First: Stability

Even if minerals and soil are extracted from the real estate’s geographical location, the property’s value remains unaffected. It is apparent from the following:

• The property’s location is a significant factor in determining its value.
• Real estate markets are essentially local, and real estate experts must be familiar with the market in their area.
• Land can be managed, priced, and taxed.
• The value of real estate can be affected negatively or positively depending on the area in which the property is located.

Second: Durability and Sustainability

• Land cannot be destroyed or consumed; even if its appearance changes, it remains the same.

Because land is sustainable, it reflects the following effects on the real estate market:

• Real estate investment is relatively stable and long-term.
• In most cases, its value is difficult to reduce due to its non-consumption.
• Land does not need property insurance because it cannot be damaged.

Third: Variety and Uniqueness of Real Estate

Most of the time, no two properties are exactly alike. The elements, shape, size, soil, and minerals are different, so even if the two properties appear similar in every way, they will differ because of their various geographic location.