What are the advantages of investing in peripheral areas?

Peripheral areas are further from the core city than the suburbs. They form the fringes
of suburban areas and are chosen by buyers because they are cheaper than city
centres and even suburbs.
You can get bigger spaces at affordable prices with modern facilities which are not
available in age old properties within city limits. Rate of return on investment is more
in peripheral areas, depending on the location. You also get more greenery and
open space in the peripheral areas.