Have you heard that investing in real estate is a profitable way to put our money to work? But in your mind the following question remains: What is real estate?
Don’t worry, you’re not the only one with little or no information about it, that’s why this time I want to explain what people mean when they talk about real estate.
By definition, real estate is property that cannot be moved due to its nature, that is, it cannot be moved. Elements such as: buildings, bridges, statues, and even the land itself can be considered real estate. The general concept is broader than you might think, because within its classification there are different types and that is precisely what we will talk about below.
Types of real estate
As I have just mentioned, the classification of real estate is quite broad, even this can be done based on various factors such as its destination or its nature, but the most common way to classify them is as follows:
- Residential real estate: Used by people to live in, such as single-family homes, complexes or condominiums, apartments, buildings, land.
- Commercial real estate: Those that are used by companies to sell or buy their products, those that are used only for commercial purposes, here they include offices, warehouses, stores, hotels.
- Industrial real estate: In this group are properties used for the manufacture, manufacture, storage of any product, for example, factories, farms, mines, power plants.
Now that you have a general idea of what real estate is, you can begin to consider the idea of investing in this field, since real estate has become one of the most active assets in portfolios today. of investors. In a future article we will show you some points to consider before investing in real estate.