3 + 1 reasons why to invest in commercial properties
Investing in real estate is usually a wise decision, regardless of the property type. Most properties increase in value over time, and in the meantime, as you wait for your investment to grow in value, you can create an income by renting out your property.
When deciding to invest in property, many people think first about residential properties, becoming a landlord and renting out houses or apartments. However, commercial property investment is becoming increasingly popular as it comes with some unique benefits that can make it very attractive to investors.
There are many different types of commercial properties that make great investment opportunities. From commercial buildings in prominent city locations to offices, retail shops, spacious warehouses, hotels, and restaurants; any one of these could be your next big real estate investment. Below are some of the main benefits of commercial property investment.
Long-term leases – a stable option
Commercial rents tend to be based on long-term leases and turnaround on commercial tenants is often less frequent compared to residential properties. Therefore, commercial properties offer a steady monthly income with less hassle and time spent.
A low-maintenance investment
Commercial tenants tend to design and furnish their rented property according to their requirements and at their own costs. Commercial branding and specialist interior design will all be taken by the tenant and therefore future refitting or repairing will not be the responsibility of the owner. Again, for the more hands-off investor, this can be a bonus.
High rental yields
Commercial properties usually offer high rental yields. Rent for commercial properties is based on the profit potential of each particular property according to its location and features; even a small shop or restaurant, well positioned on a busy street in the city centre, can make a very good income, which will be reflected in the level of rent you can charge.
A high overall return on investment
For many investors, commercial properties are an ideal passive income source. They require less management and time investment compared to residential properties making them perfect for investors who are located away, or who prefer to keep their involvement to a minimum. Bearing these in mind, it is obvious why commercial property is an increasingly popular option for savvy investors looking to achieve the highest possible returns.
Discover a wide range of commercial investment opportunities
GoGordian has a diverse portfolio of commercial properties in Cyprus, such as
industrial properties,
hotels,
offices,
retail spaces, and more to suit every investor. If you are interested in an income-generating and high-yielding property, then explore our commercial properties available across Cyprus at www.gogordian.com.
Get in touch with our highly experienced team today at (+357) 77 77 56 56 or at
enquiries@gordianservicing.com to guide you through the best investment opportunities to suit your needs.