Investment Property in Sittwe

Investment Real Estate in Sittwe

Investment Property in Sittwe
Investment Property in Sittwe

Sittwe 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 Sittwe.

Search Map of Sittwe Investment Real Estate

Sittwe (Burmese: စစ်တွေမြို့; MLCTS: cac twe mrui.; Burmese pronunciation: [sɪʔtwè mjo̰]; formerly Akyab) is the capital of Rakhine State, Myanmar (Burma). Sittwe, pronounced sait-tway in the Rakhine language, is located on an estuarial island created at the confluence of the Kaladan, Mayu, and Lay Mro rivers emptying into the Bay of Bengal. As of 2006 the city has 181,000 inhabitants. It is the administrative seat of Sittwe Township and Sittwe District.

Get Our Latest List of Investment Property in Sittwe

The financial stability of Sittwe 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 Sittwe

 

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

 

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

 

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

Flipping property in Sittwe

 

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

 

The Flipping Strategy in Sittwe

 

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

 

What is distressed Sittwe property:

 

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

 

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

 

Calculate profit that you make from Sittwe investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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