Profitable Investment Real Estate For Sale in Sharjah, UAE
Sharjah is one of the seven emirates of the United Arab Emirates (UAE), located on the eastern coast of the Arabian Peninsula along the Arabian Gulf.
It borders Dubai to the south, Ajman to the north, and stretches to the Gulf of Oman on its eastern exclave (Khor Fakkan).
It is known as the cultural capital of the UAE, famous for its museums, heritage districts, family-friendly environment, and more affordable living compared to Dubai.
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.
How to buy, sell or rent properties in United Arab Emirates: