Investment Property in Gelsenkirchen

Invest in Real Estate in Gelsenkirchen

Investment Property in Gelsenkirchen
Investment Property in Gelsenkirchen

Gelsenkirchen 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 Gelsenkirchen .

Search Map of Gelsenkirchen Investment Real Estate

Gelsenkirchen (, US: /ˌɡɛlzənˈkɪərxən/, German: [ˌɡɛlzn̩ˈkɪʁçn̩] (listen); Westphalian: Gelsenkiärken) is the 25th most populous city of Germany and the 11th most populous in the state of North Rhine-Westphalia with 262,528 (2016) inhabitants. On the Emscher River (a tributary of the Rhine), it lies at the centre of the Ruhr, the largest urban area of Germany, of which it is the fifth largest city after Dortmund, Essen, Duisburg and Bochum. The Ruhr is located in the Rhine-Ruhr Metropolitan Region, one of Europe’s largest urban areas. Gelsenkirchen is the fifth largest city of Westphalia after Dortmund, Bochum, Bielefeld and Münster, and it is one of the southernmost cities in the Low German dialect area. The city is home to the football club Schalke 04, which is named after Gelsenkirchen-Schalke [de]. The club’s current stadium Veltins-Arena, however, is located in Gelsenkirchen-Erle [de].

Gelsenkirchen was first documented in 1150, but it remained a tiny village until the 19th century, when the Industrial Revolution led to the growth of the entire area. In 1840, when the mining of coal began, 6,000 inhabitants lived in Gelsenkirchen; in 1900 the population had increased to 138,000. In the early 20th century, Gelsenkirchen was the most important coal mining town in Europe. It was called the “city of a thousand fires” for the flames of mine gases flaring at night. In 1928, Gelsenkirchen was merged with the adjoining cities of Buer and Gelsenkirchen-Horst [de]. The city bore the name Gelsenkirchen-Buer, until it was renamed Gelsenkirchen in 1930. The city remained a center of coal mining and oil refining during the Nazi Era, so it was often a target of Allied bombing raids during World War II. There are no longer colliers in Gelsenkirchen with the city searching for a new image, having been hit for decades with one of the highest unemployment rates in Germany. Today Germany’s largest solar power plant is located in the city. In Gelsenkirchen-Scholven there is a coal-fired power station with the tallest chimneys in Germany (302 m).

The financial stability of Gelsenkirchen 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 Gelsenkirchen

 

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

 

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

 

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

Flipping Investment Property in Gelsenkirchen

Flipping property in Gelsenkirchen

 

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

 

The Flipping Strategy in Gelsenkirchen

 

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

 

What is distressed Gelsenkirchen property:

 

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

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

 

Calculate profit that you make from Gelsenkirchen investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Gelsenkirchen

 

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

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

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