Even though investing in residential properties is a smart choice – there are several benefits that come with investing in commercial property. Here are just some of the main reasons why more and more property investors are choosing commercial property over residential.
The landlord-tenant relationship for commercial properties tends to be much more professional and business-like.
In general, yields tend to be higher for commercial property when compared with their residential counterparts. In addition, commercial tenants often take on many of the costs that landlords would be traditionally expected to cover in the residential market, for example, providing insurance for the building and ensuring that it is adequately maintained.
To find out more about investing in commercial properties, click here.