Investment Property in Castellón de la Plana

Invest in Real Estate in Castellón de la Plana

Investment Property in Castellón de la Plana
Investment Property in Castellón de la Plana

Castellón de la Plana 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 Castellón de la Plana .

Search Map of Castellón de la Plana Investment Real Estate

Castellón de la Plana (officially in Valencian: Castelló de la Plana), or simply Castellón (Valencian: Castelló) is the capital city of the province of Castellón, in the Valencian Community, Spain. It is located in the east of the Iberian Peninsula, on the Costa del Azahar (or Costa dels Tarongers) by the Mediterranean Sea. The mountain range known as Desert de les Palmes rises inland north of the town.

According to the 2018 census, Castellón has a population of 174,264 inhabitants (called castellonencs in Valencian), ranking as the fourth most populated city in the Valencian Community (after Valencia, Alicante and Elche). The Prime Meridian, or Greenwich Meridian, intersects the 40th parallel at Castellón de la Plana and is commemorated with a monolith in Meridian Park (Parc del Meridià) located at the exact point where this occurs.

The financial stability of Castellón de la Plana 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 Castellón de la Plana

 

Renting out your Castellón de la Plana buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Castellón de la Plana are – preparation is key.

 

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

Flipping Investment Property in Castellón de la Plana

Flipping property in Castellón de la Plana

 

Flipping property is when we advise clients to buy a Castellón de la Plana 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 Castellón de la Plana market has a time to react to the renovation.

 

The Flipping Strategy in Castellón de la Plana

 

Investment property flipping in Castellón de la Plana 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 Castellón de la Plana real estate investments are sometimes referred to by professionals as ‘distressed’ Castellón de la Plana real estate.

 

What is distressed Castellón de la Plana property:

 

  • Castellón de la Plana property in need of renovation
  • Castellón de la Plana real estate with a change of purpose and use
  • Oversold Castellón de la Plana property
  • Bank repossessions in Castellón de la Plana

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

 

Calculate profit that you make from Castellón de la Plana investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Castellón de la Plana 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 Castellón de la Plana use a minimum profit value of 22% when looking at potential Castellón de la Plana projects.

 

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

 

Invest through a Fund in Castellón de la Plana

 

Property Secured Investments is a Private Equity fund that invests in Castellón de la Plana 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 Castellón de la Plana

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

Compare listings

Compare