Apartment as an investment

About the possibility of additional passive income

 

The head of the sales department of the Academy of Sciences “Novopecherskie Lipki” – Natalia Pogrebnova reports.

 

“Now it is more productive to invest in real estate, which will not only be your property, but will also generate income right now.

 

Today there are many proposals for the sale of apartments and few liquid apartments for rent.

 

Now is a good time to buy an apartment with or without renovation, if a potential buyer has the opportunity to make repairs on his own.

This requires: a designer, a proven team of builders, time, understanding of the requirements of the rented real estate market.

 

With the right approach and advice from professional real estate experts, taking into account all market requirements, the average return on investment in an apartment for rent is no more than 10 years.

 

There are both great opportunities and certain risks in buying an apartment for rent.

 

The risks are more related to the fact that the buyer does not turn to professionals, but decides everything himself and relies only on his own experience or intuition. As a result, there is a chance to buy an apartment more expensive than the market price, or with an unsuccessful planning decision and repair, or make repairs that are not suitable for rent, and then rent out your property at a price lower than originally planned or not rent it out at all for a long time, and this is a loss.

 

Over time, real estate will become outdated, will not bring the income that was planned, and the sale of such an apartment will turn out at a price lower than what was bought due to illiquid obsolete repairs.

 

Unambiguously in such matters as investing in real estate, it is necessary to consult with experts, to be guided by what is relevant today, what trends, requests and requirements for a rented apartment.

 

And when buying an apartment without renovation for its subsequent lease, I recommend that you always seek advice, for example, in our Real Estate Agency “Novopecherskie Lipki”.

 

We will gladly give our recommendations on what requirements the tenant has in order for the apartment to be in demand, not to be idle, to be rented out quickly and at the maximum price.

We will buy with you the best real estate on the market, and if necessary, we will recommend designers, construction teams and give our recommendations.

Contact us! “