Is there a right age to start investing in real estate?

The property market is something that is always a hot topic of conversation anywhere. What is trending, what are the most sought-after locations, falling and rising property prices, and interest rates? The other popular topic in property discussions is, “What is the right age to invest?” Buying a property is considered the most important investment decision in anyone’s life and can get overwhelming.

Many tend to get confused about whether to start early or late, but if you do proper research, you will realize it is best to start investing when you are younger. While age is not a barrier, investing in real estate should be done as soon as possible. Early investment in property can bring lucrative benefits in the long run along with much-needed financial stability. A clear and coherent property investment strategy at a young age can take you a long way in the future.

Many argue there is no right age to start investing in real estate. But the truth is investing in property takes hard work, strategy, time and effort and starting at a young age can be a real game changer. As experienced property developers, we would highly recommend that you start investing in property as soon as possible. The logic is very simple, real estate is considered to be the best investment and the sooner you start investing in property, you are creating better prospects for your future.

In this article, we will talk about the reasons why early investment in property is beneficial that may motivate you to start building your property portfolio at a young age.

Get lucrative returns on investment

Property investment is always meant to be a long-term investment, the longer you hold it, the better the investment and the more returns you can make from it. That’s why it is always recommended to start exploring your investment possibilities at an earlier age and invest as soon as you find a compatible property deal. Investing later in life can be trickier and riskier especially for first-time investors, meaning a few more factors need to be considered. This shouldn’t necessarily deter older investors, though.

But when you invest in property at a younger age, the more likely long-term gains will be made. Furthermore, keeping in mind the rising value of property in some markets, the longer you hold an investment property the more it will be worth over time. In case you decide to sell it in future, you will get much more than you initially paid. 

Efficiently manage loans and avail tax benefits

Investing in property means you are creating a significant amount of debt in your life. When you take a loan at a younger age, you have a degree of comfort in knowing that you have plenty of time to repay the loan easily and can live more freely and without the stress that comes when you have to pay a large amount of debt. Additionally, getting loan approval from banks is easier at a young age, particularly with banks being more cautious in their lending practices. In addition to earnings, banks look for many factors while granting loans, and age is one of them.

Younger candidates are more likely to get loans. Taking loans from the bank also entitles you to certain tax benefits. By understanding the tax implications in property investment and the tax exemptions that can be claimed if you have availed of a loan for the property, you can reap the financial benefits of property investment.

Build a smart property portfolio

The right, early start gives you more time and opportunity to grow and diversify an impressive portfolio containing multiple properties such as apartments, townhouses, houses and land – preferably spread across multiple cities. By incorporating a mix of these, you can target different investment property portfolio goals for gaining long-term wealth and financial independence. 

However, building a profile needs a more detailed understanding of how property investment works, in-depth market research and much more. Seeking professional expertise and financial advice can also be helpful in this regard. If you are ready to invest in real estate, you can find the perfect property at Sterling Developers — one of the top builders in Bangalore. You can choose from a multitude of property options at Sterling Developers. Whether you are looking for apartments for sale in Bangalore or flats for sale in Bangalore, we have many attractive options for you.

Investing in property delivers a tremendous return in many ways, from substantial rental income to medium to long-term capital growth, tax savings and so on. Of course, there is always a risk with any property investment. It’s important to do as much research as you can to reduce the risk. You can also take help from experienced property experts such as Sterling Developers. 

Considered as one of the top builders in Bangalore, we have more than three decades of experience and extensive knowledge and understanding of what it takes to become a successful property investor. We offer many new and ongoing projects in Bangalore that could be your first or next property investment. Feel free to discuss your requirements with our specialist team today, who will help you in finding the best property.

Sterling Developers is a leading real estate company in Bangalore. We have built some of the best properties in Bengaluru, including premium apartments, flats and exquisite villas. Integrity and creating value for our customers are very much at the forefront of our company’s core culture.
Our mission is to build homes that compromise on nothing. If you are looking for apartments for sale in Bangalore or flats for sale in Bangalore, you have come to the right place. Sterling Developers is amongst the top builders in Bangalore. Designing and delivering exceptional living spaces for three decades has earned us the reputation of a trusted top builder in Bangalore that focuses on design and quality in all projects. To know more about our projects and discuss your requirements, get in touch with our team today.