A founding partner of Robax Investments, LLC, Axel Preuss-Kuhne is a real estate investment professional with 15 years of experience in the industry. A former managing partner in one of the most significant estate development companies in El Salvador, Axel Preuss-Kuhne was involved in the planning, supervision, financing, and sale of major real estate projects in San Salvador.
The presence of beautifully designed building structures improves a neighborhood’s aesthetics and value ascribed to surrounding properties. For instance, buildings in an area full of expensive-looking structures will attract higher value than those in other places devoid of such edifices. The proliferation of old structures in a neighborhood diminishes its beauty, and that is what the development divisions of real estate companies try to address.
The development division of a real estate company specializes in purchasing lots and old structures; they equally redevelop the land by gracing it with contemporary architectural structures. Doing this has several advantages. First, the area is put to better use and attracts higher value. Second, the neighborhood gets to enjoy better aesthetics, and the worth of surrounding properties escalates. Finally, the division's likely fair purchasing terms enables owners of lots and outdated buildings to invest in better properties with proceeds from the sale.