ADVANTAGES OF OWNING A HOUSE IN AN ALLEY

Advantages of renting a whole house in District 2 in the alley

1. The house in the alley is popular because of its own advantages

Not everyone when buying a home is looking for a location on busy major roads. Many people prefer houses in alleys to reduce the sound generated by vehicles. In addition, the houses in the alley often have their own lifestyle culture, somewhat separate from the outside area. Therefore, families with young children and the elderly prefer to choose houses in the alley.

Finding a house in large alleys will not lose the convenience of daily life.

1.1. What to keep in mind when looking for a house in the alley?

When looking for a house in an alley, buyers or tenants need to pay attention to the characteristics that affect daily living in the house as well as the value of real estate ownership.

• Alley width: the alley should have a clear width for convenient traffic. It is best to find alleys that are enough for cars to move. In addition, the wide alley also helps to make the common living space more open.
• Alley length: dead-end alleys or roads leading to other alleys or to other major roads. Do not choose a house at the end of the alley, it will easily cause stuffiness and lack of vitality. The reason is that the air is not circulating in the dead end location.
• Lane road: many cases when buying a house do not pay attention to the road information. This not only affects the value of the house owned but also affects the living space. It is advisable to find out about the planning of the road through the information recorded in the red book or the local agency.
• The house should have a gate: the house in the alley should have a gate to ensure safety and privacy for personal life. For small alleys, the space inside the fence gate is also considered as the family's outdoor relaxation area.

1.2. Advantages of staying at home in the alley

Although home ownership in the alley is not appreciated by real estate investors, the houses in the alley also have their own advantages. Because many large alleys still have cool air, natural light and beautiful house design.

• Cheap purchase price: houses in alleys are often cheaper than houses on the street. Buyers can search for houses in the central area but located in the alleys, both convenient for living and reducing the cost of buying.
• Quiet: what many street houses do not meet is the quiet separation from the outside life. Many people need a peaceful living space to relax or focus on work from home. 

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Homes with beautiful designs and luxurious interiors still have a high value.

1.3. Can the house in the alley do business?

The house in the alley still has a convenient point for doing business. Small-scale home-based businesses to help maintain income can be implemented such as small grocery, garment, warehouse for online business, room rental,... Just the owner Home owners with business intentions and plans suitable to the space conditions of the house can do business as desired.

Houses in large alleys have the advantage of more space and are easier to open a business than alleys with narrow width. However, if you go around the small alleys in the city, it is easy to see small restaurants and business shops following each other, creating a busy shopping street. The great advantage of having a house in an alley is a stable and loyal source of customers. Those who are afraid to travel long distances to buy food or utensils just need to walk a short distance to find the place that sells the item they are looking for.

2. Is it possible to rent a whole house for sublease?

Although this form of business is not very popular, it is still an option that is planned by quite a few people. Buying ownership will involve long-term legal issues as well as comprehensive liability for the home owned. Meanwhile, renting a house will help ease the legal procedures. In order to carry out a business such as subletting, the tenant should also agree with the landlord to avoid a breach of the lease obligation.

When renting a house for sublease, you should also note the following:

• Finding a house should pay attention to the location: the location here is related to the convenience of moving. Tenants often come from other places, so they are looking for accommodation in areas near the center of the county/city.
• Interior inspection: should come see directly and carefully check the interior space. Any signs of damage should be recorded and reported to the landlord before renting.
• Owner: verify that the owner is the person who is renting the house, avoiding legal disputes that affect future rental activities.
• Tenant repair and redecoration agreements: many landlords will disagree when a tenant repairs their home. Therefore, prior agreement with the landlord is required.

Renting the whole house to sublet means that each month the business tenant receives an income and uses a portion of that income to pay the rental costs. To be able to increase income when doing rental business, business owners need to have a clear financial plan. In addition, the aesthetics of the house also affect the rental price. Therefore, renting a house for sublease is considered a business that needs passion and dedication because it is not easy to make a profit.

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Ho Chi Minh City has many residential areas that are sought after even in the alley location.

3. House for rent in District 2 has the advantage of location

District 2 is planned and built according to separate functions. New residential areas are conveniently located for traffic, living and business. The activity of renting houses in District 2 will become popular in the future thanks to many workers coming to work and live here. The houses for rent in q2 can be rented to live or do business when located on busy streets. Xuan Thuy, Nguyen Van Huong, Tran Nao, Luong Dinh Cua, ... are streets with many business establishments. The owners of the whole house in District 2 in these streets can rent it out for many different purposes. That way they will easily find tenants and stabilize their income.