RIGA, LATVIA, July 08, 2022 (GLOBE NEWSWIRE) — Gennaro Lanza, CEO of Karma Developers and Real Estates
“The internal market for good or bad has resisted, increasing the prices of rents or sales, and this has allowed the entire sector to stay afloat, as often happens,” comments Gennaro Lanza.
The rental formula has become a constant in the last two decades, supplanting the purchase of properties limited to sections of society with the highest income. If at the end of the previous millennium the British who rented houses were 1 in 10, twenty years later they are about 1 in 3.
Furthermore, the adverse conjuncture of the exit from the European Union coincided with the beginning of the pandemic, causing an increase in inflation. Nonetheless, the central government has tried to maintain stability compared to the rest of Europe.
“Larger, better organized, more beautiful spaces, which include green areas and gardens, are fundamental, and these have become the main demands of our clients,” explains the CEO of Karma Developers and Real Estates.
Also, the company has decided to focus its efforts on investing in multi-family housing units in emerging markets. Among the services provided by Karma Developers and Real Estates is the purchase and management of properties on behalf of private investors, both families and institutional partners, through a team of experts. One of the stated objectives of the corporate strategy is based on creating communities: through rebranding, revitalizing, and improving buildings, the dynamics of the community are improved.
“Multi-family businesses have acquired a new value. During the pandemic, they have been converted into spaces for aggregation. The minimum exchange with the neighborhood has allowed for sociality and collaboration, which, to date, has led to a positive revaluation and an in the crease in demand”, explains Gennaro Lanza.
It is a booming sector within the real estate market, which should be kept an eye on for long-term, safe, and reliable asset investments. For further information and acquisition, intending investors must visit the official website.
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