Is it worth buying real estate if there is a casino nearby?

[Lavarda]

Good day to all! I am planning to buy real estate, but there is a rather popular casino located near this real estate. Do you think I should pay attention to this? I am waiting for your competent advice.

[Jamalun]

Well, it is a very reasonable approach to evaluate all the pros and cons of the infrastructure near your future property. I can say that you definitely need to study the data on Casino influence on property values (https://www.baltictimes.com/the_impact_of_casinos_on_local_real_estate_markets/), because it is very important. And in fact, the influence of the casino on the value of real estate is quite twofold, but in any case, the property that is located near the casino is much more expensive.