I Want It All
The three of them walked into the sales office.
"As for the shops, we have basically sold all the shops on sale here, but the shops on the south side of the street have not been sold yet. However, if Mr. Smith wants them, we can bring out the shops on the south side for you to choose from!”
Zhen Lili said with a gentle voice.
In the same neighborhood, the price difference between the shops on the first floor and the houses on the first floor was very large.
Generally speaking, the price of a shop was two to three times more expensive than a commercial house in a residential area.
The average price of housing in Xiangxie Waterfront was around 30,000 yuan.
The average price of the shops was 80,000.
It was almost three times the price difference.
"How's the rental situation here?"
Su Yan asked.
"The rental price of the surrounding shops is about 600 per square meter, and the rent-to-sale ratio is 1:133. This shows that the potential for appreciation here is very large!”
Zhen Lili said.
The rent-to-sale ratio referred to the ratio between the monthly rent per square meter of usable area and the house price per square meter of construction area.
The international rent-to-sale ratio used to measure the good operation of a regional real estate was generally defined as 1:300 to 1:200. If the rent-to-sale ratio was lower than 1:300(1:400, 1:500, according to the rent-to-sale ratio, it was the ratio of monthly rent to the total price of the house. In the case of 1:500, it would take 500 months to recover the cost of buying a house), this meant that the investment value of the real estate was relatively small, and the real estate bubble had appeared. If it was higher than 1:200(1:100), it meant that the real estate investment potential in this area was relatively large, the rental return rate was high, and the market outlook was optimistic.
This place was located in the center of Bluesea City. There was the Qianda Plaza nearby, as well as a few large supermarkets. The subway lines were also the densest in the area.
Therefore, Zhen Lili's words weren't empty.
Su Yan nodded.
"Show me the environment of the south street first.”
Since it was an investment, Su Yan naturally wanted to see the environment first.
"Su Yan?"
At this moment, a voice was heard.
"Xiao Nuonuo?"
Su Yan could not help but turn his head and see a girl looking at him in surprise.
He was a classmate in his class, and he wasn't particularly familiar with her.
"Why are you here?"
Xiao Nuonuo looked delighted.
"Ah, I'm here to buy a house..." Su Yan looked to the side. There was a middle-aged man and a middle-aged woman.
If he was not wrong, they should be Xiao Nuonuo's parents.
"I'm here to look at the house with my parents.”Xiao Nuonuo's parents had some spare money, so they wanted to invest in real estate.
Their investment wasn't to develop it, but to buy one more house and then rent it out or sell it after it appreciated in value.
"Are you here to buy a house too?" Xiao Nuonuo was surprised.
This was because everyone in the class knew that Su Yan's family was not very well-off…
"Yes, let's take a look." Su Yan casually said," What do you think?”
"This is the third house we've seen today. My parents want to see it again.”
"Well, there's no harm in comparing the goods. Buy it if you like it. Don't hesitate.”
Su Yan knew that the next few years would be the hot years for real estate. He did not mind giving some advice to his classmates. As for whether they would listen or not, it was not his fault.
"Yes, I understand. I'll go over first…"
Xiao Nuonuo looked at the two women beside Su Yan, especially Zhen Lili.
Zhen Lili's badge had the words 'Sales Director' written on it.
To be able to receive the director personally, it could be seen that Su Yan was probably not simple.
Xiao Nuonuo and her parents entered the sales hall.
Su Yan and Zhen Lili went to the south street of the neighborhood.
"There are a total of 17 shops on this street, with a total area of more than 2,800 square meters.”Zhen Lili introduced.
"This is the city center, one of the most prosperous areas in the city. It's definitely worth it to buy it. There's a lot of room for appreciation.”
Su Yan naturally knew about this.
Bluesea City was adjacent to Guangyu City, one of the four first-tier cities in China. The government had already begun to integrate the two cities into one city. In the future, the urban area of Bluesea City would almost be connected to Guangyu City. A large number of people from Guangyu City would flood in and continue to blow up the property prices in Bluesea City!
The real estate industry in Bluesea City would develop greatly in the next few years.
This was an area that Su Yan was more familiar with. Therefore, he had also wanted to get involved in the real estate industry during this period of time.
This was an industry that could rapidly expand in the next few years as long as one had money.
He could simply earn money by lying down.
"You said that these 17 shops have a total area of more than 28 million. I've calculated it slightly and it's about 220 million.”
Su Yan said.
"Yes, Mr. Smith."
"I'll take all 17 shops!" Su Yan nodded.”
This area would become even more popular in the future.
These shops faced the pedestrian street and were extremely prosperous. Even if they were rented out, the rent would not be low.
In the next few years, the price of shops in this area would at least increase several times, which was even more terrifying than the increase in housing prices.
It was definitely a profit!
Zhen Lili was stunned. All of them?"
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