When choosing to buy a property as an investment, there are various factors to consider. To ensure that the property holds high value and promises desirable returns, one of the key aspects is to focus on an area where people actively live, work, and engage in daily activities. It can be a significant driver of a property's long-term potential and overall value. Among the many factors that contribute to the attractiveness of a location, proximity to educational institutions, such as schools, has emerged as a noteworthy consideration for investors. In this article, we will delve into the compelling reasons that make real estate near schools a worthwhile consideration for property investment.
Properties located close to schools have an advantage due to the consistent demand from families and individuals seeking convenience and accessibility to educational facilities. Families with school-going children often prioritise living within a reasonable distance of schools to save time on daily commutes and ensure easy access to quality education. In addition to catering to families with children, properties located near schools also hold great appeal for teachers and staff working at these educational institutions. Teachers and staff members often seek accommodation close to their workplace to minimise their daily commute and enjoy the convenience of living within walking distance or a short commute from the school. As a result, properties in these areas can attract potential tenants from the school staff and rental demand.
Schools are essential community institutions, and the presence of educational facilities in a neighbourhood often contributes to a sense of safety. The regular presence of parents and school staff, as well as the additional security measures around schools, can positively impact the overall safety and security of the area. Homebuyers and tenants, especially families with children, often prioritise safety as a crucial factor when choosing a place to live. The reputation of the school and the positive impact it has on the area's safety can significantly increase the desirability of properties nearby. Real estate is strongly influenced by location. If the location is safe, it brings appeal to the appreciation price of the property. Areas surrounding reputable schools often experience higher property value growth than other locations.
Easy Access To Amenities
Schools are usually located in neighbourhoods that offer various amenities. A variety of eateries, cafes, and restaurants nearby ensure that students and staff have access to choices for their lunch breaks or after-school gatherings. Additionally, having entertainment options in the area provides children with recreational activities to enjoy during their leisure time, such as parks, playgrounds, and recreational centres. Proximity to these amenities adds further appeal to properties in the area, making it an attractive prospect for homebuyers and tenants alike.
Where Are Schools Located in Phnom Penh?
Phnom Penh boasts a diverse range of educational institutions, catering to students of all ages in many areas. From preschools to universities, there are numerous options available for parents and learners alike. When choosing a school in Phnom Penh, it is crucial to consider its background and reputation. Reputable schools often have experienced faculty and better facilities which appeals to parents and students. As for the locations of schools in Phnom Penh, they can be found throughout the city. Notable areas with a concentration of schools include BKK (Boeung Keng Kang), Koh Pich (Diamond Island), Dauh Penh, and Toul Kork. To find a complete list of schools in Phnom Penh, click here.
In conclusion, choosing to invest in properties near schools is a proposition that may attract both homebuyers and real estate investors. The benefits of such a good location include demand from families and school staff, safety and security, along convenient access to a variety of amenities in the surrounding neighbourhoods. Moreover, properties located in areas with schools and other institutions have the potential for significant appreciation in property value, as they are sought-after in the real estate market.
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