What Are The Benefits Of Investing In A Second Home



When looking for a new home whether for residential purpose or as an investment choice, many consider a second home for many reasons. What are the benefits of investing in a second home?

Investment choice
Investing in a real estate residential property brings you great returns in a short span of time.  In the case of a second home, it is an affordable investment choice.

Tax benefits
The home buyer can avail tax benefits on the interest payment of the home loan in the case of investing in a second home.

Retirement or vacation home
A second home is a great investment choice for one who plans to settle at his native place after retirement. The investment in a second home can also be in the form of a vacation home in an ideal location to enjoy your holiday with your family.

Source of steady income
One can generate extra income apart from the long term price appreciation by renting it out the property.

Melonwood Greens is one of the top-rated luxury residential projects, flats in Kochi Kerala. It is a flagship project by the renowned builders in Kochi, Melonwood Homes. The project, apartments in Kochi, facilitates an impeccable urban lifestyle aided by luxury living at its best.

To Know More Melonwood Homes







Location: Kerala, India

Comments

Post a Comment

Popular posts from this blog

Make the most out of real estate investment easily

Image
Real estate investment in residential properties assure effective returns and it is highly regarded as a wealth maximizing opportunity. For a successful investment flats, apartments and residential projects, it is vital to consider certain parameters like connectivity, proximity to social infrastructure, etc. Here are a few guidelines to help make the most out of real estate investment: 1.    Learn more about the property cycle to identify the entry point in real estate sector correctly. 2.    Understand in depth about the government issues leasehold titles. 3.    Ensure the quality of development to assure that you gain healthy returns and also to refrain from bad investment options laid forward by depressed market. 4.    An investor must be aware of the gain in capital and stamp duty amount to be paid. 5.    Verify development plans and statutory approvals and do a close scrutiny throughout the investmen...
Read more

4 Things that a Nuclear Family Should Consider During Home Search

Image
In India, We are breakdown of joint families into small, nuclear families, the priorities of a modern homebuyers have seen a dramatic change. Instead of size and number of rooms, the neighbourhood, social infrastructure and facilities offered in a project have now become top considerations. As against a joint family, the requirements of a nuclear family are much different when it comes to property purchase. To begin with, a nuclear family, which comprises of a husband, wife and children, requires lesser space than the joint family setup. Nuclear families do not need nearly as much space as a joint family. The criteria for the choice of a property in a nuclear family are radically different from those of a joint family. Here are five things that make a big impression with today’s homebuyer. 1. Security   In the case of a nuclear family, parents leave home early for work and return in the evening, leaving their children and the elderly behind. Security, therefo...
Read more

Reasons that make Edappally a prime location in Kochi

Image
Edappally is one of the fastest growing suburb on Kochi which is also considered as the entrance to the city of Kochi. Due to its strategic position at the intersection of highways and being an emerging retail centre, the area is considered a prime location for investment in Kochi. Here are the reasons that make Edappally a valuable destination for investment in Kochi.   Junction of highways – The 2 national highways join the Kochi bypass at Edappally.   Kochi Metro – The Kochi Metro station makes the area a prime location by making it accessible from various locations in the city.   Shopping hub – The most happening places in the city like Oberon mall LuLu mall are located at Edappally.   Close proximity to educational institutions – Amrita Institute of Medical Sciences, Amrita School of Arts and Sciences, Government Vocational and Higher Secondary School, Bhavans Elamakkara, etc. are at nearest location from Edappally. Me...
Read more