5 Benefits of Owning Land
Property ownership offers a variety of financial benefits.The advantages of owning land can include: cash returns on the initial investment, and potential borrowing power. Many factors play a role in these benefits. The duration of ownership, property location and property value can enhance these benefits.
Many people don’t realize that land costs drop in the country. The further away from the city, the cheaper the acreage. Many people buy land because they want to build a home to their own specifications, farm on it or use it for other beneficial purposes. They also want cleaner air and more wide open spaces. Let us consider some of the benefits .
• Land is very important to own. There’s a reason it’s called “real” estate. When you own land, you have the foundation to dream, plan and build your new home when the time is right. Plus, buying acreage gives you choice to use to farm also.
• Purchase land one to five years BEFORE you plan to build. Pre-buying the land allows you to benefit from value appreciation rather than paying that higher value later.
• Look for a development property with “no time-frame to build.” This is the best option if you want to pre-buy land with developer amenities and infrastructure.
• Buying land from a developer can save you money. It’s important to anticipate all future development cost and eliminate surprises. Is water supplied by the town, private water company or your own well? Will electric power be available at your property boundary? When you buy from a land developer, the cost of infrastructure and modern amenities is part of the package up front – and because it is a shared community cost, it is less than developing the land yourself.
• Purchase land in the path of growth markets. Owning land near prime or up and coming growth areas means your property has a greater chance of increasing in value at a faster rate. Check the area for zoning and other regulations to ensure the area will maintain its value for years to come.
Contact Greenroot limited for your agribusiness ideas and solutions . Buy affordable lands at Aburi Amanfo , Asutware Junction and kwaomoso for crops and livestock farming and real estate purposes . Choose any crop or livestock investment options and make over 100% returns on your investment. We give you free site plan and indenture. Grab this opportunity now!