Learning 5 points for home buyers with the intention of doing business

Buying a home for a living is a great investment for a family.But buying a house, living and earning money is a popular context for Cambodians today.There are also some aspects that you must consider carefully when buying a home.If you want to buy a home for business and to earn a monthly income, you must first determine your goals and understand the features of the property.

Here are some key points you can consider when buying a shophouse:

1.Location

For shophouse, you should choose a location that is easy to find and easy to see. By the way, you need to see what kind of location it is near, such as schools, universities, pagodas, hospitals, markets, shops and other places as it can bring your customers from different institutions to your place easily.

Not only that, you also need to look at the location as a busy place. If it's busy, there may be advantages and disadvantages to your business. You have to choose the location of the intersection or the main road.But please remember that if there is too much traffic in your area, it may affect your business, but it also depends on your type of business.

2. the purpose of the business

Before deciding to buy a home, you need to ask yourself what kind of business do you want to do? As for selling goods or services?Is the home the place to meet clients or just for employees? How much space do you need and how many people work there?One more, you need to know your target customer well. After exploring this, you can consider what type of home is suitable for your business.

3.The type of shophouse

You need to see how your business needs shape, size, or space for your business. If your business has a well-known brand, you can choose the house that will be easy to decorate for attracting.But if the business is simple, you can choose a normal home. For space, you need to see if there is space for use, especially parking.

4.Price

You need to determine your budget to buy a home at any price and to match your business potential. At this point, you should study the price in the real estate market as well.

5.Finance

First, you need to know how much cash you have in hand, and how to choose financing. Should You Pay Off or installment?Do you have enough money to buy a house? If there is enough, should you pay it off to avoid losing interest or keeping some cash for business?If you choose to get a installment, you need to consider whether your income can be paid off and the rest of your business income. On the other hand, you should consider in the financial institution of your choice that if the shophouse is a house in borey, you should pay with the owner or pay with the bank.