Invest in Real Estate in Drammen
Drammen 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 Drammen .
Search Map of Drammen Investment Real Estate
Drammen (Norwegian pronunciation: [dɾàmːən]) is a city and municipality in Viken, Norway. The port and river city of Drammen is centrally located in the south-eastern and most populated part of Norway. Drammen municipality also includes smaller towns and villages such as Konnerud, Svelvik, Mjøndalen and Skoger.
The financial stability of Drammen 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 Drammen
Renting out your Drammen buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Drammen are – preparation is key.
With our expert guidance, investing in Drammen provides the secure knowledge that your money is working harder than it would in a local Drammen 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 Drammen, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Drammen property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.
Flipping Investment Property in Drammen
Flipping property in Drammen
Flipping property is when we advise clients to buy a Drammen 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 Drammen market has a time to react to the renovation.
The Flipping Strategy in Drammen
Investment property flipping in Drammen 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 Drammen real estate investments are sometimes referred to by professionals as ‘distressed’ Drammen real estate.
What is distressed Drammen property:
- Drammen property in need of renovation
- Drammen real estate with a change of purpose and use
- Oversold Drammen property
- Bank repossessions in Drammen
Put simply, long term investors in Drammen purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Drammen investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Drammen property purchase price: $220,000
Renovation costs: $20,000
Other costs: $25,000
Property sale price: $400,000
Experienced property developers in Drammen use a minimum profit value of 22% when looking at potential Drammen projects.
The reason for this is because there are lots that can go wrong in Drammen property flipping and working on a potential margin of 22% should still leave a good margin of error.
Invest through a Fund in Drammen
Property Secured Investments is a Private Equity fund that invests in Drammen 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 Drammen
For luxury property investors hoping to add a superb property in Drammen 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 Drammen, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Drammen should be entrusted to only the highest-quality agency.