Investment Property in Ngaoundéré

Invest in Real Estate in Ngaoundéré

Investment Property in Ngaoundéré
Investment Property in Ngaoundéré

Ngaoundéré 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 Ngaoundéré .

Search Map of Ngaoundéré Investment Real Estate

Ngaoundéré, or N’Gaoundéré (Fula: N’gamdere 𞤲’𞤺𞤢𞤥𞤣𞤫𞥅𞤪𞤫𞥅) is the capital of the Adamawa Region of Cameroon. It had a population of 152,700 at the 2005 census. According to the film Les Mairuuwas – Maitre de l’eau produced by the University of Tromsø, the population has rapidly risen to 1,000,000 (as of October 2016) owing to mass immigration from the Central African Republic and the perceived danger from Boko Haram in northern Cameroon.

The city lies at the northern end of the railway to Yaoundé and is also home to Ngaoundéré Airport. Attractions in the city include the Lamido Palace and the Lamido Grand Mosque. The town is named after a nearby mountain on its eponymous plateau; the mountain’s name is the Mbum word for “navel mountain”.

The financial stability of Ngaoundéré 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 Ngaoundéré

 

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

 

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

 

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

Flipping Investment Property in Ngaoundéré

Flipping property in Ngaoundéré

 

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

 

The Flipping Strategy in Ngaoundéré

 

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

 

What is distressed Ngaoundéré property:

 

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

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

 

Calculate profit that you make from Ngaoundéré investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Ngaoundéré

 

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

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

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