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.
Prime residential property assets
De Scheg, in Noorder Legmeerpolder, is the latest district of Amstelveen to be expanded. Its gross area is about 45 hectares, and it is located south of Westwijk between Legmeerdijk and Bovenkerkerweg. The name Scheg (skeg, part of a boat keel) comes from the shape of the region, whose southern border is formed by a Schiphol flight route (and also an aircraft noise contour) that runs diagonally through the polder.
The Aziëweg project is located in Schalkwijk, near the shopping centre, the R-net and the green outskirts of Haarlem. The planning area covers approximately 48,500 m2, of which approximately half is being developed as a public park. There are plans to build five apartment blocks at this location. Stichting Sint Jacob has already built 96 assisted living apartments (see photo). HSB Volendam is beginning construction of two blocks in 2016 (54 rental and 68 owner-occupied apartments, www.twister.nl). The land for the last two blocks is now available for public sale.