Investment Property in Ordu

Invest in Real Estate in Ordu

Investment Property in Ordu
Investment Property in Ordu

Ordu 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 Ordu .

Search Map of Ordu Investment Real Estate

Ordu (Turkish pronunciation: [ˈoɾdu]) or Altınordu is a port city on the Black Sea coast of Turkey, historically also known as Cotyora or Kotyora (Pontic: Κοτύωρα), and the capital of Ordu Province with a population of 229,214 in the city center.

The financial stability of Ordu 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 Ordu

 

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

 

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

 

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

Flipping Investment Property in Ordu

Flipping property in Ordu

 

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

 

The Flipping Strategy in Ordu

 

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

 

What is distressed Ordu property:

 

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

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

 

Calculate profit that you make from Ordu investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Ordu

 

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

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

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