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In the Fable series, you can buy Real Estate, such as homes and businesses, and gain income from them. Houses can be rented out, while businesses produce income from selling their wares. You can set the price for people to stay in the home, evict current residents, and add higher quality furniture to raise the value of the property. Most homes in Albion can be purchased and rented out, with the exeptions of some unique homes such as the Brightwood Tower, Bowerstone Castle and the Cemetery Mansion, which can't be rented out. However, you still have plenty of options for these homes.
Fable and Fable: The Lost Chapters Edit
In order to purchase a home or business, the hero must first evict the current residents by force. In the town of Bowerstone, where weapons are prohibited, you may still evict the residents by leading them from the area and killing them outside of town or having other enemies kill them (if you do not wish for the negative karma). Please note: Even though it is extremely hard to evict the residents of Bowerstone, it is possible.
Buying Property Edit
After the eviction of a resident, you may recieve a message about the recent availability of a property. On your map, you can now see a "For Sale" icon. Also, outside of the property is a sign, that if activated, will give you the option to buy it. By using the same sign, you may also put the property up for rental, and/or sell the property.
Property Costs Edit
Homes and businesses in different towns cost much more in some towns than others. The price of ownership in the earlier towns, Bowerstone South and Oakvale, is considerably less than the price in the towns you reach much later in the game: Knothole Glade, Bowerstone North, and Hook Coast. For example, the average home in Oakvale costs around 5,000 to 10,000 gold while the average in Bowerstone North costs around 80,000 to 90,000 gold.
If you choose to rent out your properties, rent will start appearing in the form of bags of gold next to the properties sign. Rent appears once every day that a tenant occupies the residence, but a maximum of only 3 bags of rent may appear for any given property at one given time. So make sure you collect your rent every three days because you will earn no more until you do.
Fable II Edit
Depending on the area in which you are buying real estate the prices change. For example, one of the cheapest places to purchase property is at the Gypsy Camp.
After setting a property to be 'For Rent', there is an default amount already set depending on the value of the home. To increase it, you can raise the percentage up to high (150%) or highest (200%) but this will make you corrupt, and villagers will start to dislike you. Another way is to purchase better furniture and redecorate the place, which can increase the rent immensely depending on what was already placed inside. You can also decorate the place with your trophies, like in Fable, to increase the homes value. You can also lower the percentage to low (50%) or lowest (0%-Free). This will have a continuous effect of increasing your purity.
You receive rent every five minutes of real time even when you are not playing. Players have complained though that they have not received the correct amount of gold after being gone a certain amount of time. The maximum rent recieved is 100 times the regular rent total and this will occur in a little less than two months of inactivity.
Owning a Store Edit
Stores are very expensive to purchase when you start the game, but are a good investment. Not only do you receive a percentage of the sales, but you can also take what money there is in the tills.
Fable III Edit
For the first time in the Fable series, a complete interactive map of Albion is now accessable through either the Main Chamber of the Sanctuary, the Bowerstone Resistance Headquarters, or the Map Room of Bowerstone Castle. The new interactive map system allows you to manage real estate directly from the map table without the need of visiting each individual property, shop or stall in person.
Hovering over a property will display its name, the owner of the property, the price of the estate (Best Offer) and the amount of rent paid out periodically in-game similar to the real estate system in Fable II. The condition of the house (in percentages - %) is now also displayed.
Whether or not a property is owned by the player and its current condition is displayed using flags and boards placed near the house/shop on the map. At first, all properties will appear to have a red board on the outside until it is bought by the player. After being bought, the red sign will be replaced by a standing flag which can appear either Blue (above 50% house condition) or Yellow (below 50% house condition).
Zooming in on a single estate will display a list of available options for the player to use (see below).
Buy Property Edit
Here two choices are available:
- Buy and Move In
Upon choosing this option, the property is bought by the player and the current tennant is evicted to allow them to move in.
- Buy and Rent Out
When this option is chosen, the property is bought but the tenant will remain and you can not move into the residence.
Evict Current Tenant Edit
This action will evict the current tenant of the property. From here you can choose to move into the house or you can choose to rent it out to another NPC.
This feature allows you to repair the property to a 100% of its condition. It is worth noting that only a single property can be repaired at one time in the Xbox version of the game. However, in the PC version of Fable III a Repair All feature is avaiable which will repair all of the properties in the current region.
Adjust Rent Edit
Here the rent of the property can be adjusted to a desired level. It ranges from Low (50%), Normal (100%), High (150%) and Highest (200%). The amount of rent the player charges their tennants influences how people feel and act towards the player when interacting or just walking past them. This is also causes good or bad points to be added to the hero's status accordingly.
- In order to be able to purchase houses, you must have first obtained the Landlord Pack or the Family Pack from the Road to Rule. Shops and stalls can also be purchased once you have opened the Entrepeneur Pack.
- Not all houses will be available for purchase at first, the player might need to complete certain quests and advance the Fable III storyline for them to be put up for sale.
- If a property has been left too long and the condition reaches 0%, the tenants will notify the player (information heading at the top of the screen) that they expect repairs to be made to their property. If this is refused or ignored the tenants will stop paying out any rent to the Hero.