Real estate multifamily is the new frontier of the real estate market. To say it is not us, but international statistics. Especially European ones. As we pointed out in advance, new market segments have been created, based on the needs that emerged after Covid. But multifamily is a novelty for everyone! Curious, aren’t you? Well, we are sure that multifamily could be a convenient alternative for many of you. So get ready to take notes. Because today our mini guide will be based on this brand new trend in the real estate market. If you are ready, we can start our mini guide !
Before getting to the heart of our mini guide, let’s try to understand what this term means. Real estate multifamily refers to a sector related to multiple real estate complexes. Multifamily involves several houses under one roof. Which is why we’re talking about “duplex” or “triplex” accommodations. But only if they’re connected apartments. We’re talking about multifamily if it’s four or more apartments.
You may ask : what are the advantages of a multifamily real estate ?
Investing in a multifamily means only one thing: to make economies of scale. In detail, with a similar situation, you can reduce unit expenses for mortgages and insurance and, on the other hand, obtain returns multiplied according to the housing unit. In short, a convenience not to be underestimated. Especially in these critical times.
What does the growth of multifamily real estate depend on? As we have anticipated, despite the fact that it is an area of new abstraction, the returns are maximum. Mainly growth is based on several aspects:
Different aspects, but which nevertheless fully represent the needs of the potential customer at a time like the one we are experiencing.
But what will be the implications of this growth sector? First of all, more stability is expected in terms of buying and selling than in other sectors of the property market. The falls will not exceed 10%, guaranteeing excellent returns over time. In short, it seems that the guarantees relating to potential gains have displaced the fear of investment. In fact, many buyers are “hibernated” by Covid-19. The buying and selling has come to a halt precisely because of the uncertainty that is rampant. Apparently the same cannot be said for this sector.
What can we say, we expect the situation to improve in general. At the same time, however, that the new multifamily real estate sector may represent a turning point in the market. A wave of improvement and innovation that can bring about a revival in one of the most important sectors at national level!
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