Investment Property in Baia Mare

Invest in Real Estate in Baia Mare

Investment Property in Baia Mare
Investment Property in Baia Mare

Baia Mare property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Baia Mare .

Search Map of Baia Mare Investment Real Estate

Baia Mare ( BAH-yə MAR, Romanian: [ˈbaja ˈmare] (listen); Hungarian: Nagybánya; German: Frauenbach or Groß-Neustadt; Latin: Rivulus Dominarum) is a municipality along the Săsar River, in northwestern Romania; it is the capital of Maramureș County. The city lies in the region of Maramureș, a subregion of Transylvania. It is situated about 600 kilometres (373 miles) from Bucharest, 70 km (43 mi) from the border with Hungary, and 50 km (31 mi) from the border with Ukraine.

Located south of Igniș and Gutâi Mountains, Baia Mare had a population of 123,738 at the 2011 census, and a metropolitan area home to 230,932 residents. The city administers four villages: Blidari (Kőbánya), Firiza (Felsőfernezely), Valea Borcutului (Borpatak) and Valea Neagră (Feketepatak). Baia Mare has been named the Romanian Youth Capital from 2 May 2018 to 1 May 2019.

The financial stability of Baia Mare has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Baia Mare

 

Renting out your Baia Mare buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Baia Mare are – preparation is key.

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Baia Mare and be prepared to change your initial outlook.
  • Thoroughly research the Baia Mare location with a special emphasis on fringe areas outside the main Baia Mare metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Baia Mare.
  • Ensure that your target investment property in Baia Mare appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

 

With our expert guidance, investing in Baia Mare provides the secure knowledge that your money is working harder than it would in a local Baia Mare bank and that future generations of your family will be left with substantial capital growth assets.

 

We are always happy to advise on buying investment property in Baia Mare, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Baia Mare property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Baia Mare

Flipping property in Baia Mare

 

Flipping property is when we advise clients to buy a Baia Mare property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Baia Mare market has a time to react to the renovation.

 

The Flipping Strategy in Baia Mare

 

Investment property flipping in Baia Mare is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Baia Mare real estate investments are sometimes referred to by professionals as ‘distressed’ Baia Mare real estate.

 

What is distressed Baia Mare property:

 

  • Baia Mare property in need of renovation
  • Baia Mare real estate with a change of purpose and use
  • Oversold Baia Mare property
  • Bank repossessions in Baia Mare

Put simply, long term investors in Baia Mare purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Baia Mare investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Baia Mare property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Baia Mare use a minimum profit value of 22% when looking at potential Baia Mare projects.

 

The reason for this is because there are lots that can go wrong in Baia Mare property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Invest through a Fund in Baia Mare

 

Property Secured Investments is a Private Equity fund that invests in Baia Mare and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

Luxury Property in Baia Mare

For luxury property investors hoping to add a superb property in Baia Mare to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

 

A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Baia Mare, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Baia Mare should be entrusted to only the highest-quality agency.

Compare listings

Compare