How Can Investors Qualify Estate Properties as Mansions?

Investing in real estate is an excellent way to generate income without lifting a finger. As property value can appreciate over time, it might be best to buy property in Dubai and invest in repairs or renovations for a higher sale rate.

However, even if more people are beginning to turn real estate investments into a source of income, some are still confused about property classifications. For example, how do you classify a property as a mansion? Here are some characteristics to observe in organizing properties such as mansions.

1. At Least 5,000 Square Feet

Property investors should understand that mansions should be at least 5,000 square feet. The critical factors in making a property a mansion is its size and interior design. Generally, 5,000 to 8,000 square feet is considered a mansion, with 8,000 to 10,000 square feet bordering the size of a mansion.

2. Consists at Least Five to Ten Bedrooms

The number of bedrooms should be at least five to ten in a property to be classified as a mansion. Furthermore, the property should have a servant wing or enough space for one.

3. Equipped with Large Entrances

Generally, a large entrance indicates the property is a mansion. The access to the property should have a spacious and elegant foyer, with a circular staircase or winding staircases leading to the upper floors.

Large entrances are a must for a property classified as a mansion. Most mansions are equipped with grand entrances fitted with rounded door frames and have staircases or elevators leading up to them.

4. Built with a Vast Garage

Garage-style underground parking is a must to classify property as a mansion. Moreover, the garage should be big enough to accommodate more than five to ten vehicles.

In addition to a spacious garage, the mansion should also have an attached garage. For this kind of garage, the property should not merely have a garage-style garage for storing vehicles but an attached garage for storing the homeowner’s cars.

5. Inclusion of a Pool

Pools are one of the elements that make a property a mansion. They add value to the property, making it more appealing to potential buyers. A collection is not only great for cooling off on a hot summer’s day, but it’s also an excellent place for entertaining guests during barbecues. A mansion's other essential features are jacuzzis, a sauna, or a gym. Not to mention, if a property is near the sea, it adds to its overall value.

6. Presence of an Exterior Balcony

A property with a balcony will be classified as a mansion. The exterior patio should be fitted with an elaborate balustrade and ornate columns. Doors leading outside the property with an exterior balcony should have glass inserts instead of solid wood or metal.

Conclusion

In conclusion, a mansion is more of classification for the type of home than a specific house. However, these characteristics should be observed so that the property can aptly be classified as a mansion.

The best way to determine if a property is a mansion is by its size, efficiency, and luxury. Mansions should also be equipped with the best of modern amenities such as a pool, a gym, and many bedrooms.

Although determining a property’s size and the number of bedrooms is simple, it’s best to consult with a professional property appraiser to determine how a property is classified as a mansion or not.

Dacha Real Estate is one of Dubai’s best property agencies. We offer real estate properties for sale and lease in the country, making it easier to invest in real estate. We also provide property management services to help investors take care of their possessions. Buy a property in Dubai today by working with us.