What is a horizontal house? Why is it worth buying and investing in 2024?

Whether buying for a living or starting to invest in real estate, one thing you need to know before making a decision is the nature of the property, which is divided into two main types: vertical and horizontal.

Previously, vertical real estate such as condominiums received a lot of attention. However, due to changing trends and many other factors, horizontal real estate or horizontal houses have overtaken and are gaining attention from buyers and investors. Let’s learn more about horizontal houses, along with reasons why horizontal houses are worth buying in 2024.

What is a horizontal house?

Single-story house is a type of residential property that is built on allocated land and has only one owner or owner of that land, such as single-family houses, semi-detached houses, townhouses, and townhomes. If we delve into the details, there are differences as follows:

1. Single house

Single houses are popular horizontal houses. They are located alone in a large area, with a fence around the edge and privacy. The size of the house varies depending on the size of the land and usable area. According to the Land Subdivision Act of 2000, single houses must be built on a plot of land of 50 square feet or more. The land must have a width of at least 10 meters facing the road and a depth of 20 meters.

2. Twin House

Twin house is two houses with similar features, with one side of the wall attached to the other. It is similar to a single house but has a smaller area. According to the law, it must be built on a land area of ​​35 square miles or more. Twin houses must have a width of at least 16 meters, divided into 8 meters on each side.

3. Townhouse

Townhouses are rows of houses or shophouses with similar designs, arranged next to each other, usually no more than 2 stories high, with a parking area and a garden in front of the house. By law, townhouses must be built on land no larger than 16 square feet and must be at least 4 meters wide and 16 meters deep.

4. Townhome

Townhomes are similar to townhouses, but they are upgraded to have a modern design, with more usable space. The house plan is similar to a single house, and most have 2-4 floors.

They are usually located in projects with common areas and complete facilities such as fitness centers, swimming pools, and shared common areas. Although they are called differently from townhouses, legally, townhomes are horizontal houses that are classified in the same category as townhouses.

TypeLand sizeWidth
Single houseNot less than 50 square wahWidth of land facing the road not less than 10 meters, depth 20 meters
casa adosadaNo menos de 35 metros cuadrados.El ancho del terreno no es menor de 16 metros, divididos en 8 metros de cada lado.
TownhouseNot more than 16 square wahs, width not less than4 meters, depth 16 meters
TownhomeNot more than 16 square wahWidth not less than 4 meters, depth 16 meters

Single-family homes: Why are they worth buying and investing in 2024?

Currently, horizontal houses are gaining more attention. One of the important factors affecting consumer behavior in choosing a home is working from home. Including the change in choosing a home, wanting a home with more usable space, able to be adjusted to suit usage, proportionate and private, including safety.

Single-family homes tick all the boxes. There are also many reasons why single-family homes, duplexes, townhouses, and townhomes are worth buying in 2024, as follows:

1. Become a property owner

If comparing between buying a horizontal house and a condo, legal ownership is different. If it is a horizontal house, such as a single house, a twin house, a townhouse, or a townhome, there will be a land title deed indicating ownership of the area including the buildings on that plot of land. However, buying a condo is different because we will not get a title deed like with a horizontal house. Instead, we will get a condominium ownership document or A.C.2.

2. Located in an eye-catching location

Currently, the demand for housing is moving to suburban or suburban areas to escape the hustle and bustle of urban society, and to benefit from the spread of comprehensive transportation networks.

Especially the new electric train line, which not only facilitates convenient and fast travel, but also brings about various developments, public utilities, facilities, workplaces, various lifestyle centers, department stores, community malls, and more, making single-family houses in suburban areas a prime location worth keeping an eye on.

3. Meet more living needs

The reason why many people choose to buy a single-story house is that they want a spacious and private living space. This is because, in the past, people have spent more time at home. Single-story houses are designed to accommodate more usable space.

It also benefits from having more usable space on multiple floors, making it easier to divide the space into different sections and providing more privacy compared to a condo.

4. The price is still affordable and worth investing in.

The price level of housing has not increased much. In addition, there is an acceleration of stock clearance and price promotions to attract buyers.

However, there is a tendency that prices will increase in line with land prices, including the increase in construction material prices, depending on the location and competition from entrepreneurs. Therefore, if you want to buy a house, whether for living or investing in the future, this period is considered a very suitable opportunity.

It can be seen that horizontal houses can be divided into many types, whether single houses, twin houses, townhouses, or townhomes. In 2024, all received attention from buyers for many reasons, especially because they meet the needs of affordable housing. And if you plan to invest in horizontal real estate in the future, you have the opportunity to receive increased returns from the upward trend of prices.

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