Investment Property in Narsingdi

Investment Real Estate in Narsingdi

Investment Property in Narsingdi
Investment Property in Narsingdi

Narsingdi 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 Narsingdi.

Search Map of Narsingdi Investment Real Estate

Narsingdi /Narsingdi Sadar (Bengali: নরসিংদী) is a city and headquarters of Narsingdi District in the division of Dhaka, Bangladesh. The Dhaka-Sylhet highway connects Narsingdi with the capital and other major cities. The district is located between 24.1344° N and 90.7860° E. Surrounded by Tarowa on the north, Hazipur on the east, the Meghna River on the south, and by Chouwala and Kamargaon on the west , on the west in the district. Narsingdi is one of the most important cities in case of the garment industry. The district is famous for its textile craft industry. Narsingdi is divided into two municipalities and 14 union parishads. The municipalities are: Madhabdi Municipality, Narsingdi Municipality; and the union parishads are: Alokbali, Amdia, Char Dighaldi, Chinishpur, Hajipur, Karimpur, Khathalia, Mahishasura, Meherpara, Nazarpur, Nuralapur, Paikarchar, Panchdona, and Silmandi. The union parishads are subdivided into 152 mauzas and 275 villages.

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The financial stability of Narsingdi 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 Narsingdi

 

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

 

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

 

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

Flipping property in Narsingdi

 

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

 

The Flipping Strategy in Narsingdi

 

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

 

What is distressed Narsingdi property:

 

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

 

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

 

Calculate profit that you make from Narsingdi investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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