihaylov str. !
 English  Áúëãàðñêè  Ðóññêèé
  
 
» Veliko Tarnovo Unveils Bulgaria's Largest Retail Park Outside the Capital
» Happy St. Nicholas Day!
» A festive sacrifice will be consecrated on the occasion of Dimitrov's Day and 839 years since the uprising of Assen and Peter
» New Bridge under Tsarevets Set for Imminent Launch!
» A New Beautiful and Modern Park Coming Soon to Veliko Tarnovo
» Àll News...
Newsletters Sign-up
I agree with Privacy Policy, Terms & Conditions and General Conditions
 
 
» 🔑 Unlock the Best in Real Estate! 🔑 ON WHATSAPP
» 🏠 Stay Ahead in Real Estate! 🏠 ON VIBER
» Mindya Rock Fest Returns for Its 16th Edition with Local Flavor and Nostalgic Vibes
» Àll News...


Is it true that location, location, location are the three most important things in buying real esta
Font size:  A  A  A
We'd say it's half-true. The most important things are future location, future location, future location.

What truly matters is your timing. Popular, in-demand locations are already high-priced, & it isn't always the best investment strategy to buy a home in the most desirable part of town. Simply buying property in this area can prove to be a shabby investment as their isn't much more room to grow (unless you're buying a property that needs a LOT of TLC & at the right price). You want to buy a home in the neighborhood that's going to become the most desirable part of town.

Location really matters when you can predict gentrification. Typically you'll find these locations right on the outskirts of the already in-demand neighborhoods, with old housing stock & low home ownership rates. Old housing stock loses it's demand by becoming less efficient & out of style. Also, owners that don't actually live in the area are more likely to sell to developers & investors. These factors create attractive opportunities for developers which create the demand for gentrification to unfold.

Bonus: If you're looking to purchase a home solely for residential purposes, the location you feel most comfortable in matters most. Areas that prove to be stable & have close proximity to the things that are most important to you. There's a lot of value in that, even if it isn't the "best" return.
Saturday, Mar 30, 2019
User: Guest
» Login » Register

» 32 PRICE REDUCED
Spacious property in Assenov district, Veliko Tarnovo
Commercial € 49 000
Location: Veliko Tarnovo

» RENTALS
Spacious shop for rent located on the street level occupying a favourable position in “Zona B” district in the town of Veliko Tarnovo
Shop / Retail € 820
Location: Veliko Tarnovo




Privacy Policy  |  Terms & Conditions  |  General Conditions
© 2024 ch-eu.com. All rights reserved.