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The Benefits of Investing in Waterfront Properties in Thrissur
Posted onDec 26, 2024
Thrissur is renowned as the cultural capital of Kerala, but it is also a place blessed abundantly with natural beauty. Two of the most famous waterfalls, Athirappally and Vazhachal, can be found here. In addition, there are woods, rivers, backwaters, streams, brooks, and other geographical features that add to the pulchritude of the area.
The sound of gently flowing water has always had a soothing effect on human minds. When the breeze blows, it cools the areas surrounding the water bodies faster than land.
Is it any wonder, then, that homes built on riverbanks, close to lakes, beaches, and other water bodies, have always been coveted? After all, the earliest civilizations were established on river banks. Water is essential for most of our activities; it sustains life. Even today, we can see that there are rivers or large lakes running through most cities and even small towns and villages.
This is why your real estate investment strategies in Thrissur should consider waterfront properties as well. Any residence built facing a waterbody is considered waterfront property. One of the best things about owning a waterfront property is that you have unobstructed, sweeping views. You don’t have to worry about any new construction coming up in front of your building, as there is only water there.
It also means you can have a lot more peace and quiet than when staying in the middle of the town area, as at least one side will be completely devoid of other buildings. If you like tranquil living or want to unwind and relax after a long day at work, you will love waterfront apartments.
Do keep in mind that waterfront properties are usually more expensive than other residences. There is a limit to the number of waterfront properties that can be developed, as only limited lakes, rivers, or beaches are present; out of that, not every area close to these water bodies is suitable for construction.
Why Should You Invest in Waterfront Properties?
If you want to look at waterfront properties purely from an investment viewpoint, that’s an excellent idea. There is always a high demand for staying in such properties; families, couples, or groups of holidayers prefer staying in waterfront properties for scenic vistas.
You can give out your waterfront apartment on monthly rent or daily rent as a serviced apartment for those on vacation. You can also offer it as a bed and breakfast and list your property on Airbnb or similar sites to get guests quickly.
Even when you want to sell it off later, you will get a good price as the demand for these properties is higher than their supply.
5 Benefits Of Investing In Flats In Thrissur
Waterfront apartments are more popular than villas and bungalows for these reasons:
- Apartments are more affordable than large homes
- Flats have a smaller area and are convenient and easy to manage compared to detached homes.
- Flats offer higher security than individual homes, with electronic or manned gates, 24/7 security guards, CCTV surveillance, biometric access, and so on.
- Flats offer lifestyle amenities like a gym, landscaped gardens, a party hall, a swimming pool, courts for outdoor sports, and more.
- Flats can be easily rented out as there is always a high demand for them; nuclear families and bachelors who have moved to the city for work prefer flats over individual houses.
Also Read: 5 benefits of investing in flats in Thrissur
Conclusion
Would you like to take advantage of the demand for waterfront properties to invest in one yourself? Just make sure that you have the finances to do so, as such apartments are quite expensive. Unfortunately, one of the Common mistakes while investing in real estate in Thrissur is not budgeting properly for it.
Even if you don’t want a waterfront property and want to invest in a good apartment, we have the best options for you. Varma Homes is one of the best builders in Kerala with a reputation for delivering outstanding apartment projects within the promised budget and timelines. All projects adhere to RERA norms and are built as per plan.
FAQ
What makes waterfront properties in Thrissur a good investment?
Investing in waterfront properties in Thrissur offers several benefits. These properties typically maintain high demand due to their unique locations and the serene views they offer. Additionally, their limited availability ensures a consistent appreciation in value over time, making them an excellent investment choice for both short-term rental opportunities and long-term capital gains.
Are there any specific advantages of choosing flats over villas for waterfront living in Thrissur?
Yes, flats in waterfront locations in Thrissur can be more advantageous than villas for several reasons. They are generally more affordable and require less maintenance, making them easier to manage. Flats in gated communities also offer enhanced security features like CCTV surveillance and 24/7 security personnel, along with lifestyle amenities such as gyms, swimming pools, and community halls, which are appealing to both residents and renters.
How can I ensure a profitable investment in Thrissur's waterfront properties?
To ensure a profitable investment in waterfront properties in Thrissur, consider the property’s location, development potential, and existing demand. It’s also crucial to work with reputable developers like Varma Homes to ensure that the property adheres to RERA norms and is delivered on schedule. Proper financial planning is essential, as waterfront properties can be more expensive than other real estate investments.