A perfect business needs a perfect place to start with.
Why run the risk of making a bad impression from an average place when you can easily get a cool equipped commercial space?
A commercial space reflects a lot about its offerings. When getting a rented place comes with a lot of many complexities, buying is more of a permanent and long term solution.
Amidst the pandemic disrupting every business activity and even staggering economic activities.
As a buyer, you can totally exploit this situation, to your advantage.
Want to know how?
Now is the golden hour:
This 2020 has surfaced all the improbable and unprecedented events around the world. In these tough times, when things have been in down-turn for almost every industry.
Real-estate has emerged differently.
In the last 15 years, this is the first time in the real estate industry, that it has fitted into the buyer’s shoes.
That is now is the time, when you can negotiate on lesser than the quoted price. You can re-draw the arguments in your favour as the ball is in your court.
The positive supply-side factors:
The 2020 crisis being largely different from what 2008 represented, sellers are now more responsive to newer projects.
To keep the oil running, sellers now present a wider variety of pricings with offers, which has made the property prices more affordable.
The good demand-side implications:
The situation right now favors the buyers more with a higher Loan to Value ratio(LTV), lower valuation, and cheaper credit availability.
Investment as an option:
With under-performing mutual funds and the volatility of the stock market, investing in real estate is a more stable and secure option.
Considering the situation right now, if the rental yield of a given property is more than 3.5%, buying it off is a more prospective option to have a future capital appreciation.
With all of these pointers, we guess it’s clear to you why this is the best time for you.
So, gear up as now is the time to get your business the necessary upgrade by buying a commercial space.