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To actually improve your earnings, your money should grow at a faster rate than the current inflation rate. When your money grows at a rate slower than inflation, you are actually losing money because the Rs. 1,000.00 note you have in your hand today may buy you less tomorrow. For this reason, the wisest thing to do is to ensure that your investments beat inflation.
As much as gold is seen as a trendy and age-long investment to combat inflation because it is a precious metal that holds its value and will appreciate relative to currency, it isn’t however a capable match to real estate because nobody on earth is actually capable of creating any more land than what is already existing.
So if you buy real estate at the price today, the property will retain its inherent value with a continued value appreciation through factors as population growth, mega infrastructure developments taking place at a rapid pace like expressways close to the land, increased housing demand and increase of conveniences leading to enhanced life styles pointing its way to easily beating inflation.
Historically, investing in real estate has been one of the best investments to counteract high rates of inflation. In residential properties, you invest not only for a lucrative return but also for value appreciation, if you have a long investment horizon.
What is appreciation and why do property values go up?
Appreciation is the increase in value of a property over time due to inflation, supply and demand, capital improvements and other factors. Most real-estate investors purchase income property for cash flow and capital appreciation. When weighing the benefits of purchasing a home or renting, many people opt to buy because they can increase their net worth via appreciation.
The real estate investor should therefore have a good understanding of the factors that cause real estate to appreciate in value. Understanding why real estate goes up or down in value can help you make more profitable investment decisions. Properties appreciate in value for many reasons.
The availability of high paying jobs can greatly impact appreciation growth rates. People move to specific areas as Malabe to take advantage of ample job opportunities in the thriving private establishments in the area and the end result is the increase in real estate prices.
The location of a property can affect how fast it appreciates in value as in Malabe for its scenic beauty and cool clime where more and more expatriates, wealthy people and top of the line professionals reaching retirement age opting to look at this exclusive locality along Chandrika Kumaranathunga Mawatha as an idyllic recreational property.
An expanding national economy and changes in infrastructure of an area can have an immense impact on the demand for property like proximity to shopping centres, public and private schools, public and private hospitals, jobs, police and fire protection, public services are some interesting areas where places like Orchid in Malabe is thriving on.
Characteristics of a great neighbourhood and how it affects overall wellbeing of residents
Finding the right neighbourhood can be just as important as finding the perfect house. Most good neighbourhoods tend to share the following characteristics:
Most people want convenience. That means an easy commute to their job as well as living close to shopping and restaurants. Although a good neighbourhood does not have to be right next to any of these things, it should at least have easy access to them. Nearby public facilities such as libraries, as well as nearby parks or walking trails, also add appeal like that of Orchid.
For anyone who has children or is thinking about having them, good schools are essential. Interested parents can also visit schools in and around Malabe where Orchid is located in person to get a better feel for what they are reputed for.
A good neighbourhood appeals to a wide variety of people with longings for well-manicured lawns and well-maintained homes, as well as junk-free properties with zero crime rates. A good neighbourhood will add value to your home and make it easier to resell in the future as houses found in Orchid.
The casual but elegant independent living environment in Sanderiana, Cattleya and Miltonia house styles in Orchid by Nivasie Developers Malabe (Pvt) Ltd. evokes a real sense of home the moment you walk through its doors. Families and friends will feel welcome in the deluxe dining rooms in any one of these luxurious abodes.
The exclusive community that’s Orchid is blessed with natural water bodies with areas for kids, a fitness centre, swimming pool, jogging track, club house and 24 hour security surveillance. It’s sure to be a living experience unparalleled by other real estate developers.
Sanderiana with a floor area of 2670 square feet on land in extent of 9 perches and above comprises of a living and dining area with four bedrooms, pantry and kitchen, three toilets, maids room and toilet, car porch with twin parking and a spacious landscaped garden.
Cattleya has a floor area of 1860 square feet on a land of 8.3 perches and above and comprises of living and dining areas, three bedrooms, pantry and kitchen, three toilets, maid’s room and toilet, TV lounge, car porch and spacious landscaped garden.
Miltonia’s floor area is between 1430 to 1480 square feet on a land of 6.8 perches and above. It has a living and dining area with three bedrooms, pantry and kitchen, three toilets, maid’s room and toilet (optional), TV lounge, car porch, spacious landscaped garden.
This article may have probably given you food for thought but it isn’t quite like personally visiting the site to take a closer look to decide which house you should call home. Please call 0777 714715 or 0112 741 922 to arrange your visit to Orchid.
