Profitable Investment Real Estate For Sale in Guyana
On the northern coast of South America Guyana can be found, a country that has borders with Venezuela to the west, Brazil to the south and southwest, Suriname to the east, and the Atlantic Ocean to the north.
Guyana is one of the fastest-growing economies in the world, mainly as a result of large offshore oil and gas reserves being found by ExxonMobil and other oil and gas companies.
This economic expansion has in turn fueled the property market, creating demand for luxury homes and apartments, hotels, and high-end rental properties.
Popular areas of Guyana with Inturnational Buyers - investment or personal use, listed by owner, for sale by real estate agent and for rent:
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
