The technology of successful investments.
Step 2. Selecting a property.
HOW TO CHOOSE SECONDARY REAL ESTATE OBJECTS?- ROI not less than 8%. To do this, look at the selling price of the apartment and the highest rental value of the apartment. Then subtract ownership taxes, management, and all expenses, and divide by the cost of the apartment. If we get a value above 8%, then this is the property for you.
- Uniqueness of the apartment. The property should stand out among similar ones with higher quality or a special concept. It should be a scarce offer in the market.
- Location of the apartment in the building. Good floor, pleasant view from the window, high ceilings, harmonious layout, and a favorable location on the floor.
- Full basic amenities. Pool, gym, SPA, children's room, concierge, security, parking. Interior. High-quality finish, furniture, and appliances from leading global manufacturers.
- For secondary real estate, developers do not play a significant role.
Now you understand the criteria for choosing.
So let's talk about the key point.Even if you have been offered a good off-plan property, it will yield the promised returns only if the market remains the same as at the time of purchase. But no one in the world can know the future and, moreover, guarantee that everything will be the same as it is now, even in a month.
Recent examples with Russia's war with Ukraine, Palestine's war with Israel, and the situation with the coronavirus all remind us that the future is unpredictable.
Therefore, we adhere to a safe investment strategy that will generate returns even in a crisis. This is ready class "C" real estate to which we provide a 9% guaranteed annual income in the contract. For 13 years, we have seen astronomical market growth, a deep crisis, and we are sure that this is the strategy that will make you money in any circumstances.
Let's consider the most negative scenario - that due to some global situations, the market in the Emirates went down, followed by a decrease in property prices. What do we have? All off-plan properties lose value, and you lose your money. Developers cannot complete their projects on time or cannot complete them at all. It's all just a risk. And if a crisis begins, the situation with the studios of our investors in class C will be completely different - we will earn even more.
For clarity, let's compare off-plan properties with our ready studios of class "C".Comparing off-plan, which grows by 30% in 2 years, and a ready studio apartment that yields 9% from rent and grows by 5% per year. The cost is the same - $200,000.