Commercial property refers to real estate used for business purposes such as offices, shops, warehouses, or factories, while residential property is designed for people to live in, like houses, apartments, or townhouses. The main difference lies in usage and income potential. Commercial properties are typically leased to businesses and can generate higher rental returns, but they may also come with higher risks, longer vacancy periods, and larger upfront investments. Residential properties are often easier to manage, attract steady demand, and are influenced by factors like location and lifestyle appeal. Choosing between them depends on your investment goals, budget, and risk tolerance, as each offers unique opportunities and challenges in the real estate market.
