Investment Property in Najaf

Investment Real Estate in Najaf

Investment Property in Najaf
Investment Property in Najaf

Najaf 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 Najaf.

Search Map of Najaf Investment Real Estate

Najaf (Arabic: ٱلنَّجَف) or An-Najaf al-Ashraf (Arabic: ٱلنَّجَف ٱلْأَشْرَف), also known as Baniqia (Arabic: بَانِيقِيَا), is a city in central Iraq about 160 km (100 mi) south of Baghdad. Its estimated population in 2013 was 1,000,000 people. It is the capital of Najaf Governorate. It is widely considered amongst the holiest cities of Shia Islam and one of its spiritual capitals, whilst also remaining the center of Shia political power in Iraq.

Get Our Latest List of Investment Property in Najaf

The financial stability of Najaf 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 Najaf

 

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

 

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

 

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

Flipping property in Najaf

 

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

 

The Flipping Strategy in Najaf

 

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

 

What is distressed Najaf property:

 

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

 

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

 

Calculate profit that you make from Najaf investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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