If you are looking to the future and you’re trying to figure out ways that you can protect both yourself and your family so that you are financially secure 25 to 30 years from now then there are a number of things that you might want to consider. Many people say that keeping your money in the bank is one of the most secure things that you can do with your money but with interest rates never really peaking more than 1 to 2% APR, your money isn’t going to grow a lot over the course of a quarter of a century. You need to be looking for other ways to invest your money wisely while also not taking risks with it. This is why many people turn to the property market because it has been performing exceptionally well over the past 25 years and doesn’t show any signs of slowing down.
There is always a property for sale and at the moment there is an affordable Pattaya property for sale that has your name on it and it comes at a fantastic price. There has never been a better time than now for investing in real estate because we are just coming out of the pandemic at this very moment and so you can pick up a property for much cheaper than it was before. If you’re trying to build up your financial portfolio then investing in real estate can provide you with a nest egg for your later years. There are many reasons to invest in real estate and the following are just some of them.
- Guaranteed cash flow – If it is your intention to buy a property with the sole purpose of renting it out as some kind of side hustle then you are sure of a monthly income without fail. All you need to do is to get yourself a good tenant and you will be receiving a monthly sum at the same time every single month. It’s likely that the rent that you are charging is more than your monthly payment on the mortgage and so you will always have cash available to you.
- Excellent return on investment – On average, properties rise in value about 10% every single year and so this is a lot more money that you will get them leaving your money in a saving account in a lending institution. The real estate will increase in value over time and many people have been able to double money over the course of 20 to 25 years.
- It provides long-term security – If you buy a property, it should be your intention to hold onto it for as long as you can or at least until your retirement years when you can start to enjoy vacations every year. It acts as an excellent nest egg which will allow you to maybe retire some years earlier than you had planned.
Your property will also help to protect you against inflation which is currently rising at the moment. If inflation begins to bite then you can be pretty sure that the value of your property will rise as well and it probably won’t come back down again.