Even though mortgage interest rates are high and property prices have risen significantly in recent months, it is still worth investing in property in the long run.
Short-term market fluctuations don’t pose a serious risk to a long-term investment. On the contrary, we are now at a stage where the growth in property prices is starting to slow down and with that comes the ideal opportunity to buy a property. The market situation also gives us room to negotiate on price, thanks to the high interest rate, which results in lower demand for buying property, while creating better conditions for new investments.
Therefore, if we have available funds, investing in a property for rental purposes can make sense. Suitable for investment are small flats of 1+KT to 2+1, which offer the best return on the investment. This investment will then pay you back not only through the gradual appreciation of the property, where the price is constantly increasing in value, but also on the rent, where the investment will cover all your costs and earn you something extra.
You don't even need to have a larger amount of funds available to invest in a rental property. You can arrange what is known as an investment mortgage, also known as a buy-to-let mortgage, which is used by clients to acquire a property to rent out to a third party. It usually has a shorter repayment period than a conventional mortgage loan. When assessing the client's creditworthiness, income from future renting of the property may be taken into account in addition to the standard income that can currently be proven, which is usually reduced by a certain proportion because of the potential risk of income loss.
If you decide to invest in housing, you should look at the technical condition of the property and the location, as well as the costs associated with maintenance, fees, energy costs and the costs associated with the repair fund. The most suitable apartment for investment is a 2+KK apartment, for which there is the greatest interest.
In addition to the current properties for sale, we will soon be adding dozens of new units suitable for investment to our portfolio. If you are interested, you can contact us for more information.
