Preleased Property
Have you ever thought about investing in real estate? Many people do because it can offer a steady income. If you own a house and are doing well financially, you might consider buying a property to rent out and earn a good return on your investment (ROI). If you’re interested in investing in property, you might find the term "pre leased property" useful. Let me explain what a pre leased property is in simple terms.
A pre leased property is a property that is already rented out to a tenant for a specific period. This setup guarantees a fixed return on your investment. Pre leased properties can include various types of spaces like banks, ATMs, commercial office spaces, and retail shops. Here’s a quick look at what kind of returns you can expect from different types of preleased properties:
- Banks/ATMs: Typically offer a return on investment (ROI) of 4.5% to 6% per year.
- Retail Shops: Also provide an ROI of 4.5% to 6% per year.
- Commercial Offices: Generally offer a better ROI, ranging from 5% to 8% per year.
While residential flats can be good investments, they usually don't provide as high a return as commercial pre-leased properties. One of the big advantages of pre-rental properties in Noida is that they ensure you start earning income right away, with no waiting period. They also tend to appreciate value over time.
If you’re thinking about buying a pre leased property, consider these factors:
- Location: Choose a good location that is likely to attract tenants.
- Quality and Age of the Building: Look for properties that are well-maintained and not too old.
- Brand Value of the Tenant: Properties leased to well-known companies or brands can be more reliable.
- Lease Terms: Check the length of the lease and any terms for increasing rent, such as 9 to 25 years with rental increases of 10% to 25%.
So, if you’re looking for a good investment in Noida, a pre leased property in Noida could be a smart choice. Contact us for the list of the best pre-rental properties in Noida and their monthly rental.