Did you know how much our country spends on construction annually? Well, it’s a gigantic amount of 5.2 billion dollars that become around 848,605,680,000.00 Pakistani Rupee. Woah! That’s huge. This jaw-dropping spending is because of the fact that the real estate sector has always been a lucrative business for people to invest in. Wondering what is real estate investment and how investment in real estate can benefit you?
Stick to this article to get to know the whys and wherefores of real estate investment in Pakistan.
Property consisting of land along with its natural as well as man-made improvements including
is what we call real estate.
In markets, where there is a constant increase in building and land prices, people often purchase real estate as an investment. It’s up to the owner to use the property or not. Usually, owners rent out investment properties. Other than that, they resell it quickly when it seems more revenue-generating to them. or else, they make after repairs that make substantial increments in the value of the property.
The two main real estates investing in Pakistan are as follows:
Residential: This includes any residential property e.g.,
Commercial: This is inclusive of any property used for commercial purposes e.g.,
Some other types of real estate include industrial real estate and land.
The real estate investment in Pakistan types highly applicable to the Pakistani property market are as follows:
You can get the following benefits through real estate investment;
Are you considering investing in real estate? Wait. Let us aware you of the possible issue you could face if you invest in real estate in Pakistan.
Here are the problems that you might encounter due to real estate investment in Pakistan.
Don’t want to get trapped in these problems? Let us save you from all the possible issues regarding real estate investment.