greenieS
Verified member
Investing in real estate is the most profitable, and identifying an opportunity in time can add significant value to your investment. In a dynamic urban environment, a neighborhood that did not seem to be a viable option can turn into a real opportunity.
In principle, long-term rental or hotel rental are the destinations given to apartments purchased for investment purposes. Regarding the hotel rental, the maximum potential is the central area, but for the other way of obtaining a constant income, the area of location expands and becomes more or less profitable depending on the neighborhood.
"Scan" the areas according to the following clues that could increase their potential:
Retail Investments:
If a large retailer intends to build a store in the area or announces projects for the construction of a mall, it will have an impact on both selling prices and rents.
Infrastructure investments:
if local authorities invest in modernizing the area, both in terms of connection to utilities and the network of roads, sidewalks, green spaces, playgrounds and recreation, etc. it will also be felt in the evolution of house prices in the area.
The emergence of a large employer in the area:
if a multinational builds an operational headquarters in the area, it will increase, implicitly, the growth for the residential segment, especially rents.
Average time to sell homes.
Talk to a real estate agent to find out when a property is for sale. If it is short, then the area already has a good potential that will mark a positive evolution in the next period.
In principle, long-term rental or hotel rental are the destinations given to apartments purchased for investment purposes. Regarding the hotel rental, the maximum potential is the central area, but for the other way of obtaining a constant income, the area of location expands and becomes more or less profitable depending on the neighborhood.
"Scan" the areas according to the following clues that could increase their potential:
Retail Investments:
If a large retailer intends to build a store in the area or announces projects for the construction of a mall, it will have an impact on both selling prices and rents.
Infrastructure investments:
if local authorities invest in modernizing the area, both in terms of connection to utilities and the network of roads, sidewalks, green spaces, playgrounds and recreation, etc. it will also be felt in the evolution of house prices in the area.
The emergence of a large employer in the area:
if a multinational builds an operational headquarters in the area, it will increase, implicitly, the growth for the residential segment, especially rents.
Average time to sell homes.
Talk to a real estate agent to find out when a property is for sale. If it is short, then the area already has a good potential that will mark a positive evolution in the next period.