Property is an important asset that may one day be resold, its location will most likely have an impact on the extent of the business you generate, and it must be able to accommodate future growth; therefore It is advisable to take into account not only one's taste and wishes, but also the investment criteria. A few of the points to be considered are:

• Caution is advised when investing in properties outside of towns or urbanization as anything may be built or installed on the land surrounding your property in due course.
• When investing in an older property, it is important to analyze the potential modernization costs to ensure that you don't end up with high renovation, maintenance or replacement costs.
• While buying in a new and not fully built area, remember that empty lots will one day be built upon hence you could loose either the view surrounding your area or you could be inconvenienced by years of noise, improper roads and debris caused by the construction of the up coming new buildings.

When assessing a property location, age, condition maintenance costs, orientation, property type and access to the property are all taken into account. Issues such as roads and facilities that may affect the property's desirability are also a factor.

These are only a few of the reasons that you need a professional office with a vast experience in evaluating properties for large and small projects and knowledge of government regulations of zoning laws and planning.

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Last modified: 06/02/05