Mixed Use Developments: benefiting consumers and investors
Mixed-use developments that integrate residences, hotels and commercial areas are redefining contemporary urbanism, providing convenience to consumers and attractive investment opportunities.
Creating sustainable communities
The mixed-use developments, which integrate hotel, residential and commercial components in the same project, are revolutionizing contemporary urbanism by transforming the urban landscape and offering significant advantages for both consumers and investors. These projects combine diverse uses within a single space, including homes, offices, shops, restaurants, parks and cultural spaces. This integration not only encourages social interaction, but also reduces the need for long commutes, revitalizing communities, improving quality of life and promoting environmental sustainability.
What are the advantages of mixed-use developments?
Advantages of mixed-use developments for the consumer
This method of integrating different spaces in a single location offers incomparable convenience, allowing residents to easily access shops, restaurants and services without the need for long trips, significantly reducing the time and stress associated with traffic.
These developments typically offer a range of high-quality services and amenities, such as gyms, spas and recreational areas, thus improving the quality of life for residents and visitors; In addition, the mix of uses creates active and safe communities which reduces crime and promotes social interaction.
Mixed-use developments also offer a variety of options to suit different needs and lifestyles, from modern apartments to luxury hotel accommodations, benefiting both young professionals and families and tourists.
Advantages of mixed-use developments for the investor
Mixed-use developments offer multiple advantages for investors, such as income diversification, since by integrating different types of properties (residential, commercial and hotel) they generate multiple income streams, reducing the financial risk associated with dependence on a single sector. Additionally, the diversity of uses makes these projects attractive to a wide range of tenants and buyers, ensuring a constant demand.
La property valuation It is also enhanced due to the creation of integrated and dynamic communities. The presence of high-quality services and amenities increases the value of residential and commercial properties, offering a safe and stable investment, since the mix of uses can stabilize income during different economic cycles.
On the other hand, the attraction of investments and financing stands out, since these projects usually attract the attention of institutional investors and credit facilitators due to their potential for profitability and long-term sustainability; In many cases, local governments offer tax incentives and subsidies to encourage the development of mixed-use projects that revitalize urban areas.
Profitability and future forecasts of mixed-use development
Recent studies confirm that these projects typically have higher occupancy and greater property value appreciation compared to traditional developments.
For example, a report JLL published in late 2023, found that office assets in mixed-use environments generate 24% more rents and have a 10.2% higher occupancy rate than the market average. Furthermore, the tourist residences in these developments demand 31% more rent and have 2.9% higher occupancy.
In countries such as Spain and the Dominican Republic, mixed-use developments are gaining popularity due to their ability to revitalize urban areas, improve the quality of life of residents, and offer stable financial returns by diversifying income sources. For example, the project Secret Garden in Los Corales, Punta Cana, integrates multiple uses such as a hotel, residential and commercial area, generating employment and promoting sustainable development in the region. These developments respond to growing demand and stand out for the economic benefits they bring, driving interest in both emerging markets and growing economies.
In the Dominican Republic, the CONFOTUR Law plays an essential role in the profitability and development of mixed-use projects. This legislation offers significant tax incentives, such as income tax exemptions, importation of equipment and materials, and reduced property tax rates. These benefits attract numerous investors, both foreign and domestic, to invest in tourism and mixed-use projects, including hotels and residential complexes. The CONFOTUR Law is key to promoting economically viable developments, positioning the country as an attractive destination for long-term investments.
EME Concepts: benchmark in mixed-use developments
If you are looking for a strategic partner to develop mixed-use projects in key locations such as Barcelona and Punta Cana, EME Concepts is the ideal architecture studio. With proven experience and a comprehensive approach, EME Concepts offers innovative and sustainable solutions that seamlessly combine hospitality, residential and commercial components.
For more information and to present your projects, contact us through our website at www.emeconcepts.com or send us an email to info@emeconcepts.com.
We want to be part of your urban development initiatives.
Website: www.emeconcepts.com
Email: info@emeconcepts.com
Phone: +34 654 98 73 69
Instagram: @eme_concepts
