April 14, 2024

Business Bib

Business & Finance Blog

Are you looking forward to invest in a real estate investment planning? You have made the right choice so far

2 min read

You have finally decided to start a real estate project? Investing in new or old requires asking the right questions to put the odds on your side to make your real estate purchase without hindrance such as objectives, budget, location, choice of area etc. For a quality investment, you should also take Experience Invest reviews in account.

Define the purpose of your investment

Depending on the purpose of your investment, the choice of housing may vary. Indeed, the small surfaces will constitute a better yield for the purchasers wishing to put their property to the hiring. On the other hand, larger areas that are more for rental families offer you a good compromise in the risk/return equation. Whether your investment objective is on potential tax exemption, wealth transfer, retirement planning or future resale, the goal is not to invest at a loss.

The location, golden rule to respect when choosing accommodation

At the time of your research, it is important to put yourself in the shoes of your future tenants. Thus, localization is a criterion of essential and strategic attractiveness in the choice of housing. In addition, investing in stone also means that your property can be a stable and reliable income supplement for you.

Invest in new or old

You hesitate between an investment in the new or in the old? Depending on your budget, you will have to adapt to the market and the building stock. The new is generally 20 to 30% more expensive than the old, while the old often requires refreshing work or even total renovation before rental. Your budget and your personal contribution of origin will impact the surface, the location and the quality of your real estate.

Prospects for resale of your property

When investing, it is important to keep abreast of developments and fluctuations in the real estate market, as well as rates offered by banks for your loan. However, be aware that mechanically, a long-term investment will offer you a higher rate of return than the short or medium term. Because the purchase of real estate is a real investment for the future, get advice before considering a resale in the short term. Are you on a first real estate purchase project? Whatever your budget, professional advisors are at your disposal and accompany you on your real estate investment project.