The Number One Selling Point of Villas for Sale in Palm Jumeirah
When landlords want to expand their real estate portfolio to other areas of the world, they must consider several factors. These include the time it will take to make a return on investment, the type of tenants they want to have, and selling points of the neighborhoods where they will purchase villas for sale.
First, the time it will take to make a return on investment varies from property to property. This includes areas like the city of Dubai in the United Arab Emirates (UAE). There are two ways to make a return on investment on any property. The first is to make the return on investment via rent payments alone. To calculate the minimum amount of time it will take, landlords should divide the price of the property by the lowest rent in the area and repeat the process for the highest rent in the area. This will give a minimum time range that assumes that no property repairs or renovations will be made and only rent will be paid. The second way to make a return on investment is to renovate and repair the property and sell it at a profit. The minimum range that was calculated will determine whether a landlord should “flip” the property and sell it at a profit or hold to the property to make a return on investment through rent payments.
Second, landlords should consider the type of tenants they want to have. If they wish to have younger tenants, then they should invest in properties near nightlife and social centers. If they want to have older and more mature tenants, then they should invest in villas for sale in gated communities or those villas that are removed from the center of city life and are quiet and peaceful.
Finally, landlords will use selling points to convince tenants to rent their villa or apartment. Selling points can include low rent prices, amenities, and the features of the villa.
If you are landlord looking to lease villas for sale in Palm Jumeirah in Dubai, read on to discover the number one selling point of villas for sale in Palm Jumeirah.
Private Beach Access
The community of Palm Jumeirah is on a man-made archipelago in the shape of a palm tree branch. There are hotels on the crest of the palm, while residential houses are on the fronds. Due to the location, there are plenty of opportunities to go to the beach to relax or play games.
Private beach access plays a critical role here for three reasons. First, because Palm Jumeriah is where some of the wealthy live, having private beach access in Palm Jumeriah is a status symbol. Next, residents will have their own part of the beach to separate them from tourists, leaving the beach with a less congested feeling. Finally, having a private part of the beach will allow families to relax in the safety and comfort of their own home.
Landlords should consider the type of tenants they want to have, the talking points of properties, and the time it would take to make a return on investment on a villa for sale through rent payments alone. The number one talking point for villas for sale in Palm Jumeirah is private beach access, which appeals to the wealthy, separates tenants from tourists, and allows families to feel safe.
If you are a landlord looking to invest in villas for sale in Palm Jumeirah, you should make sure the villas include private beach access!