Investment Property in Elche

Invest in Real Estate in Elche

Investment Property in Elche
Investment Property in Elche

Elche 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 Elche .

Search Map of Elche Investment Real Estate

Elche (Valencian: Elx) is a city and municipality of Spain, belonging to the province of Alicante, in the Valencian Community. According to 2014 data, Elche has a population of 228,647 inhabitants, making it the third most populated municipality in the region (after Valencia and Alicante) and the 20th largest Spanish municipality. It is part of the comarca of Baix Vinalopó.

Part of the municipality is coastal yet the city proper is roughly 15 km (9 mi) away from the Mediterranean Sea. A small creek called Vinalopó flows through the city. Elche is the centre of the footwear industry in Spain. The main airport of the province of Alicante (Alicante–Elche Miguel Hernández Airport) is located inside Elche’s municipality, and it serves both Elche and Alicante, being the fifth-busiest airport in Spain.

Together with Alicante and other municipalities, Elche form a conurbation of some 800,000 inhabitants. The city is noted by its urban Palm Grove, designated as World Heritage Site.

The financial stability of Elche 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 Elche

 

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

 

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

 

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

Flipping Investment Property in Elche

Flipping property in Elche

 

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

 

The Flipping Strategy in Elche

 

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

 

What is distressed Elche property:

 

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

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

 

Calculate profit that you make from Elche investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Elche

 

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

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

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