With Macau becoming ever more a powerhouse of commerce, there is an increasing desire for companies and individuals to set up here. If you are looking for a Macau shop for sale, we at JML properties have plenty of retail spaces on our books and more come in each month.
Macau is famed for its gaming and casinos, but it’s more than that and over the years it has diversified considerably. Its tourist sector has also grown. Today’s Macau is even more cosmopolitan and vibrant than it used to be. This means that there is more demand for shops of every kind. If you are interested in a Macau shop for sale, you will find that there is an entire range of them and they suit every kind of budget.
Macau may be only 33 square miles in size but it has become a crucial player in the region. As part of what is known as the Greater Bay Area, it attracts many government incentives. It is also extremely well-connected. This ensures that it is easy to get everywhere – and similarly for everyone to come to Macau. Thanks to the Hong Kong-Zhuhai-Macau Bridge it is only just over half an hour to Hong Kong itself. The international airport is on the way. There are also connections to all other parts of the region.
In Macau itself it is also easy to get around thanks to a very efficient transit system and all the commercial areas are very easily reachable.
For all its modernity, Macau has its roots in a colonial past and is the only place in the world that combines Portuguese heritage with Chinese culture. This unusual combination acts as a powerful drawcard and attracts many visitors. There are heritage shops to be found in Macau and if you are looking for a unique Macau shop for sale, it is possible to find. It will come with many grace notes and is bound to draw exactly the right kind of attention – visitors to Macau are naturally attracted to shops such as these.
At the same time, there is a demand and supply of contemporary shops and offices that is equally bound to please. Some are the last word in sophistication and feature highly elegant designs with large layouts and state of the art technology. They are to be found in the commercial areas and will experience a high yield of visitors, many of whom will be from abroad.
Prime street shops are to be found in commercial districts and will be easily spotted by people passing by – there is of course a great deal of foot traffic in these areas. Such shops cater for those who have more money to spend, and you will find stores selling high quality goods of all kinds. Some shops will be bijou and showcase items in an original and sophisticated setting.
Units in shopping malls are also popular because there are always potential customers walking by. These shops will attract locals, holidaymakers and expatriates.
Other shops will serve neighborhoods that are primarily residential rather than commercial; here you will find convenience stores, a variety of cafes and restaurants, and the kind of store that provides daily necessities for those who live nearby.
If you are looking for a Macau shop for sale that is going to require less of an outlay, there are a range to be found that lie just outside or on the periphery of commercial areas. These shops will be a good compromise and are equally likely to be snapped up.
Shops are also to be found directly inside some hotels and it is possible to buy or rent them.
There are also good financial reasons for buying a Macau shop for sale. The government is keen to promote Macau and those who operate businesses here can take advantage of the Macau taxation system. This is of great benefit as taxes here are low and the majority of goods are free of import duties. Look out also for various government incentives which will bring added benefit.
Macau is going from strength to strength, and this trend is likely to continue as the entire region is a powerhouse. It therefore makes sense to look for a Macau shop for sale. As prices will rise, such a shop will bring profits if re-sold. Shops and offices in Macau can also be rented out as there is a large demand for both. Macau’s rental regulations are clear and simple, making life easy for both owner and tenant.
Feel free to contact us here at JML Properties, if you interested in the idea of a Macau shop for sale. We are experts in both residential and commercial properties in Macau and will be pleased to help you find the shop that is exactly right for you.