Are you interested in investing in property but concerned about the cost? Have you considered buying an apartment as an investment? Like those at San Ridge Heights, an apartment can be an excellent investment choice. Here are five reasons why you should consider buying an apartment here:
When you invest in property, you have a tangible asset. You have an investment that you can physically see and touch. Intangible assets like bitcoin, stocks or bonds don’t give you ownership of anything except a piece of paper. If the stock market crashes, your investment could be worthless. Even though property can also increase or decrease in value, it will never become worthless, and if you invest in the right property, its value will keep increasing over time. You will always have an asset worth something you can sell should you want or need to. Investing in San Ridge Heights Apartments is the perfect investment opportunity, especially when you want to buy something tangible.
Some consider inflation a hidden form of taxation since we do not see the outflow of money due to inflation from our pockets. Real estate prices are great at keeping up with increasing inflation rates over time, so buying property is the perfect investment to protect yourself against inflation. There are several ways in which buying a two-bedroom apartment at San Ridge Heights can protect you against inflation. Firstly, because it is situated in a prime area with a very high demand for apartments, the property’s value will likely increase by more than the inflation rate resulting in above-average capital growth. Secondly, you can increase the monthly rental amount yearly to keep up with inflation.
Unlike other investments, a property can be rented out to provide you with a monthly income. Investing your hard-earned money in something other than real estate might provide less cash in your pocket. At the very least, they may provide dividends, but you only receive them quarterly or annually. Suppose you are concerned about managing your property long-distance. In that case, you need not worry because when you buy a two-bedroom apartment from a development like San Ridge Heights, you can use our preferred property management company, CSi, which will manage your property and tenant. This means you don’t have to do much work while reaping the rewards of a monthly rental income.
Depending on your personal plan or investment strategy, a property can also be a long-term passive investment for building wealth over an extended period since your property investment will keep growing in value over time. When you buy a two-bedroom apartment at San Ridge Heights and eventually get to retirement age, you have the option to either downsize and live in the apartment yourself, sell the property and use the profits to sustain you during your retirement years or continue to rent it out and use the monthly rental income to cover your monthly expenses. Either way, buying an apartment is a great retirement savings plan.
Most people assume you need a lot of money to invest in real estate, but that is not always the case. The first step is finding a property that fits your budget and needs. With two-bedroom apartments at San Ridge Heights selling from only R835 000, it is the perfect development for anyone who doesn’t want to break the bank. Our well-trained sales agents will help you with everything you need to apply for a loan from the banks. You only need a stable income, a good credit record, and a manageable financial situation. For the rest, you can sit back, relax, and let your sales agent find your best bond offer! It is even better if you are a first-time homeowner since you usually get a 100% home loan more easily than someone buying their second, third or fourth property.
Are you interested in investing in an apartment? Contact us today to learn more about our available properties and investment opportunities.