WHAT IS REAL ESTATE? Real estate is a class of "real property" that includes land and anything permanently attached to it. There are five main categories of real estate:
People often use the terms land, real estate, and real property with different distinction. Land refers to the earth's surface down to the center of the earth and upward to the airspace above. Real estate generally speaking, includes the physical surface of the land, what lies above and below it, what is permanently attached to it and all the rights of ownership — including the right to possess, lease, sell and enjoy the land. Real property is the interests, benefits, and rights intrinsic in the ownership of the real estate. Real property shouldn't be confused with personal property, which enclose all property that doesn't fit the definition of real property. Personal Property is a property that you own and can take with you. Like vehicles, boats, furniture, clothing, and smartphones. Real Estate is considered as a good investment. There are numerous benefits on investing in real estate. With well-chosen assets, investors can enjoy predictable cash flow, tax advantages, excellent returns, and diversification and it’s possible to leverage real estate to build wealth. Real estate investors make money through appreciation, we all know that homes or land value can increase overtime. Secondly, through Rental income which includes advance rental payments, late payments and current payments. And another way is the profits generated by business activities that depend on the use of the said property. Despite the pandemic, according to Mr. Enrique Soriano III – executive director of Wong+Bernstein Advisory “the residential real estate market in particular is seen to remain stable over the medium to long term and that investors still trust property as a solid long term investment.” Buyers will mostly come from the mid segment market as per Mr. Gerfer Mindoro: “The mid-market segment may still have a steady stream of cash from receivables during this period, and sales is expected to be sustained post-COVID.” He also added that the challenge to the developers will be to convert the capacity to pay to an intent to buy a property.” There are many reasons to invest in real estate. Make note of the benefits of investing in real estate and set yourself up for long-term financial success. And NOW is the time to start considering your investment opportunities. BRIA Homes is a subsidiary of GOLDEN MV Holdings, Inc., .one of the largest real estate companies in the country. BRIA Homes is primed to bring quality and affordable house and lot packages and condominium units closer to ordinary Filipino families. This is the goal that drives every single employee in the company, for which the ultimate fulfillment is seeing a client happily moving into BRIA’s homes. To know more, visit their website at www.bria.com.ph, like and follow “Bria Homes, Inc.” on Facebook, Twitter, Instagram, YouTube, Pinterest, Spotify, Viber Community, Telegram Channel, Kakao Talk, LINE and WhatsApp, or call 0966-277-5944.
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November 2021
CategoriesAddressLowerGround Floor, Starmall, Corner Edsa-Shaw, Shaw Blvd, Mandaluyong, Metro Manila
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