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Is it worth to invest on 2nd flat in the same building as first one?

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The criteria of investment in real estate should be factored in by taking following into consideration:

  • To know the future worth of the property, Will it be giving good returns? Is there a price appreciation prediction in the area?

  • Is the property located in an area where there is a good growth potential?

  • What would be the expected cash flow, what is the rent value in the area for similar properties. 

  • What is the security like in the area and around your property especially

  • How is the liveability in the area

Most of all, it depends on the intention of the buying decision. Is it just for an investment? Or do you plan to live in it?

If everything sets right then it won’t be a bad idea to invest in a second flat in the same building as first one.

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