Any property that is purchased with the intent of gaining a return is considered as a property investment.
Property has always attracted investors. Unlike many other types of investment, such as shares and bonds, property is a tangible asset: if you own a property, or a part of it, you can see it. Bricks and mortar are just that – not pieces of paper that could lose their value overnight. And even though property valuations can fluctuate, the property is still there.
Property investment can be any type of building from a residential house, empty land or a commercial property. Typically the property isn't occupied by the owner and is purchased specifically to generate profit through rental income and/or capital gains. In some cases, however, the owner may occupy a portion of it.
When handled correctly, purchasing a property for investment can prove lucrative for both business and individual alike, whether one simply hopes to purchase a home or plans to make a business out of such investments.
Whatever your reasons, property investment may help you achieve your objectives. Holborn advisers can help you as part of a wider investment portfolio.
To find out more, contact a qualified Holborn Assets adviser today.