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Why To Buy Weekend Homes

  • 10th Jun 2013
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Why To Buy Weekend Homes

In this modern life of the 21st century there is a lot of competition in our professional careers. The competition is really tough especially in the private sector. Due to this intense competition we have to work smart, work out of the box, come up with good business ideas, need to do multitasking and sometimes also need to work 24/7. This kind of lifestyle is now almost compulsory for meeting our living expenses, for our business growth and for meeting our needs. Thus we end up spending most of our time in our offices or at our work places. In this whole time-consuming process we don't get ample quality moments to spend our leisure time with our family or friends. This is exactly where second homes come in handy to get out of the working life andenjoy those of moments of peace and joy with our friends and family.

Second Homes or Weekend Homes are properties where you can spend your weekend with your family and friends. It is a place to have your quality leisure time with them, an opportunity to breathe fresh air and relax in the lap of nature. In simple words it is a time to celebrate your weekend with your family.

Choosing a weekend home

Weekend home is your second home where you want to spend your weekend happily without any stress and so before choosing a weekend property there are some important aspects that you need to give attention to. Check the travel distance from your first home to the weekend home that you plan to buy. Ideally a weekend property should be between 80 kilometers to 230 kilometers away from your home. Travelling time should not be more than 3 hours to 3.5 hours. If you go further from this distance then you will end up your weekend in just travelling or driving your car. So choose a weekend property where your travel time would be less and also comfortable. At the same time your weekend place should be located away from the noise, pollution and commotion of the city life. It should be an abode which will replenish and relish you and your family life. It should also fulfill your need of spending quality and a pleasant time with your family.

Availing a second home

There are many real estate developers who are now developing quality weekend properties with a range of features across multiple locations. To find good weekend properties the digital platform is a convenient option. In the digital medium you will be able to find, search, compare, and check a range of second home options as per your convenience. You should do an actual site visit only after you have shortlisted various options that fit into your scheme of things including your budget, taste, location preference, facilities, amenities and distance criteria. This will help you to save time, money and give you a great head start towards your quest for finding that perfect weekend property.

You can also choose a real estate agent or even weekend property owners through advertisements to find out good second home options. If you are still not satisfied with the features available with the weekend property available in the property market then the best option would be purchasing non agricultural plots and then building a weekend property as per your specific needs.

Investing in weekend homes

If the reason for your purchase of a weekend property is pure investment then you have to enter this market keeping in mind a long-term goal. A weekend home will appreciate slightly in the short-term but the largest benefit that you can get is staying invested in your property for a long-term. The reason is that once there are various infrastructure elements in place like roads, highways and other kinds of developments then you will reap a very good profit margin on your investment. If you have a long-term vision and you can hold your property for a period of 5 years to 15 years then surely the capital appreciation will be much higher.

Therefore a weekend property will not only make sure that you spend some quality time with your loved ones but also give you great profits on your investment.


WRITTEN BY

Suhas Kataria is a realtor and digital marketer by profession and founder of Realspace Assets LLP. A passionate musician by heart & soul, Suhas is also a writer, percussionist and lyricist for a band called Ubun2. But more than anything he is a staunch dreamer and believer in all things positive... read more


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