Sunday, May 6, 2012

Best Real Estate Investment in the Summer Holiday's

As the summer sets in, the demand for holiday homes across world wide increases. According to real estate investment experts, three categories of homes are gaining traction around the globe: chalets, farmhouses and seaside bungalows (beach huts). Chalets and farmhouses can be found in different parts of the world, while huts are only available along the coastlines, primarily in Karachi, Gawadar and Ormara. They can be purchased or rented, and are available furnished or unfurnished. Without any doubt these could be best real estate investment in the upcoming summer season.
1. Chalets are usually located within city limits, on the scenic grounds of well as a kitchenette can can accommodate between two and four people. Facilities include private swimming pools and jacuzzi. Plot Sizes: 100-250 sq yds. Purchase price: Rs. 405-13 million (Karachi); Rs 4.4-12 million (Lahore); 5-15 million (Islamabad); Daily Rental: Rs 1,500-20,000 (Karachi); Rs. 2,500-17,000 (Lahore); 2,000-30,000 (Islamabad).
2. Farmhouses are usually located on city outskirts and are built on large plots. They generally comprise four to six bedrooms, bathrooms and a kitchen. They can accommodate between eight and 10 people. Modern farmhouses provide facilities such as cable TV, Internet access, and swimming pools. Farmhouses communities also offer nature-based recreational activities such as hiking, horse riding and fruit picking. Plot Sizes: 1,000-10,000 sq yds. Purchase Price: Rs 4-75 million (Karachi); Rs 5-100 million (Lahore); 7-80 million (Islamabad). Daily Rental: Rs 4,200-30,000 (Karachi); Rs 4,000-37,000 (Lahore); Rs 3,500-32,000 (Islamabad).
3. Beach Huts are located along the coast and range from basic 'huts' built on small plots on buy public beaches to luxurious villas located on comparatively secluded beaches. Luxury beach huts can usually accommodate up to 10 people and comprise up to four bedrooms and bathrooms, swimming pools and kitchen. Plot Sizes: 180-245 sq yds. Purchase price: Rs 2.5-9 million (Karachi). Daily Rental: Rs 1,000-30,000 (Karachi).
These were some of the best real estate investment tips in the upcoming summer season of around the globe.