A residential building – a large-scale property with a wide range of possible uses. This type of property brings several self-contained homes together in one building and is of interest to investors as much as to buyers looking for the chance to develop a scheme of their own. A residential building may be intended entirely for living in, or it may combine apartments with garages, parking spaces, storage and retail premises. The main advantage of residential buildings is that the individual units can be used in different ways. The apartments can be let, sold separately or lived in by the owner. Depending on the particular property, the building may have common parts, a yard, a lift, garages, parking spaces and additional premises that add to its functionality. When choosing a residential building, the location, the total and built-up area, the number and arrangement of the self-contained units, the condition of the building and the adjoining land all play an important part. A good location and a functional layout can make such a property suitable both for long-term management and for further development. A residential building is particularly interesting as an investment property, since it allows the outlay to be spread across several self-contained units. The scope for generating rental income or for selling the individual homes makes this type of ownership a promising choice for investors. Whether it is a newly built property, a completed and operating one, or a building with scope for renovation, a residential building offers flexibility and different possible uses according to the future owner's aims.