When rearranging your property portfolio, selling is often the obvious option. The reason may be that money is needed in the short term. But there is a major disadvantage to this: Selling doesn’t achieve a return on longterm investment. That is why it pays to look at other possibilities. As a future-focused property owner, you should also consider other possibilities, such as temporary re-use of the building.
The real estate market is in full swing. There is a changing demand in real estate, just think of the closing of old-fashioned care homes and the rise of small-scale care complexes.
How does this affect your real estate portfolio? When real estate is disposed of, money comes in fast, but this is short-term thinking. You get a hefty sum in return, but at the same time you have to invest in renting a location to continue operations. Or you might have to buy another location later on, which is a shame if you already have a good position in hand.
Vacant real estate is extremely suitable as living accommodation for young people or starters on the housing market. They pay a licence fee, while keeping Monoma alerted to maintenance issues or risks in your property. They report faults and defects that are overlooked when the property is vacant.