Real Estate Investing in Former Radar Stations
Picture being the owner of an important object which was once an essential element of one’s country’s defense during the Cold War. Other radar stations, which used to be dense with working and energy, are leftovers now, expecting to be enliven again. These kinds of properties are an intriguing opportunity for the experienced investor because they allow to get a piece of this very specific and rather appealing market slice.
Such structures are usually located in rather deserted places and they provide quite stunning views. There is nothing better than imagining the vacation, a dream place, some space located in the state of nature, away from all the noise and crowds. The barren and quite industrial appearance of the landscape provides for some alien looking locations that we all love, if quite unconventional.
However, there is not only aesthetics: the buildings that once housed radar stations have other benefits as well. The building form comprises structures that can be network and power systems used for new purposes. It may be fascinating to transform the station into a data center while using the security measures and connectivity.
In addition, these properties are usually established in large grounds that can be further used for development purposes. Imagine a community where the homes and all the power resources are environmental-friendly and renewable. All is achievable here as far as you want it and as far as your imagination goes.
Like many other ‘brownfield’ projects, acquiring former radar stations is not without its concerns. There is issues like asbestos and lead paint that needs to be managed to be in harmony with the environment. Further, the procedures may involve the consideration of the zoning and the land-use laws. However, those who are ready to face the challenge, they are assured of getting good profits.
While the globalisation continues to deepen, individuals’ desire for isolation and places that are different, separate from the rest of the world rises. Old radar stations are an opportunity to own history, to transform these structures into something that would be useful in today’s world. It is suggested for the brave investor as the perspectives of gaining beneficial profits cannot be explained.