Investment Property in Novara

Invest in Real Estate in Novara

Investment Property in Novara
Investment Property in Novara

Novara 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 Novara .

Search Map of Novara Investment Real Estate

Novara (Italian: [noˈvaːra] (listen), Novarese: [nuˈ(ʋ)aːra]) is the capital city of the province of Novara in the Piedmont region in northwest Italy, to the west of Milan. With 101,916 inhabitants (on 1 January 2021), it is the second most populous city in Piedmont after Turin. It is an important crossroads for commercial traffic along the routes from Milan to Turin and from Genoa to Switzerland. Novara lies between the rivers Agogna and Terdoppio in northeastern Piedmont, 50 kilometres (31 mi) from Milan and 95 kilometres (59 mi) from Turin.

The financial stability of Novara 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 Novara

 

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

 

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

 

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

Flipping Investment Property in Novara

Flipping property in Novara

 

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

 

The Flipping Strategy in Novara

 

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

 

What is distressed Novara property:

 

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

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

 

Calculate profit that you make from Novara investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Novara

 

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

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

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