Investment Property in Nizhny Novgorod

Invest in Real Estate in Nizhny Novgorod

Investment Property in Nizhny Novgorod
Investment Property in Nizhny Novgorod

Nizhny Novgorod 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 Nizhny Novgorod .

Search Map of Nizhny Novgorod Investment Real Estate

Nizhny Novgorod ( NIZH-nee NOV-gə-rod; Russian: Нижний Новгород, IPA: [ˈnʲiʐnʲɪj ˈnovɡərət] (listen) lit.‘Lower Novgorod/Lower New City’), colloquially shortened to Nizhny, from the 13th to the 17th century Novgorod of the Lower Land, formerly known as Gorky (Горький, [ˈɡorʲkʲɪj]; 1932–1990), is the administrative centre of Nizhny Novgorod Oblast and the Volga Federal District. The city is located at the confluence of the Oka and the Volga rivers in Central Russia, with a population of over 1.2 million residents, up to roughly 1.7 million residents in the urban agglomeration. Nizhny Novgorod is the sixth-largest city in Russia, the second-most populous city on the Volga, as well as the Volga Federal District. It is an important economic, transportation, scientific, educational and cultural center in Russia and the vast Volga-Vyatka economic region, and is the main center of river tourism in Russia. In the historic part of the city there are many universities, theaters, museums and churches.

The city was founded on 4 February 1221 by Prince George II of Vladimir. In 1612, Kuzma Minin and Prince Dmitry Pozharsky organized an army for the liberation of Moscow and all Russia from the Poles and Lithuanians. In 1817, Nizhny Novgorod became a great trade center of the Russian Empire. In 1896, at a fair, an All-Russia Exhibition was organized. During the Soviet period, the city turned into an important industrial center. In particular, the Gorky Automobile Plant was constructed in this period. Then the city was given the nickname “Russian Detroit”. Shortly before the dissolution of the Soviet Union the city was renamed Nizhny Novgorod once again. In 1985, the Nizhny Novgorod Metro was opened. In 2016, Vladimir Putin opened the new 70th Anniversary of Victory Plant, which is part of the Almaz-Antey Air and Space Defence Corporation.

The Kremlin – the main center of the city – contains the main government agencies of the city and the Volga Federal District. The demonym for a Nizhny Novgorod resident is “нижегородец” (nizhegorodets) for male or “нижегородка” (nizhegorodka) for female, rendered in English as Nizhegorodian. Novgorodian is inappropriate; it refers to a resident of Veliky Novgorod. Nizhny Novgorod was one of the host cities of the 2018 FIFA World Cup.

The financial stability of Nizhny Novgorod 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 Nizhny Novgorod

 

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

 

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

 

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

Flipping Investment Property in Nizhny Novgorod

Flipping property in Nizhny Novgorod

 

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

 

The Flipping Strategy in Nizhny Novgorod

 

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

 

What is distressed Nizhny Novgorod property:

 

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

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

 

Calculate profit that you make from Nizhny Novgorod investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Nizhny Novgorod

 

Property Secured Investments is a Private Equity fund that invests in Nizhny Novgorod 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 Nizhny Novgorod

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

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