With devolution, rural areas ripe for real estate wealth

A couple on romantic holiday opens a door to a hotel room. [Getty Images]

Even with the changing economic environment, real estate is still one of the ventures that are touted to have the possibility of doubling or tripling one's investments while also providing them with a passive income, a much-needed revenue amidst inflation.

While major investors have the financial muscle to splash millions by putting up beachfront properties or a dozen floors or serviced apartments in the heart of the city, others in the minor league may not know how exactly to risk their money.