Freehold land is a type of property ownership where the owner holds full, permanent ownership of the land and any structures on it. This means they have the right to use, lease, sell, or pass on the land as they see fit. Unlike leasehold land, where ownership is for a fixed term and returns to the original owner or a different party at the end of the lease, freehold ownership is not time-limited and...
Traditionally, when you purchase a home, you own the home and the land the property is built on. There are some circumstances that involve a land lease, which means you would own the home while paying rent to the landowner for the land. A land lease, also known as a ground lease, refers to an arrangement where a landowner grants another party the right to use a piece of land for a specified period,...
Days on market (DOM) in real estate refers to the number of days a property remains listed for sale before it is sold or taken off the market. This metric serves as a vital indicator of the market's health and the property's attractiveness to potential buyers. A shorter DOM typically suggests a strong demand for properties in that market, potentially resulting in quicker sales and competitive bidding...
Land surveyors play a crucial role in various aspects of land development, infrastructure projects, and property transactions. Here are some key reasons why they are important: Property Boundaries and Legal Certainty: Surveyors accurately measure and define property boundaries, ensuring that landowners know exactly where their property lines lie. This helps prevent boundary disputes and provides legal...
Owning a one-acre plot of land can hold various secrets depending on your goals and location. Here are a few possibilities: Self-Sustainability: One secret could be the potential for self-sustainability. With careful planning, you can grow your own fruits and vegetables, raise animals for meat or dairy, and even generate your own energy through solar panels or wind turbines. Investment Opportunity:...
Beacons play a crucial role in land allocation processes, particularly in surveying, establishing, and defining boundaries. Here's a detailed look at beacons importance: Boundary Definition: Beacons are physical markers placed at specific points to delineate the boundaries of a piece of land. These markers provide a clear visual indication of where one property ends and another begins, helping to...
Envision the possibilities that a prime plot would present. Whether crafting your dream home, erecting stylish apartments, or establishing a thriving business hub, the canvas is yours to paint. Hello buyer, have you known its strategic location? Accessibility to essential amenities and expanding neighbourhood? Is the plot promising not just a purchase, but an investment in a vibrant community? A...