There are several important factors to consider while investing in real estate In Kochi; the builder, type of property, budget, amenities, neighbourhood, and so on, but the most important is the location. You want an apartment in a great location – one with essential shops and good roads in proximity, schools and healthcare facilities nearby, and so on. Another consideration is the surroundings; do you want to live in a concrete jungle, or do you want tranquil, green spaces, nestled in the lap of nature?
If you are the one who prefers a quiet life, then you should consider waterfront properties as part of your real estate Investments strategies in Kochi. The seas and huge rivers have always fascinated human beings, and there is an inextricable link between the two. In fact, the first human settlements were always on riverbanks, as water is the most essential thing required for survival.
What are waterfront properties?
Waterfront properties are those apartments or villas that face water bodies like rivers, oceans, lakes, or large ponds. They offer beautiful views of the water and related ecosystem that have a very soothing and calming effect on human minds.
Why are waterfront properties so popular?
The cool breeze and soothing vistas are the main reason for the popularity of these properties. Unlike land views, the views of a waterfront are permanent; trees are cut on land to make space for more buildings, but river water is not dredged for this purpose as water is a precious resource.
Further, water bodies in themselves are limited, and hence, the number of waterfront properties that can be developed are also limited. Anything that is limited in supply is always in high demand.
What are the advantages of investing in waterfront properties?
You can be assured of excellent returns on your investment in waterfront apartments. After all, anything in high demand will fetch good returns. If you want to earn a monthly income by renting it out, you can charge a premium for a waterfront facing apartment. Similarly, you will be able to get a higher price when you try to sell it off. You can also set it up as a vacation rental or Airbnb property, and you are sure to get tenants/guests year round.
Such properties are considered more luxurious and prestigious, which also adds to their value. As there is a vast body of water on one side of the building, you can be sure that nothing else will come up there, affording more privacy to the occupants of that building.
5 Benefits Of Investing In Flats In Kochi
While waterfront properties can be of many types like flats, villas, bungalows, etc., flats are always the desirable option. Here are five good reasons why:
- Flats are compact and easier to manage compared to large homes, and ideal for the nuclear families of today.
- Apartments offer more security than detached homes, as they are gated properties with high walls, security guards and CCTV cameras; many also have biometric access.
- Modern amenities like swimming pools, play areas for kids, party halls, power backup, landscaped gardens, clubhouse, sports facilities, EV charging stations, A/V room, etc. are available
- Many flats promote sustainable living with rainwater harvesting, solar powered lights, composting, etc.
- Cleaning, garbage collection and disposal, maintenance, and other activities are centralized.
Also Read: 5 Benefits of Investing in Flats in Kochi
Conclusion
Now that you know the reason for the popularity of waterfront properties as an investment option, you can also consider investing in one of them.
Varma Homes has some of the best properties in Kochi, in the most desirable localities in the city. Check out their premium 2 and 3 BHK properties, with the latest amenities and conveniences. Varma Homes apartments comply with RERA norms, and use superior methods and materials in construction.
FAQ
What makes waterfront properties in Kochi a unique investment?
Waterfront properties in Kochi offer unique advantages such as uninterrupted views, a tranquil environment, and a scarcity that drives demand. These properties are limited in supply, making them a valuable investment likely to appreciate over time. The natural views and serene setting also make them highly desirable for living or renting out.
How do waterfront properties compare to other types of properties in terms of investment return?
Waterfront properties typically command higher prices and rental rates compared to inland properties due to their exclusive locations and views. This premium can lead to higher returns on investment, especially if used as vacation rentals or Airbnb properties. The exclusivity and limited availability also mean that they often retain their value better during market fluctuations.
What should I consider before investing in a waterfront property in Kochi?
Before investing in a waterfront property, consider factors like the quality of the water body, potential for flooding, environmental protections, and development regulations. Additionally, ensure the property has proper legal clearances and complies with local zoning and building codes to safeguard your investment.
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