Investment Property in Makassar

Investment Real Estate in Makassar

Investment Property in Makassar
Investment Property in Makassar

Makassar 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 Makassar.

Search Map of Makassar Investment Real Estate

Makassar (Indonesian pronunciation: [maˈkassar] (listen), Makasar: ᨆᨀᨔᨑ, romanized: Mangkasara’, Makasar pronunciation: [maŋˈkasaraʔ]) is the capital of the Indonesian province of South Sulawesi. It is the largest city in the region of Eastern Indonesia and the country’s fifth-largest urban center after Jakarta, Surabaya, Medan, and Bandung. The city is located on the southwest coast of the island of Sulawesi, facing the Makassar Strait.

Throughout its history, Makassar has been an important trading port, hosting the center of the Gowa Sultanate and a Portuguese naval base before its conquest by the Dutch East India Company in the 17th century. It remained an important port in the Dutch East Indies, serving Eastern Indonesian regions with Makassarese fishers going as far south as the Australian coast. For a brief period after Indonesian independence, Makassar became the capital of the State of East Indonesia, during which an uprising occurred.

The city’s area is 175.77 square kilometres (67.87 sq mi), and it had a population of around 1.424 million in 2020 within Makassar City’s fifteen administrative districts. Its official metropolitan area, known as Mamminasata, with the addition of thirty-three further districts of neighboring regencies, covers an area of 2,666.63 square kilometres (1,029.59 sq mi) and had a population of around 2,698,915 according to the 2020 Census.

According to the National Development Planning Agency, Makassar is one of the four main central cities of Indonesia, alongside Medan, Jakarta, and Surabaya.

According to Bank Indonesia, Makassar has the second-highest commercial property values in Indonesia, after Greater Jakarta.

Get Our Latest List of Investment Property in Makassar

The financial stability of Makassar 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 Makassar

 

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

 

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

 

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

Flipping property in Makassar

 

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

 

The Flipping Strategy in Makassar

 

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

 

What is distressed Makassar property:

 

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

 

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

 

Calculate profit that you make from Makassar investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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