Mixed-use developments combine multiple types of spaces within one development, typically blending residential, commercial, and office areas.
Vertical mixed-use developments combine different uses of space stacked on top of each other in a multi-story building. Retail spaces might be on the ground floor, office spaces on the second and third floors, and residential units above.
Horizontal mixed-use developments are spread out over a larger area, typically in a low-rise configuration, often where a shopping mall is adjacent to residential houses, or an office park with restaurants and cafes nearby.
Live/Work developments are where people can live and work in the same building, often ideal for individuals with small businesses, artists, or entrepreneurs who prefer a short commute.
Retail-centric mixed-use developments are a mix of residential and office space, that can be shopping malls with residential units or offices located on upper floors, or mixed-use developments with a strong emphasis on entertainment and dining.
Commercial and residential integration aims to create effective work-life balance in a single location, allowing for a flexible living environment, and are often found in urban or suburban areas.
Mixed-use developments can take many forms, depending on the location, goals, and needs of the community, but they all share the common goal of creating dynamic spaces that foster interaction, reduce the reliance on cars, and enhance the quality of life for residents and visitors alike.
Why Buy or Invest in New Real Estate Developments in Suriname.
Suriname has been experiencing economic growth, largely driven by its natural resources (gold, oil, and bauxite). As the economy expands, the demand for residential, commercial, and mixed use industrial properties increases, which could lead to appreciation in real estate values.
Suriname is in a strategic position in the Caribbean region, bordering Brazil, French Guiana, and the Atlantic Ocean. Its location provides access to regional trade and tourism opportunities, making it an attractive spot for business and residential investments.
Tourism is becoming a key sector in Suriname's economy, and the government is actively promoting it. Real estate developments, such as gated communities and resorts are catering to the tourism market—hotels, resorts, and vacation homes—could see an increase in demand as the country gains popularity as a tourist destination.
The Surinamese government is making efforts to attract foreign investment, including in real estate. These initiatives may include subsidies, grants, or programs designed to help with construction, land purchasing and development, which could reduce costs for investors.
Suriname offers a favorable tax environment for both residents and non-residents. With relatively low property taxes, incentives for development, and investment, it can be an attractive option for those looking to minimize tax burdens.
