Chances are you’ve seen the advertisements promising that real estate investment will earn you tons of money, tons of prestige, and a lifetime of residual income. The truth is, not just any real estate investment is a smart investment — the right real estate investment can in fact ensure that your family is earning residual income in the form of equity at an exciting rate.
So how do you ensure that the real estate in which you invest is going to earn you a massive return, should you decide to sell? Well, the answer is simple. It’s just like everyone says: location, location, location. The location of real estate in which you choose to invest will be the No. 1 factor on the value of the property itself. Even if the building in which you invest is less than stellar, the land on which the building sits is the most important factor.
Some of the things you should look for before you purchase an investment property include comparable land values in the area, the neighborhoods and citizens, school districts, tourist attractions, the lay of the piece of land itself (hills, low spots, and so on), the view, the climate, and last, but certainly not least, the structure of the building.
It’s always best to purchase a building that is soundly constructed, aesthetically pleasing, and has all the amenities potential buyers look for. By now, you may be wondering where the best location for property investment might be. If you’re looking to hit a home run with your first property investment, concentrate on beachfront property — even better, concentrate on beachfront property in exotic locations. For example, the beachfront property that’s available in Sapphire Beach in Belize.
Sapphire Beach is perfect for real estate investment because it is a growing area, it’s exotic, it’s a desirable vacation spot, the construction is immaculate, and the community is top-notch. The properties available in Sapphire Beach on Ambergris Caye are designed not only to be of comfort to those in dwelling, but also to be of comfort to those in ownership.
If you’ve ever considered investing in real estate, now might be the perfect time. Because the area in Sapphire Beach is growing so rapidly, the property values increase at a steady rate. That means if you purchase a work in progress, by the time the property is completely constructed, the equity you have earned will have undergone a time of dramatic increase.
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I definitely agree that buying property while it is still under construction is a pretty good investment. In most cases you are right, yes, investors will have built some newly acquired equity by the time the actual home is in living conditions.
However, you are also right when you say that not all beach or ocean front property is created equal.
The South Florida market for example, suffered from actual "depreciation" of value instead of value/equity building during the last few years. This is a situation which caused many construction companies to file for bankruptcy.
I do however feel Florida, at least, is at a definite turning point, which is really positive. But it will take a little while to fully recover from the tough real estate recession we just underwent.
Belize on the other hand might be an attractive investment right now. Especially considering that many property funds are looking to Latin America and the Caribbean for buying opportunities.
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