31 Ağu 2023
Ready-made apartments from the developer. Is it possible to earn?
Very often it turns out that the construction has already been completed and the developer still has stock left.
As a rule, these are the apartments of the landlord, who waits until the very last stage to sell the apartments at the maximum price.
It would seem that all marketing stages of growth have already passed, should we expect profit? YES!
Such investments are suitable for “cautious investors” who prefer to earn less than to take big risks.
Let's look at what factors we can attribute further price increases to.
If the complex is large, it consists of several stages and when the construction of one is completed, the construction of the next one begins.
If the developer pursues a competent marketing policy, prices for the entire complex grow symmetrically.
The prices for the beginning construction are set the same as for the stock of the finished one.
This allows the developer to quickly get rid of the runoff, because a person who wants to buy an apartment compares the risks and opportunities between ready-made housing and what will be built only after 3 years.
And in most cases, the choice falls on ready-made housing. This is what investors who buy apartments for rent like to do.
Their business is to profit from rent, so the money should immediately start working.
Also, people in need of housing are always more willing to purchase ready-made apartments so as not to spend money on rent while the house is being built.
Another growth factor for the runoff is the improvement of the territory of the complex and the opening of non-residential premises on the first floors (if any).
The more attractive the complex looks, the higher the price becomes.
Further, such housing is gaining value as a percentage along with a new house under construction.
If the house is already more than 3 years old, then the dynamics of price growth slows down, therefore, it is very important to form a clear strategy for acquiring apartments and finished stock.