Looking for cheap properties? Here is a lesser explored option

Looking for cheap properties? Here is a lesser explored option

Looking for cheap properties? Here is a lesser explored option

One might think that living beside or on a graveyard could be really frightening. However, it might be actually be beneficial for you. Here is what you need to know if are considering purchasing such a property.

Listed below are a few things you might want to keep in mind before buying such a property

• Due to the decomposition, the leachate could ruin the water table

• If the property is an individual house then forget about rebuilding the house. You might not be allowed to dig the site

• If you are living in an urban jungle, the cemetery might be a blessing! You will not be able to find a quiet and serene environment elsewhere

• Because your house overlooks a graveyard, you are likely to own a property that has a generous living space and fits well within your budget

• If your property over looks an active cemetery ensure you have a green path segregating it

• According to the principals of Feng Shui- a cemetery is a big no no. The strong and dark energy from the graveyard could lower your energies in due course of time and individuals residing there might feel oppressed

• The cemetery could have debilitating effects on home owners’ mood and could likely cause depression

• Graveyards where cremations take place have a more neutral environment when compared to cemeteries. So residing close to the former could be ideal.

While the concept of ‘quite neighbors’ might lure you, some wouldn’t want to reside close to or on a graveyard as it might sound spooky. However, such properties are always priced lower thus making this an investment that is quite fruitful. If you are planning to sell a house that overlooks a cemetery, because you bought it at a discounted price, it wouldn’t be difficult to sell it at a lower price and if the neighborhood is witnessing rapid development- the property is likely to witness a price rise as well.

Happy Investing

Source:Moneycontrol.com