09/09/2019
Investment paradise in Odessa or a profitable investment in a dream...
New buildings of Odessa near the sea have always been and will be in price. Millions dream of housing overlooking the endless sea. Everyone who has thought about this topic understands the value of such real estate for profit.
Odessa is not only beautiful, but also a sea, port, resort city. The demand for square meters is due not only to the desire to fulfill the dream, but also to the desire to build a profitable business on this. Thus, housing with sea views is regarded as a dream come true, but also as an investment option, with the aim of further deriving financial benefits. Given the location and status of Odessa, the benefits of such an investment, with the right approach, will be clearly higher than a similar investment in other cities.
In particular, we are talking about concepts such as renting and selling real estate. Not only apartments, but also commercial space. As part of the infrastructure of the areas in which they are located, these facilities will be in great demand and the flow of people. Due to the current situation and the inaccessibility of the resorts of Crimea, the flow of tourists to Odessa has increased significantly. If you look at the statistics, the flow of tourists to Odessa increased by 10.5%. Accordingly, the demand for rental housing, both daily and long-term, will increase.
Why, then, are new buildings, and not the secondary market, a more valuable asset in terms of investment? The answer is simple, a new living space is always better rented, because of the desire of people to stay in a new apartment and common sense, which imposes on modern people the urge to be economical. These are more energy-saving technologies, autonomous heating, warmer walls due to the development of technologies in the construction industry. When choosing an investment object, it is worth considering its location. Places such as train stations and markets should be avoided, as these places will not betray the object of investment charm. Preference should be given to the coastline or the second line. By investing in new buildings of Odessa near the sea, you will get a gorgeous view from the window, a fairly quiet area and, accordingly, a buyer for your investment.
Several options can be considered to capitalize on such investments.
• Buying a house for resale, both in its original form, and bringing it to a state of "bought and live." It is also worth mentioning that you can earn money both by increasing the cost from the moment of buying the apartment during construction to the commissioning of the object, and by the difference in cost from the state without repair and repair.
• Buying a home for rental purposes. There are two options: long-term rent and daily rent. Long-term rental is at first glance not such a profitable option as a daily rental. But, there are advantages: stable profit for a long period and less depreciation of the apartment. As for daily rent, this is faster money and more worries. That is, those who rent housing, usually try to get the maximum benefit in the tourist season, when demand is prohibitive. But the disadvantage of this is a large flow of tenants and a large depreciation of housing. Which will require more frequent care and maintenance, some in turn will be the costly part.
• Buying space on the first, ground floors. Such areas can be used both for leasing for offices and for renting as a store. With regard to risks and profitability, a large flow of people and location by the sea will do their job.
And if you approach any of the options for these investments - their payback will not take long. In addition to payback, real estate is a good asset that loses little in value and has no expiration date.
Good luck with your investment choice!
