Malawians love property investment too much, because it’s something they want to see and point a finger at! It gives a good feeling kuti I have built this. It has some sentimental value.
It’s good but not the best investment in the medium term! Try to diversify your investments portfolio into shares! Have you noted how property investment companies like MPICO and ICON perform?!
Ever wondered that banks and telecoms don’t invest in property but your pension funds? It’s because generally returns are over a very long period of time more like generational!
Here are the benefits of property investments:
1. It beats inflation
2. It’s tangible asset
3. Gives passive income
4. It appreciates in value
Disadvantages of property investments:
1. High Capital intensive
2. Rentals maybe a challenge
3. Generally difficult to liquidate
4. It has high maintenance costs
However you can use your property to leverage and make more money elsewhere! The key remains location, location, location!
Source: Benedicto Bena Nkhoma
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