The term "property for investment purposes" refers to a property that is purchased with the intention of generating income or capital appreciation. This type of property is typically bought as an asset, rather than being used as a primary residence, and may be rented out to tenants or held as a source of passive income through means such as renting or leasing it. The investor hopes that over time the value of the property will increase, allowing them to sell it for a profit. Investment properties can include residential homes, commercial buildings, and vacation rental properties, among others.