Investment Property in Pitești

Invest in Real Estate in Pitești

Investment Property in Pitești
Investment Property in Pitești

Pitești 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 Pitești .

Search Map of Pitești Investment Real Estate

Pitești (Romanian pronunciation: [piˈteʃtʲ]) is a city in Romania, located on the river Argeș. The capital and largest city of Argeș County, it is an important commercial and industrial center, as well as the home of two universities. Pitești is situated in the historical region of Muntenia. It lies on the A1 freeway connecting the city directly to the national capital Bucharest, being an important railway junction, with a classification yard in nearby Bălilești. The city houses the Arpechim oil refinery, and is a marketing center for the automotive industry, in particular, Automobile Dacia.

Inhabited since prehistoric times but first mentioned in the 14th century, it developed as a trading town in northern Wallachia, serving as an informal residence for various Wallachian Princes until the 18th century. From the 19th century and until the interwar period, it was an important political center for the National Liberal Party and the main residence of the Brătianu family of politicians. During the early stages of the communist regime, it was one of the main sites of political repression, with the Pitești Prison becoming home to an experiment in brainwashing techniques.

The financial stability of Pitești 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 Pitești

 

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

 

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

 

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

Flipping Investment Property in Pitești

Flipping property in Pitești

 

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

 

The Flipping Strategy in Pitești

 

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

 

What is distressed Pitești property:

 

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

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

 

Calculate profit that you make from Pitești investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

 

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

 

Invest through a Fund in Pitești

 

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

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

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