Investment Property in Beersheba

Investment Real Estate in Beersheba

Investment Property in Beersheba
Investment Property in Beersheba

Beersheba 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 Beersheba.

Search Map of Beersheba Investment Real Estate

Beersheba or Beer Sheva, officially Be’er-Sheva (Hebrew: בְּאֵר שֶׁבַע, romanized: Bəʾēr Ševaʿ, IPA: [ˈbe(ʔ)eʁ ˈʃeva(ʕ)] (listen); Arabic: بئر السبع, romanized: Biʾr as-Sabʿ, lit. ‘Well of the Oath or Well of the Seven’), is the largest city in the Negev desert of southern Israel. Often referred to as the “Capital of the Negev”, it is the centre of the fourth-most populous metropolitan area in Israel, the eighth-most populous Israeli city with a population of 209,687, and the second-largest city in area (after Jerusalem), with a total area of 117,500 dunams.

The Biblical site of Beersheba is Tel Be’er Sheva, lying some 4 km distant from the modern city, which was established at the start of the 20th century by the Ottoman Turks. The city was captured by the British-led Australian Light Horse in the Battle of Beersheba during World War I.

The population of the town was completely changed in 1948–49. Bir Seb’a (Arabic: بئر السبع), as it was then known, had been almost entirely Muslim and Christian, and was designated to be part of the Arab state in the 1947 United Nations Partition Plan for Palestine. Following the declaration of Israel’s independence, the Egyptian army amassed its forces in Beersheba as a strategic and logistical base. In October 1948 it was captured by the Israel Defense Forces, and the Arab population was expelled. Today, the population is almost exclusively Jewish, with a large portion of the population made up of the descendants of Sephardi Jews and Mizrahi Jews who immigrated from Arab countries after 1948, as well as smaller communities of Bene Israel and Cochin Jews from India. Second and third waves of immigration have taken place since 1990, bringing Russian-speaking Ashkenazi Jewish immigrants from the former Soviet Union, as well as Beta Israel immigrants from Ethiopia. The Soviet immigrants have made the game of chess a major sport in Beersheba, and it is now Israel’s national chess center, with more chess grandmasters per capita than any other city in the world.

Beersheba is home to Ben-Gurion University of the Negev. This city also serves as a center for Israel’s high-tech and developing technology industry.

The city has constructed over 250 roundabouts, earning its moniker as the “Roundabouts Capital of the Israel” and apparently the largest number in the world.

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The financial stability of Beersheba 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 Beersheba

 

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

 

Whatever your goals with investment property in Beershebaare – preparation is key:

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Beersheba and be prepared to change your initial outlook.
  • Thoroughly research the Beersheba location with a special emphasis on fringe areas outside the main Beersheba metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Beersheba.
  • Ensure that your target investment property in Beersheba 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.

Flipping Investment Property in Beersheba

Flipping property in Beersheba

 

Flipping property is when we advise clients to buy a Beersheba 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 Beersheba market has a time to react to the renovation.

 

The Flipping Strategy in Beersheba

 

Investment property flipping in Beersheba 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 Beersheba real estate investments are sometimes referred to by professionals as ‘distressed’ Beersheba real estate.

 

What is distressed Beersheba property:

 

  • Beersheba property in need of renovation
  • Beersheba real estate with a change of puropose and use
  • Oversold Beersheba property
  • Bank repossessions in Beersheba

 

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

 

Calculate profit that you make from Beersheba investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Beersheba 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 Beersheba use a minimum profit value of 22% when looking at potential Beersheba projects. The reason for this is because there are lots that can go wrong in Beersheba property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Property Secured Investments is a Private Equity fund that invests in Beersheba 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

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