Real estate in Fairfield County is one of the best investments anyone can make. Here’s what you need to know about buying vacant land in the Constitution State.
Why buy vacant land?
- It’s a hands-off type of investment – When buying vacant land, all you need to know is whether or not it is suitable for building. You won’t have to deal with construction and development – not unless that’s one of your immediate goals.
Vacant land is a low-maintenance vestment since you won’t have to deal with tenants, repairs, and renovations. The most you’ll have to do is trim the grass to keep it in a presentable state.
- Landowners are usually highly motivated to sell – The majority of landowners tend to be absentee owners, and since they don’t live on the land, they have little to no emotional investment in the property. The land doesn’t serve as their primary residence and they often don’t generate income off of it.
- Less competition – There’s less competition when it comes to purchasing land, since the majority of real estate investors are focused on existing real estate like multi-family properties and single-family homes. Because of this, you’re more likely to get a good deal.
Fairfield County CT real estate has much to offer investors in search of buildable land. Let Fairday Realty assist you as you make a once in a lifetime investment. Get in touch with us using the contact form on this page or call us directly at (888) 567-2134 to get started.