Investment Real Estate in Rangpur
Rangpur 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 Rangpur.
Search Map of Rangpur Investment Real Estate
Rangpur (, /rʌŋˈpʊər/; Bengali: রংপুর, romanized: Rongpur, lit. ‘City of Colour’) is one of the major cities in Bangladesh and Rangpur Division. Rangpur was declared a district headquarters on December 16, 1769, and established as a municipality in 1869, making it one of the oldest municipalities in Bangladesh. The municipal office building was erected in 1892 under the precedence Raja Janaki Ballav, Senior Chairman of the municipality. In 1890, the Shyamasundari canal was excavated for the improvement of the town. Sharfuddin Ahmed Jhantu was first mayor of Rangpur City Corporation. Now Rangpur City Corporation is the 2nd largest city corporation in Bangladesh. it’s about 205 square kilometres. Rangpur is famous for Shataranji, Haribhanga (mango), Rangpur (fruit) and tobacco. Rangpur is called Baher Desh.
Rangpur, a city of history and heritage is located in the northwestern part of Bangladesh. Begum Rokeya University and Rangpur Cadet College are situated in the southern part of the city. Previously, Rangpur was the headquarters of the Greater Rangpur district. Later, the Greater Rangpur district was broken down into the Gaibandha, Kurigram, Lalmonirhat, Nilphamari and Rangpur districts. In the greater Rangpur region, little economic development took place until the 1990s, mainly because of the yearly flooding the region used to see before the building of the Teesta Barrage. Coal is found near this district. There is a large military cantonment in the vicinity of the city, along with a Ghagot park (under military surveillance), in addition to the famous Carmichael College Tajhat Palace, Ciklee water park and Rangpur Zoo in the city. Rangpur is also famous for its handicrafts industry like Shataranji which is recently declared as a GI product of Bangladesh.
Get Our Latest List of Investment Property in Rangpur
The financial stability of Rangpur 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 Rangpur
Renting out your Rangpur buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Rangpurare – preparation is key:
Flipping Investment Property in Rangpur
Flipping property in Rangpur
Flipping property is when we advise clients to buy a Rangpur 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 Rangpur market has a time to react to the renovation.
The Flipping Strategy in Rangpur
Investment property flipping in Rangpur 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 Rangpur real estate investments are sometimes referred to by professionals as ‘distressed’ Rangpur real estate.
What is distressed Rangpur property:
- Rangpur property in need of renovation
- Rangpur real estate with a change of puropose and use
- Oversold Rangpur property
- Bank repossessions in Rangpur
Put simply, long term investors in Rangpur purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Rangpur investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Rangpur property purchase price: $220,000
Renovation costs: $20,000
Other costs: $25,000
Property sale price: $400,000
Experienced property developers in Rangpur use a minimum profit value of 22% when looking at potential Rangpur projects. The reason for this is because there are lots that can go wrong in Rangpur property flipping and working on a potential margin of 22% should still leave a good margin of error.
Property Secured Investments is a Private Equity fund that invests in Rangpur 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
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