The advantages to owning real estate are substantial. Real estate is a tangible asset that can provide income you don’t have to work for. Real estate values frequently appreciate. You can buy with borrowed funds, so you can control an entire property while only paying a fraction of its cost.
Real estate investment is all about Purchase, ownership, management, rental or sale of real estate for profit.
There’s an old expression that when you buy anything – you can have it fast, you can have it good or you can have it cheap, pick two. These qualities are the pillars around which real-estate developers build their business model – essentially standardizing the industry into three optimum archetypes.
Like with any investment, buying a property is no quick decision. The most experienced buyer may scratch their head when going through the wide array of options in Addis Ababa’s diverse housing market – whether to live in or rent out. Across a myriad of alternatives, the ideal option would comprise of excellent quality, timely delivery and value for money.
Attractive reasons real estate investment is profitable
- Steady income (For rental)
A properly managed real estate for certain can provide steady cash flow in the form of rentals
- Appreciation (for sale)
Appreciation refers to the increase in the value of a property. Appreciation isn’t always guaranteed, but, it’s highly likely that your property will go up in value over time. To give your property a boost in value, you can also improve your property by upgrading it. Remodel rooms, reinstall finishing, makes sure everything works and you will be good to sale. This is called “forced appreciation”.
- Inflation is your friend
Inflation is the fall of the purchasing power of money. To put it simply, your money buys less stuff than it used to. In general, when inflation occurs, real estate value rises. Hence, you can cash in more money from rent
- Ownership
Like any other businesses, you can own your job and be your own boss.
Even though it is highly profitable, real estate investment is tricky. Be wise when investing look for Ethiopian real estate companies that are trustworthy and reliable.
Investing in Metropolitan Real Estate is a guaranteed benefit because, our brand new real estate in Ethiopia for sale is located at one of the best neighborhoods in Addis Ababa, Bole.
Bole is the destination of all the luxuries Addis has to offer. And its also considered to be the nicest part of Addis to live in. The best aspect of living around Bole is you can have all the services you could possibly seek in close proximity. be it good schools, restaurants, recreational centers, hospitals, it’s all there.
Metropolitan real estate PLC, is an American company, building quality homes in Ethiopia to fulfill the needs of luxury house for sale in Addis Ababa and all of Ethiopia as well