Investment Property in Ourense

Invest in Real Estate in Ourense

Investment Property in Ourense
Investment Property in Ourense

Ourense 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 Ourense .

Search Map of Ourense Investment Real Estate

Ourense (Galician: [owˈɾɛnsɪ]; Spanish: Orense [oˈɾense]) is a city and capital of the province of Ourense, located in the autonomous community of Galicia, northwestern Spain. It is on the Camino Sanabrés path of the Way of St James (Camino de Santiago), and is crossed by the Miño, Barbaña, Loña and Barbañica rivers. It is also known as A cidade das Burgas (in Galician) due to its hot springs, being one of the European cities with the greatest thermal heritage.

The financial stability of Ourense 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 Ourense

 

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

 

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

 

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

Flipping Investment Property in Ourense

Flipping property in Ourense

 

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

 

The Flipping Strategy in Ourense

 

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

 

What is distressed Ourense property:

 

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

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

 

Calculate profit that you make from Ourense investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Ourense

 

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

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

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