Best Things about Hill Station
Here are some of the best things about hill station real estate.
1. Great value of property
To begin with, hill station properties are of high value because
of their high demand in society and limited availability. Good properties are
very hard to come by – they are either owned by generations of the same family,
or the sold out really quickly. DON’T judge the hill station properties based
on the ones that are displayed in Property Portals which are mostly listed with
the motive of liquidation and monetization for their financial urgency. Thus,
if you are able to get hold of a premium property at the best parts of the
hill-town, with the perfect views and climate and of immaculate condition, call
it your lucky day. By the best investment, we mean investing on Premium
properties of this sort.
2. Great appreciation of value
The demand for hill station properties is always on an increasing
trend. This is because, the life of the modern man is stressful – he rather is
stressing out than living. More and more people want to visit, and take short
breaks on a hill station for stress relief and rejuvenation like something
culturally followed in the western countries. The demand, thus, keeps
increasing, and so does the value of your investment in the hill stations.
3. Attractive Agriculture Revenue
Revenue out of real estate is simple to figure out. You let it
out, and get rent for it. But regularity, consistency and high value of rental
isn’t something that is available in all parts of the plains. This isn’t the
case with hill station property, because, like mentioned in the previous point,
the demand for hill station property for boarding and lodging is always on the
increase because the tourism in the hill stations is increasing with time.
Higher numbers of people flock to hill stations, thus high possibilities to
rent out your hill station property and get revenue out of it to make up for
the big investment that you’ve made.
Agriculture revenue plays another important role in hill station
realty since they are tax free. Cultivation in hill station is different from
that of plains where you don’t get water or electricity or both. In hill
station it is mostly nature oriented cultivation and it is free from both of
these constraints. Venturing into such businesses would definitely be an asset
to your life-you can contribute to the declining agriculture of the country as
well as make the best of your hill station investment.
4. A great place to retire
The title speaks for itself and more –
whether you retire full time, or retire part-time (on a vacation) hill stations
are the best places to go to in India. This is because of the much more
pleasant climate, views, the fresh air, Low AQI and better quality of air and
so much more. While these vacations could be costly because of high prices of
rentals, and difficult to plan because of the low availability of good places
to stay at, owning a property in the hills would be like going to your home away
from your home.
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