Any property that a municipality has designated for single family homes, apartments, co-operatives, townhouses,and any other place where people live and that derives most of its revenue from dwelling units.
Why invest in Residential property locations?
Residential property is- A building that is used or suitable for use as a dwelling, or is in the process of being constructed or adapted for use as a dwelling;
- Land that forms part of a garden or grounds of a building suitable for use as a dwelling. This includes any buildings or structures on such land; or
- An interest in or right over land that subsists for the benefit of any of the above.