Eamon Charles Lowe started his career as a property valuer and soon developed a great understanding of the economic and property requirements of all tenants, landlords, vendors, and purchasers, which allowed him to complete complex transactions with a clear and defined holistic strategy.
September 30 2020
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Property development trends are famous in the real estate market because of its extravagant features. However, choosing the right property for development purposes isn’t easy. The majority of developers find difficulty in choosing among residential and commercial development of the property. Eamon Charles Lowe can help you to get the ideal choice and generate great revenues. Here are some reasons why residential development is more profitable than a commercial one.
Residential Has Cheap Financing
One of the major reasons for going for residential property development is that its financing is cheap. On the other hand, finance for commercial development projects is quite more expensive than residential.
Residential Cater to Broader Market
The residential properties can cater to a wide range of sections in the market. Everyone can invest in residential property development be it married couples, bachelors, family person, or small-scale investors.
Residential Have Better Buy In-Land Prices
The residential properties are available easily at cheap prices in ideal locations. While commercial properties are purchased at premium rates at the best locations.
Get the Help from Renowned Developers of Locality
Eamon Charles Lowe has years of experience in developing properties for residential, industrial, and commercial purposes. You can get in touch with him anytime to get a detailed knowledge of his services.
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