Residential lots vs. Investment lots: An abysmal difference for the modern investor
Investing in lots is a great opportunity for any investor. However, to achieve a profitable investment, you must first know what type of lot is best for you and fits your goals.
Therefore, we will talk about the differences between residential lots and investment lots to help you make a better decision.
Investment lots
These are land spaces that have a privileged location but are not urbanized nor do they have basic water and electricity services. Despite this, their location allows them to have high possibilities of long-term growth.
Residential lots
Residential lots are spaces located within a private area that already has a master plan or growth plans. Normally, they are surrounded by urban and commercial areas with high economic activity.
These lots already have paved streets, potable water, and electricity services. Additionally, some residential lots offer extra amenities such as green areas, bike paths, soccer fields, congress hall, private security, among other services that give them personality and improve lifestyle.
Now that you know the differences between each type of lot, you can make a smart decision.
If you prefer to make a long-term investment, investment lots are the option you are looking for. On the other hand, if you want to make a safe investment, residential lots are the ideal choice. These not only offer a great location and capital gain but also improve the quality of life. Whether you want to build or resell, the fact that residential lots have additional services will generate great returns for your investment.
If you are looking for residential lots, we invite you to discover our real estate offer. At SIMCA Developments, we offer you premium lots at real prices and excellent quality service. Our 15 years of experience support us.