Fun real estate facts

There are loads of different facts about the Real Estate and Property Industry everywhere! Ranging from historical to modern day, the industry is brimming with interesting facts. Further solidifying why it’s one of the funniest industries to be involved in.

Secret apartment at the top of the Eiffel Tower

Gustave Eiffel originally built this apartment with the purpose of being a private office for himself. Batting off numerous offers over the years from the Paris elite, he kept the apartment under wraps with only a select few being allowed entry - Thomas Edison for one! Nowaways, the apartment has been restored to show what it would have been like while under Gustave’s use as a tourist attraction and sees millions of visitors each year.

72 inches long - smallest house in the UK

The Quayside Cottage is located in Conwy, Wales and was originally built in the 19th century as a fisherman’s workshop and later passed on to a local shoemaker and his family. It was fully functional! Now Quayside Cottage is a tourist attraction for the public to see how resourceful the previous occupants would have been with the tiny size!

McDonalds was founded as a real estate company, not burgers!

If you’ve seen the film ‘The Founder’, you’ll know that McDonalds focused on buying land and leasing it out as a franchise - taking precedent over the restaurant side. To this day, they’re still heavily focused on this, as popular as the Big Mac might be!

90% of the millionaires in the world is thanks to property

As we know, real estate is often considered as being a fairly stable and reliable investment so it’s no surprise that these millionaires have chosen property to build their empire!

A red door signifies being mortgage free

In olden times, Scottish homeowners would paint their front door red to show that they had paid of their mortgage and were debt-free! This looks to date back to days where most lived in homes where red ochre and animal fat was used to seal the wood on the door but became the signal of financial freedom. It’s not nearly as common as it once was but now you know what it means if you see a red door while in Scotland.