Today’s market offers a unique opportunity for the best property investment in Lahore to purchase their first or next investment property.
But I warn you that not all properties are the best property investment in Lahore. It’s not just about picking a property and renting it, it’s certainly possible, but it’s not a very wise investment because not all properties are investment-worthy and offer reusable assets. Product.
The fact is, if you want to be a successful real estate investor, there’s more to it than strategy.
Instead, here are my top tips for choosing the right real estate investment.
Which house is a good investment?
A good best property investment in Lahore should be able to provide the investor with excellent returns in the future, not only in terms of capital growth but also in terms of rental income.
Therefore, it is important for an investor to be able to maximize the return on investment by choosing the right property for investment.
Here are 6 characteristics I look for in any investment (and real estate in particular):
Strong and stable capital growth
Stable cash flow
Liquidity – the ability to withdraw my money by selling or borrowing my investments
A hedge against inflation
Favorable tax benefits
Investment real estate versus investment grade real estate. What’s the difference?
Less than 4% of the property on the market is what I consider “investment grade”.
Of course, any object can become a real estate investment.
You can buy a house, move the owner out and put a tenant in it and it’s an investment property, but that doesn’t make it investment-worthy.
Take, for example, the new high-rise apartments.
It’s the kind of real estate that real estate marketers and developers sell en masse to gullible investors, especially those buying “off the plan.”
But while they are presented as an opportunity for investors, they are not investment grade because they are not attractive to owners, they are rare and there is no way to add value.
And if you look at all the fingers in the pie, including marketers, developers, ads, referrals, etc., you’ll notice that most new properties are extremely inflated.
There are so many investors sitting on this type of real estate that they will never see a return on their investment.
On the other hand, what I consider to be investment-grade properties that attract a wide range of wealthy owners, are in the right location, have street appeal, offer security, have the potential to add value through renovation and also have a large surface. – the power ratio.
Location is an integral part of purchasing a good investment property.
It will come as no surprise that that location can be responsible for up to 80% of your property’s increase in value.
So it’s clear that if you’re in the right position, you’re much more likely to get a higher return on your investment than if you’re in the wrong position.
By this I don’t just mean buying an investment in a suburb where there are many capital growth factors or where the street is attractive (eg quiet, well-maintained, green or with great views), but in a suburb that is ALSO a short walk to major lifestyle amenities such as cafes, shops, restaurants and parks.
Access to public transport has also become very valuable and will continue to be in the future as our population continues to grow, our roads become increasingly congested and people strive to reduce travel time.
Find the right type of house
Once you have chosen a location, you need to look for the right type of property for that location.
Because if you’re looking for an investment property, you should be looking for a home that both renters and potential buyers will be constantly asking about.
One thing to consider in your research is the suitability of the property for the average age of residents in the area.