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Submitted 2011-09-29 11:23:38
The term commercial property (also called investment or income property) refers to buildings or land intended to generate a profit, either from capital gains or rental income. Commercial property includes office buildings, industrial property, shops, restaurants,pubs, medical centers, hotels, malls, retail stores, shopping centers, farm land,land left to fallow (undeveloped land), multifamily housing buildings,retail parks,business centers, warehouses, garages, and industrial properties.
In many places, residential property containing more than a certain number of units qualifies as a commercial property for borrowing and tax purposes. Commercial property usually must be zoned for business purposes. It is possible to invest in commercial property directly, or through Real Estate Investment Trusts or Real Estate Limited Partnerships.
Investors receive income from rents and capital appreciation if the property is sold at a profit. Investing in commercial property also entails large risks, such as non payment of rent by tenants or a decline in property values because of overbuilding or low demand for commercial property.
In spite of the risks involved, commercial property owners are tempted to become a part of the rat race by putting their properties to let for commercial purposes.Commercial Property owners list their properties for sale or rent, developers and builders list to advertise their projects to a global audience (Usually to raise capital to pursue the project), real estate consultants and brokers list properties to expand their market place. For queries and FAQs, drafts of legal documents or for resolving doubts, the Research and Advisory sector provides expert answers and accurate information regarding home and commercial loan interest rates and real estate articles and information.
There are calculators for EMI, amortization and area conversion. One should also refer to a list of real estate glossary terms and a book on real estate , which is a guide to buying or selling a property as well as archives which contain useful articles, tips, legal decisions, tax implications and valuable information on a variety of property related subjects.
There are a number of countries now fast emerging as the global hub for IT industry. This has led to a cut throat competition amongst prospective investors jostling hard to invest in commercial property in different parts of the globe. There are services informing people about commercial property to let, which includes office space for the corporate sector; retail space for shops and showroom; mall space, commercial space for Hotels and hospitality sector. Moreover, a host of other commercial properties in all ranges and categories at the best possible price in prime locations of a country are in demand.
Commercial properties to let are rated as per their location, commercial viability and infrastructure. And it is believed that the expensive commercial address can command net monthly rental worth millions.
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By: Max Caravaggio
You should always be careful when choosing a commercial property to rent irrespective of its location. It is better to solicit the help of an expert broker or real estate agent for this task, if you desire getting the best deal at the most affordable rate in the most lucrative part of town.
The term commercial property (also called investment or income property) refers to buildings or land intended to generate a profit, either from capital gains or rental income. Commercial property includes office buildings, industrial property, shops, restaurants,pubs, medical centers, hotels, malls, retail stores, shopping centers, farm land,land left to fallow (undeveloped land), multifamily housing buildings,retail parks,business centers, warehouses, garages, and industrial properties.
In many places, residential property containing more than a certain number of units qualifies as a commercial property for borrowing and tax purposes. Commercial property usually must be zoned for business purposes. It is possible to invest in commercial property directly, or through Real Estate Investment Trusts or Real Estate Limited Partnerships.
Investors receive income from rents and capital appreciation if the property is sold at a profit. Investing in commercial property also entails large risks, such as non payment of rent by tenants or a decline in property values because of overbuilding or low demand for commercial property.
In spite of the risks involved, commercial property owners are tempted to become a part of the rat race by putting their properties to let for commercial purposes.Commercial Property owners list their properties for sale or rent, developers and builders list to advertise their projects to a global audience (Usually to raise capital to pursue the project), real estate consultants and brokers list properties to expand their market place. For queries and FAQs, drafts of legal documents or for resolving doubts, the Research and Advisory sector provides expert answers and accurate information regarding home and commercial loan interest rates and real estate articles and information.
There are calculators for EMI, amortization and area conversion. One should also refer to a list of real estate glossary terms and a book on real estate , which is a guide to buying or selling a property as well as archives which contain useful articles, tips, legal decisions, tax implications and valuable information on a variety of property related subjects.
There are a number of countries now fast emerging as the global hub for IT industry. This has led to a cut throat competition amongst prospective investors jostling hard to invest in commercial property in different parts of the globe. There are services informing people about commercial property to let, which includes office space for the corporate sector; retail space for shops and showroom; mall space, commercial space for Hotels and hospitality sector. Moreover, a host of other commercial properties in all ranges and categories at the best possible price in prime locations of a country are in demand.
Commercial properties to let are rated as per their location, commercial viability and infrastructure. And it is believed that the expensive commercial address can command net monthly rental worth millions.
Author Resource:->??Max C writes for the Lettings Mall whenever he believes there is some knowledge he would like to share with everyone.
The Lettings Mall provides information and listings of commercial property including offices, warehouses, storage space and land holdings in the UK.
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