Real estate investment deals can often be confusing, especially to someone who is new to the game. Property prices vary according to locale, rate of development and proximity to amenities. Therefore here are seven types of investment land.
1. Land for sale in huge cities is a great investment opportunity, however due to the large cost, most may not be able to afford it. Therefore taking in to consideration the location, you may want to invest in land that is located near a major city where the population is growing, yet property prices are not so high.
2. Ocean front land in residential areas is a great investment. If you can get your hands on a property before the are becomes hugely populated you will be able to get a great return on investment as the property prices rise.
3. Lake front land is similar to ocean front land although not as expensive. Again if you can get a property for a reasonably lower price you will be able to sell it for a greater value as the demand for such property starts increasing.
4. Lake view land should be bought only if the market is already growing. This option may not be as lucrative as the above, but it can yield a significant return on investment in the right areas.
5. Golf Course land is another type of property that is rapidly growing. The demand for property that is close to on the border of a golf course in always rising.
6. Gated Communities are also in high demand due to the security and privacy they offer. Although expensive this type of land is a good investment as the demand keeps growing.
7. Ranch Lot – if the 100 acres of land you buy is next to a fast developing section then the chances of the property value rising very quickly is high. If you have the extra cash to build roads, utilities and houses, although expensive, the returns could be quite high.
8. As they say in the real estate business it’s all about location and if you can sniff out the right location, you will be able to cash in big.