GET A CALL BACK

Want us to help you with anything?
Request a Call back

This field is required Only alphabetes are allowed
This field is required Only alphabetes are allowed
Please enter valid number
Please enter valid email
Please select product type
Please enter valid pincode

Thank you for your request.

Your reference number is CRM

Our executive will contact you shortly

THE
ORANGE
HUB

Blog
2 mins Read | 5 Years Ago

Why Urban Buyers are eyeing Weekend Homes for Investment

Why Urban Buyers are eyeing Weekend Homes for Investment

 

City life can get overwhelming and right when you want to escape the hustle, nothing is more alluring than a weekend home. Usually located in a hilly area, or greener locales outside the city, a weekend home provides a haven of comfort for those who want to get away for a little while.

Urban homeowners start browsing weekend homes, both as a luxe indulgence and for the investment benefits it offers. It can be a great place to unwind with friends and family and a fantastic alternative for children, mostly used to the ways of the city.

Investment benefits of a weekend home:

  • Renting out your weekend home as a Bed and Breakfast: Flexible work-life and work from home schedules mean that a lot of people are escaping the city to work in quiet tranquil locations. Your weekend home can be their chosen workation destination.

  • Retirement Homes: This weekend home can easily take on the role of your retirement home, once you’re ready to launch into the second-innings of your life. Now, you can put your city house up for rent, while you enjoy the quiet and peaceful trenches of a weekend home.

  • Investing for the resale value: Investing in a weekend home, in an area that promises long term development, gives you the scope to earn for an extended period, through the resale of the same property.

Buying a weekend home has its advantages for sure, but you must evaluate your finances before making your decision. From loan eligibility to calculating your EMIs, there are a few factors to consider before you begin. To learn more about owning a second home, or to browse the approved projects, visit the ICICI Bank website, today.

City life can get overwhelming and right when you want to escape the hustle, nothing is more alluring than a weekend home. Usually located in a hilly area, or greener locales outside the city, a weekend home provides a haven of comfort for those who want to get away for a little while.

Urban homeowners start browsing weekend homes, both as a luxe indulgence and for the investment benefits it offers. It can be a great place to unwind with friends and family and a fantastic alternative for children, mostly used to the ways of the city.

Investment benefits of a weekend home:

  • Renting out your weekend home as a Bed and Breakfast: Flexible work-life and work from home schedules mean that a lot of people are escaping the city to work in quiet tranquil locations. Your weekend home can be their chosen workation destination.

  • Retirement Homes: This weekend home can easily take on the role of your retirement home, once you’re ready to launch into the second-innings of your life. Now, you can put your city house up for rent, while you enjoy the quiet and peaceful trenches of a weekend home.

  • Investing for the resale value: Investing in a weekend home, in an area that promises long term development, gives you the scope to earn for an extended period, through the resale of the same property.

Buying a weekend home has its advantages for sure, but you must evaluate your finances before making your decision. From loan eligibility to calculating your EMIs, there are a few factors to consider before you begin. To learn more about owning a second home, or to browse the approved projects, visit the ICICI Bank website, today.

( images displayed are only for representation purposes only. )

People who read this also read

View All

Recommended

View All
Blog
2 mins Read | 1 Year Ago
What is Money Saver Home Loan Scheme - ICICI Bank
Home Loan
628

Scroll to top

arrow