Why go in for investment in a time share resort when you can try out your own innovative time share concept with a small investment of Rs 2-5 lakhs. One can explore the possibilities of buying a small cottage in a hill station or a holiday destination jointly with a small group of friends and relatives. The biggest advantage of Builders for Sale this in comparison to buying a time share in a company is that as an investor you get more liquidity for your investment in addition to the benefits of property appreciation.
Besides, you do not have to pay yearly maintenance charges and need to spend only actual charges for its upkeep. The best part of this concept is that after a couple of years the property can be sold with appreciation and one can move on to other destination. .The concept of paying guest is fast picking up not just in metros but also in tier 2&3 cities assuring good rental income. A group of 10-12 friends with small individual investments can buy an apartment/ home for paying guest purposes.
One of the co-owners on rotational basis can be entrusted with the responsibility of managing the house. So, in this manner, with small investment one can get big returns both in terms of rental income and property appreciation.Similarly with an individual investment of Rs 3-5 lakh, a group of investors can buy a property for setting up a hostel for students, which can be managed jointly.
fascinating post…I assume as you are expressing money in lakh then this is in India?
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