Investment Property in Cirebon

Investment Real Estate in Cirebon

Investment Property in Cirebon
Investment Property in Cirebon

Cirebon 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 Cirebon.

Search Map of Cirebon Investment Real Estate

Cirebon (Indonesian pronunciation: [t͡ʃirə’bɔn], formerly rendered Cheribon or Chirebon in English) is a port city on the northern coast of the Indonesian island of Java. It is the only coastal city of West Java, located about 40 km west of the provincial border with Central Java, approximately 297 km (185 mi) east of Jakarta, at 6°43′S 108°34′E / 6.717°S 108.567°E / -6.717; 108.567. It had a population of 296,389 at the 2010 census and 333,303 at the 2020 census.

The built-up area of Cirebon reaches out from the city and into the surrounding regency of the same name; the official metropolitan area encompasses this regency as well as the city, and covers an area of 1,107.65 km (427.67 sq mi), with a 2010 census population of 2,363,585; the 2020 census total was 2,603,924.

Straddling the border between West and Central Java, Cirebon’s history has been influenced by both Sundanese and Javanese culture as well as Arab and Chinese, and is the seat of a former Sultanate.

Get Our Latest List of Investment Property in Cirebon

The financial stability of Cirebon 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 Cirebon

 

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

 

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

 

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

Flipping property in Cirebon

 

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

 

The Flipping Strategy in Cirebon

 

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

 

What is distressed Cirebon property:

 

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

 

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

 

Calculate profit that you make from Cirebon investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Cirebon 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 Cirebon use a minimum profit value of 22% when looking at potential Cirebon projects. The reason for this is because there are lots that can go wrong in Cirebon 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 Cirebon 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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