Real estate is one of the oldest assets that has existed for many centuries. Kings, noblemen, kingdoms, and chiefdoms used the land as a form of exchange or compensation during wars and gave the royal families as a sign of reward. Over the years, real estate has become the most profitable business idea for those who can invest heavily in land or real estate and wait for it to appreciate over time. Moreover, factors such as urbanization have made it more beneficial and appealing than investing in the stock market. It is three times more likely than any other business to make money, in my opinion.
Best types of investments
In Ireland, there are many types of real estate investments namely:
Physical property investments
Physical property investment can often yield high returns with these categories and requires more significant initial investment and patience for property to appreciate. The best type of investment are as follows:
Residential real estate.
Building houses where people can live is an excellent investment because of the population growth and rental housing demand …