Invest in Real Estate in Oviedo
Oviedo 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 Oviedo .
Search Map of Oviedo Investment Real Estate
Oviedo (Spanish: [oˈβjeðo]; Asturian: Uviéu [uˈβjeʊ]) is the capital city of the Principality of Asturias in northern Spain and the administrative and commercial centre of the region. It is also the name of the municipality that contains the city. Oviedo is located approximately 24 km (15 mi) southwest of Gijón and 23 km (14 mi) south of Avilés, both of which lie on the shoreline of the Bay of Biscay. Oviedo’s proximity to the ocean of less than 30 kilometres (19 mi) in combination with its elevated position with areas of the city more than 300 metres above sea level causes the city to have a maritime climate, in spite of its not being located on the shoreline itself.
The financial stability of Oviedo 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 Oviedo
Renting out your Oviedo buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Oviedo are – preparation is key.
With our expert guidance, investing in Oviedo provides the secure knowledge that your money is working harder than it would in a local Oviedo 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 Oviedo, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Oviedo property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.
Flipping Investment Property in Oviedo
Flipping property in Oviedo
Flipping property is when we advise clients to buy a Oviedo 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 Oviedo market has a time to react to the renovation.
The Flipping Strategy in Oviedo
Investment property flipping in Oviedo 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 Oviedo real estate investments are sometimes referred to by professionals as ‘distressed’ Oviedo real estate.
What is distressed Oviedo property:
- Oviedo property in need of renovation
- Oviedo real estate with a change of purpose and use
- Oversold Oviedo property
- Bank repossessions in Oviedo
Put simply, long term investors in Oviedo purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Oviedo investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Oviedo property purchase price: $220,000
Renovation costs: $20,000
Other costs: $25,000
Property sale price: $400,000
Experienced property developers in Oviedo use a minimum profit value of 22% when looking at potential Oviedo projects.
The reason for this is because there are lots that can go wrong in Oviedo property flipping and working on a potential margin of 22% should still leave a good margin of error.
Invest through a Fund in Oviedo
Property Secured Investments is a Private Equity fund that invests in Oviedo 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 Oviedo
For luxury property investors hoping to add a superb property in Oviedo 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 Oviedo, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Oviedo should be entrusted to only the highest-quality agency.