Investment Property in Bruges

Invest in Real Estate in Bruges

Investment Property in Bruges
Investment Property in Bruges

Bruges 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 Bruges .

Search Map of Bruges Investment Real Estate

Bruges ( BROOZH, Dutch: Brugge [ˈbrʏɣə] (listen)) is the capital and largest city of the province of West Flanders in the Flemish Region of Belgium, in the northwest of the country, and the sixth-largest city of the country by population.

The area of the whole city amounts to more than 13,840 hectares (138.4 km; 53.44 sq miles), including 1,075 hectares off the coast, at Zeebrugge (from Brugge aan zee, meaning ‘Bruges by the Sea’). The historic city centre is a prominent World Heritage Site of UNESCO. It is oval and about 430 hectares in size. The city’s total population is 117,073 (1 January 2008), of whom around 20,000 live in the city centre. The metropolitan area, including the outer commuter zone, covers an area of 616 km (238 sq mi) and had a total of 255,844 inhabitants as of 1 January 2008.

Along with a few other canal-based northern cities, such as Amsterdam and St Petersburg, it is sometimes referred to as the Venice of the North. Bruges has significant economic importance, thanks to its port, and was once one of the world’s chief commercial cities. Bruges is a major tourism destination within Belgium and is well known as the seat of the College of Europe, a university institute for European studies.

The financial stability of Bruges 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 Bruges

 

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

 

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

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Bruges and be prepared to change your initial outlook.
  • Thoroughly research the Bruges location with a special emphasis on fringe areas outside the main Bruges metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Bruges.
  • Ensure that your target investment property in Bruges 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 Bruges provides the secure knowledge that your money is working harder than it would in a local Bruges 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 Bruges, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Bruges property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Bruges

Flipping property in Bruges

 

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

 

The Flipping Strategy in Bruges

 

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

 

What is distressed Bruges property:

 

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

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

 

Calculate profit that you make from Bruges investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Bruges 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 Bruges use a minimum profit value of 22% when looking at potential Bruges projects.

 

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

 

Invest through a Fund in Bruges

 

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

For luxury property investors hoping to add a superb property in Bruges 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 Bruges, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Bruges should be entrusted to only the highest-quality agency.

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