Profitable Investment Real Estate For Sale in Hanoi, Vietnam
Hanoi is the capital city of Vietnam, and can be found in the northern part of Vietnam along the banks of the Red River, and is thought to be one of the fastest-growing cities in Southeast Asia.
Hanoi's growth is helping to expand Vietnam's economy, which then attracts both domestic and foreign businesses focused on technology, manufacturing, and services, which all go to support long-term property values in Vietnam, and makes buying property for personal use or as investments attractive.
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.
