Transitional Requirements
A TRANSIT HOME does not fulfill the requirement of a dream sweet home. It caters only to your transitional requirements.
What does this really mean to the following target groups?
11.RETIRED PEOPLE -Retired people tend to shift to a small place leaving their big old houses. You are independent when living alone. Sometimes you sell your assets and distribute it among your children. When you do that you can keep some money to buy a TRANSIT HOME for a calm and quite life. It is easier for you to maintain a TRANSIT HOME with its front and back gardens.
What does this really mean to the following target groups?
- WORKING SINGLES -You are a working individual wholives alone. (Not with your parents). The available option for you is a boarding, annex or small rented house. But, due to the lower priceoption you cannow buy yourself a TRANSIT HOME.
- WORKING COUPLES - You are just married and both are working. Rather than stay in a rented house or annex you can buy a TRANSIT HOME by simply applying for a personnel loan due to its lower price. By this you not only save up on rent but also accumulate market appreciation for your house. After some years you can either build a bigger house orupgradeto a TERRACE HOUSE. By that time you can either sell your TRANSIT HOME at a higher price or rent it out.
- SCHOOL CHILDREN- National and international school children tend to stay in rented homes/apartments during the week for their studiesaccompanied by an adult. A TRANSIT HOME is a perfect solution, when it is located much closer to the school. Approximately 7-8 years rent is equivalent to the price of a TRANSIT HOME. When considering the property market appreciation, you can cater to your child’s 12 year school accommodation at basically no cost!!
- UNIVERSITY STUDENTS - University students stay on their own or with parents in rented small houses or Apartments. The TRANSIT HOME (2 bathroom version) can be used to accommodate 4 students on a sharing basis. Then they can use the living room as a study area and they have the dining area and kitchen separately. They can continue to use the TRANSIT HOME even after graduation as an accommodationduring their employment. While investing 3-4 million on their studies simultaneously it is worth to have a TRANSIT HOME which is 3-4 million in price and appreciates the market value by 4 years!!!
- WORKING & SCHOOLING FAMILY - You are a working family with one or 2 children who are schooling in Colombo. You have a home which is 20kms away from Colombo. (Eg.Panadura, Gampaha or Homagama). To minimize your traffic stress, transport costs and time on the road you can buy a TRANSIT HOME for your weekday requirements. This saves you a lot of time especiallyhow tired yourchildren become. You can buy a TRANSIT HOME and sell it when it is not needed or even rentit out.
- MEDICAL VISITS OF ELDERLY PARENTS - Many elderly parents tend to regularly visit Colombo and stay long periods (sometimes) for medical reasons. They stay in rented houses or at relative’s places. By owning a TRANSIT HOME you have better privacy and independence rather depending on relatives. Your own children canalso look after you better than when you stay in their homes Nursing care is very easy and cheaper with TRANSIT HOMES.
- BUSINESSMEN - Businessmen who live out of Colomboneed a place in Colombo for business requirements. You can invite people to visit your TRANSIT HOME rather than meeting them in a coffee shop or hotel lobby. You can refresh yourself when you are in Colombo with the facilities provided by a TRANIST HOME. It is better to select a TRANSIT HOME which is close to an expressway exit point which makes it even more convenient. You can buy the TRANSIT HOME with your pocket money and you can engage in your business activities better.
- PROFESSIONALS - Islandwide professionals such as doctors and lawyers can have a hideout in Colombo for their professional and personnel requirements. It is peanuts for you to buy a TRANSIT HOME today plus it will give you a better value tomorrow. You can use it for multiple purposes and for multi transitional requirements such as renting out, use as a Colombo house, meeting the needs of your parents, your children and the needs of your professional colleagues etc.
- RENT MARKET INVESTORS - Rent Market investors have an extra ordinary opportunity here. Normally, the rental income never helps to recover the property purchase cost. Rental income is only an ancillary income where the real income comes from capital gain. However, here it is not. When you rent out, you can recover the capital cost within6-8 years. After 8 years it is an income generator and freehold appreciated asset. You can rent out the TRANSIT HOME toall above mentioned type of people. There are 9 types which cover a large cross section of society. TRANSIT HOMES made in HOT rentable locations. Flagship Ventures (Pvt) Limited can help you in renting out your TRANSIT HOME.
11.RETIRED PEOPLE -Retired people tend to shift to a small place leaving their big old houses. You are independent when living alone. Sometimes you sell your assets and distribute it among your children. When you do that you can keep some money to buy a TRANSIT HOME for a calm and quite life. It is easier for you to maintain a TRANSIT HOME with its front and back gardens.
**** Without prejudice: The land market bubble was created by Property Market Investors and it burst in 2009. There may be an impending apartment bubble due to Property Market Investors. A worse apartment market crash was experienced in Dubai in 2011. Flagship believes, the bubble of TRANSIT HOMES is extremely far away. However, Property Market Investors must invest at their own risk since Flagship is keen to sell TRANSIT HOMES at a lesser price. Property Market Investors can engage in custom made projects with Flagship to minimize the risk and maximize the profit.