Investment Property in Siddhirganj

Investment Real Estate in Siddhirganj

Investment Property in Siddhirganj
Investment Property in Siddhirganj

Siddhirganj 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 Siddhirganj.

Search Map of Siddhirganj Investment Real Estate

Siddhirganj, is one of the oldest industrial cities of Bangladesh. It is located in the bank of Shitalakshya River, Narayanganj. The Siddhirganj Industrial Zone has more than 15 thousand factories and industrial establishments. Adamjee Jute Mills was established in Siddhirganj in 1951 and was once the largest jute mill in the world. This city is also one of the largest exporter in the country. In 2018–2019, the Adamjee export processing zone in Siddhirganj exported more than 4 billion US dollars’ worth of goods.

From ancient times, Siddhirganj was famous Due to its favorable geographic location, Siddhirganj was historically used as a port city and specialized in muslin production from hand looms. As a gateway to Dhaka, Narayanganj’s economic activities were largely contributed by Siddhirganj, and it was also called the Dundee of the East.

The traditional art of weaving Jamdani muslin in Bangladesh was included in the list of Masterpieces of the Oral and Intangible Heritage of Humanity by UNESCO. In the liberation war of Bangladesh, war hero Shafi Imam Rumi’s major target was to bomb the Siddhirganj Power Station.

Siddhirganj has four power stations total and manufacturing more than 400 MW in electricity generation capacity. A new power station called the Siddhirganj Peaking Power Project is set to be completed by 30 June 2018 after 10 years of construction at a total cost of $470 million.

Get Our Latest List of Investment Property in Siddhirganj

The financial stability of Siddhirganj 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 Siddhirganj

 

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

 

Whatever your goals with investment property in Siddhirganjare – preparation is key:

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Siddhirganj and be prepared to change your initial outlook.
  • Thoroughly research the Siddhirganj location with a special emphasis on fringe areas outside the main Siddhirganj metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Siddhirganj.
  • Ensure that your target investment property in Siddhirganj 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.

Flipping Investment Property in Siddhirganj

Flipping property in Siddhirganj

 

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

 

The Flipping Strategy in Siddhirganj

 

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

 

What is distressed Siddhirganj property:

 

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

 

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

 

Calculate profit that you make from Siddhirganj investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Siddhirganj 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 Siddhirganj use a minimum profit value of 22% when looking at potential Siddhirganj projects. The reason for this is because there are lots that can go wrong in Siddhirganj 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 Siddhirganj 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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