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BUILDING AN APARTMENT IN A HIGH COST AREA (URBAN)
🏢 Lesson: Building an Apartment in a High-Cost Area (Urban) Many people who buy a small plot in a high-cost city make one very big mistake: They build a bungalow and reduce the real value of their plot. ❗ Very Important Fact If your plot: Is small in size Is located in a commercial area or in the center of the city The price of the plot is higher than the cost of building a small house 👉 The right solution is not a bungalow — it's an Apartment. 🎯 Reasons to Build an Apartment in a High-Cost Area 1️⃣ Better use of land Instead of using the entire 120 meters below, you build 60 meters below + 60 meters above. You use the land wisely, not by habit. 2️⃣ The value of the building increases more than the plot An apartment increases the value of the property two to three times compared to a small house. 3️⃣ Income Property Bottom: Business / Office / Rental Frames Top: Residential or rental apartments The building starts to generate money for you. 4️⃣ The foundation and roof are...
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