Is buying and selling lots near beaches a good investment?

[uptrendfinancialsignal]

Yes, I think it's profitable. We dont have a sea here in our city, if I had I would have bought some land on the beach for some small business.

It's a very good business idea since idea if you have all the capitals to establish it.

 

[Springtime]

In my location, lots near beaches are extremely expensive. Only very rich people can afford to make this kind of investment. These investors usually build resort houses near the beach. They are making huge money.

 

[Starmix]

Yes, I think it's profitable. We dont have a sea here in our city, if I had I would have bought some land on the beach for some small business.

You can surely do it in the near future and that property always depreciates. You can hire someone to take care of your beach property. You can build cottages for rent. It is a very good business.