Investment Property in Goma

Invest in Real Estate in Goma

Investment Property in Goma
Investment Property in Goma

Goma 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 Goma .

Search Map of Goma Investment Real Estate

Goma is the capital of North Kivu province in the eastern Democratic Republic of the Congo. It is located on the northern shore of Lake Kivu, next to the Rwandan city of Gisenyi. The lake and the two cities are in the Albertine Rift, the western branch of the East African Rift system. Goma lies only 13–18 km (8.1–11.2 mi) south of the active Nyiragongo Volcano. The recent history of Goma has been dominated by the volcano and the Rwandan genocide of 1994, which in turn fuelled the First and Second Congo Wars. The aftermath of these events was still having effects on the city and its surroundings in 2010. The city was captured by rebels of the March 23 Movement during the M23 rebellion in late 2012, but it has since been retaken by government forces.

Goma is the home of the annual Amani Festival which celebrates peace and in 2020 it attracted an audience of 36,000.

The financial stability of Goma 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 Goma

 

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

 

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

 

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

Flipping Investment Property in Goma

Flipping property in Goma

 

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

 

The Flipping Strategy in Goma

 

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

 

What is distressed Goma property:

 

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

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

 

Calculate profit that you make from Goma investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Goma

 

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

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

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