Friday 28 October 2016

Benefits of Buying Mixed Property?



Global population has been growing rapidly and demand for residential and commercial properties have skyrocketed like never before. With time becoming a prime resource, modern day generation is placing utmost importance on convenience and accessibility. Whether it is about buying groceries or shopping dresses, everyone is looking out for convenient and easy choices. And that is where the idea of mixed property projects fits in rightly. As the name implies, these properties will accommodate residential and commercial tenants equally. Mixed use properties have become a common part of the modern urban planning in recent times. Consider the Bridge Cambodia project developed by Oxley Diamond. Located in the Phnom Penh city of Cambodia, this building has equal units of Condo and SOHO (small office home office).

What makes mixed development a better option compared to the private housing? Convenience and comfort. Whether it is about getting food or availing any commercial service in your home, you can access it at the earliest. Having a mall or retail store downstairs doesn’t sound as a bad idea, isn’t it? Investing in a mixed property is one of the best decisions you can ever take. Not only it opens up income streams from both residential and commercial tenants, but also provides you a sheer number of opportunities for active management.  Another significant point is the boost in market value. Mixed development property can add value to the location and neighborhood thereby ensuring best returns on your investment. But with pros, also comes the cons. So, you need to perform an in-depth research and analysis before taking a final decision.

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