Second Home, Best Investment for Future - Page 3

Second Home, Best Investment for Future

By siliconindia   |   Monday, December 24, 2012   |    1 Comments

Investing on land as a second property option is also a good investment. Choosing land over construction property is more profitable as land takes less time to sell off and gives higher rate of appreciation, said experts.

Real estate experts further added that one should invest in more than one property that too before the age of 50, like this, the person will get enough time to get free from loan liabilities by the time they reach their retirement age.

"As salaries have gone up over the years, and there has been a significant rise in disposable income of the salaried class, there has been a paradigm shift in the attitude of people in terms of investing in realty. If the average investor used to settle for one property earlier, the average investor today has been investing in multiple properties," added a realty developer, reports Economic Times.

Also Read: Christmas: An Ideal Time to Buy Your Dream Home

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