Pre leased property is the property that is already chartered to a particular company and it is then sold to a client inclusive of the rents. If you buy a pre leased property, you can be rest assured from the very first day that you will be getting good returns from the investments that you make. You will get the return from the revenue that you earn from the rents.
A good yield from the rental income will surely attract a number of investors throughout the country. Especially in the metro cities, most investors are very fond of the income from the monthly rent.
If you are interested to know about the benefits of pre- leased properties, you can go through the points mentioned below:
- The waiting period is nil
Buying a pre- leased property means that you are buying a property that is already leased and is providing a regular income to the owner. So if you buy such a property, you do not have to actually wait for getting returns on your investments. The only thing that needs to be done here is to transfer the lease deed. Once that is done, you start earning immediately. If you are a resident of Gurgaon and planning to buy a property there, you can certainly opt for pre leased property Gurgaon.
- Risk factor is minimum
The property is already occupied and is therefore providing you with a guaranteed income . So your return from this income is guaranteed for at least for a few more years. The documentation is already done and so this becomes quite a safe investment option. There is a locking period for 3 years in most of these rental agreements and this ensures that you get a regular monthly income for at least the term of the lease agreement.
- Liquid investment
Real estate investment is not high in liquidity because you will have to keep it with you for years before you can actually sell it. However, this is certainly not the case with pre leased properties because they are already on rent and thereby providing you with a regular rental income. Investing in a pre rented office in gurgaon is certainly a good option.
- Value of the properties appreciates over time
In most cases it has been seen that the value of the pre leased properties appreciates over a certain period of time. This is all the more true for properties that have a good locality and infrastructure, design and amenities.
- Pre leased properties are also available at a lesser rate of interest
If you want to avail a loan for buying a preleased property, you have the option of getting it at a much lower rate of interest.
If you are planning to buy a property, opting for preleased properties is certainly a good option. However, make sure that you check the preleased agreement minutely before you invest in the property. This is to ensure that you do not have any clause in the agreement that might prevent you from selling the house in the coming years.