Top 5 Tips For Building Your Own House In Spain

You want to settle down in Spain and are hoping to build your own house. However, you don’t know how to go about it. This is a common scenario for many people, and in the quest to find how they can build their own house in Spain, they only get more and more questions. Questions about the cost, architects, other pitfalls, and dangers start to arise, which may be discouraging. Of a truth, it is pretty risky and also very daunting to go into building your house in Spain without knowledge of the regulations, landscape, and culture. So you may need to take your time before commencing the project. 

However, it is possible to achieve this goal. You may not do it personally, but you have the option to plan your home, design it, and also get the right people to help you build it. This is your most probable option, but there are a few tips you must note. 

1. Choosing the land 

You need to carry out several research to get the perfect plot of land for your new home. However, it is crucial that you can differentiate between the different types of land because there are some lands that you can’t build on. 

One common type of land you will come across in Spain is “suelo rustic.” These lands often lack necessary amenities such as drainage, water supply, electricity, etc., making them unsustainable for building. On the other hand, the “suelo Urbano” is the ideal land to build on. This is because it is urbanized and already has many basic provisions, and is also on the plan for urban development. Additionally, you must be paying attention to some of the other parameters like buildability (maximum m2 your house can occupy) or percentage of occupation (the part of the land that can be occupied with a building). 

2. Seek expert advice

After selecting the land plot for the building, the next step is to seek expert advice. For example, you may want to contact an architect to help you examine the land ‘in situ’ and check out the different possibilities – the orientation, land slope, good access, and if the surface is suitable to build on or it’s the ideal size, etc. 

The architect will give you a general estimate of the cost of the building, which can help you establish the initial contacts with banks so you can propose a mortgage. You will also be taking charge of the construction works. It is also recommended that you have a lawyer around for legal advice at different stages of the building process and before you take each step. 

3. Preliminary steps

A crucial preliminary step to take is visiting the Land Registry to request for “nota simple.” This is a brief legal report about the property (which may be a land plot, storeroom, garage, etc.) and will help you confirm that there are no previous debts or charges on the land before you purchase it and start building on it.

The next thing to do is contact the cadastre to get a graphic and descriptive cadastral certification. This will make it possible for you to check and confirm that the information on both registers is the same. One final step is to visit the town hall to consult and check with the town planning regulations. You must make this consultation because the design of your house can be affected, and you may need several variations (such as the number of floors, height, etc.) based on the legislation.

4. Financing

The general thing in Spain is that banks do not give mortgages for land purchases. So, the most appropriate thing to do is to remortgage your present home or apply to get a loan. However, it is also possible in Spain for you to apply for self-build mortgages, which you can use to finance the building of your house. 

A mortgage like this has three different sections:

  • The beginning stage (the first phase that ensures that work begins on the land).
  • The certification stage (this phase is for the construction to continue).
  • The completion stage (after completing the building).

Generally, these operations take up 80% of your budget if it is your first home and the repayment term never exceeds 30 years. 

It may also be worth noting that before the institution grants this loan, you must first show them the certificate of ownership as proof that you own the land, along with other things like the project, construction license, energy efficiency certificate, and execution budget. Additionally, you must comply with their solvency requirement before obtaining the loan. 

5. Planning 

The average time you need to execute your self-build project in this country successfully is about two years. However, it may go past that time frame too. To prevent this prolonged time and skyrocketing cost, you must execute and complete a detailed timescale and budget planning, along with careful coordination of all the professionals (builders, architects, etc.) involved in different stages of the project. 

Conclusion

The processes involved in building a home in Spain are different from how you have it in other European countries. This is because of the peculiarities of the country compared to other countries. This is why you need to take your time and reach out to experts and professionals during all the stages.  

Author Bio

Sherri Carrier is a professional writer at best essay writing services and a member of several writing clubs in New York. She has been writing her poems since she was a child. The young author gets inspiration from her favorite writers and people whom she loves. 

5 Benchmarks To Select A Real Estate Investment Platform Online

Real estate is traditionally one of the most sought-after investments. However, it had been a preserve for seasoned investors with a lot of capital. Today, you can build a real estate portfolio on an online platform regardless of your background or origin. All it takes is finding a great platform to cater to your real estate investment needs. Here are benchmarks to help you select the ideal real estate platform online to kick start your journey to become a real estate investor.

real estate investment
real estate investment

Image credit: apartmentcorp.com

Experienced And Professional Team

A great investment platform relies on the strength of its team. Successful real estate investment depends on having a team with appropriate knowledge of real estate fundamentals, finance, underwriting, and survival strategy. A real estate platform online connects real estate owners with investors. So, due diligence is still necessary just like when evaluating a brick and mortar real estate company. The ideal platform should have an expert team with a strict vetting procedure.

Equally important is to understand the company’s evaluation of financial projections for deals and factors influencing investment returns like the real estate value, business strategy of operator, and market quality. You have to be sure that the investment platform ensures all deals meet quality standards before availability. The leadership team behind the platform should have experience and expertise in related fields including underwriting, real estate, business strategy, and finance.

Company Portfolio

The best online real estate investment platform should have an impressive portfolio. You have to work with a team that has considerable real estate transaction experience in the niche you’re interested in. Working with a team that has adequate ‘skin in the game’ increases your chances of becoming a successful real estate investor. The investment platform should have safety guidelines in place to protect potential investors from downside risks such as potential loss of principal and illiquidity.

Performance of Underwriting Team

Ensure to look for a real estate investment platform online with a standard procedure for vetting deals. The team should not just work with numbers without verification. So, before you invest in such a company, check their vetting criteria to understand how the underwriting team does its work. All opportunities on the platform need vetting before they are made available to potential investors.

Some of the vetting aspects include:

  • Underwriting process for deals
  • Tallying of projected expenses with historical expenses
  • Rental assumption rate backed by market research
  • Assumptions backed by data from trusted third-party sources
  • Comparison of exit cap with going-in and market cap rate

Client Service Team

Another benchmark when selecting a real estate investment platform online is to check their service team. The ideal platform should have a knowledgeable customer service team to assist customers. This is very important since the service team is everyone’s first point of contact with the platform. So, any poor service gives a negative impression and is likely to make you look for a platform with better service.

Mentorship Program

The best online platform for real estate investment should try to help novice investors understand the nuances of the industry. Some of the benefits of a real estate mentorship program include:

  • Understanding property analysis
  • Acquiring knowledge regarding property development
  • Learning how to think like a property owner
  • Understanding investing and financing construction projects

Although the mentorship program comes at a cost, it is worth the investment given the knowledge you are likely to acquire for a lifetime career in real estate investment.

Extra Services Offered

Reputable real estate platforms online offer various services. So, ensure to check whether a platform that catches your fancy has extra services that you need. A platform with a legal team to help clients handle the processing of EB5 and E2 visas is a wonderful choice. The Employment-Based Fifth (EB5) visa offers eligible migrant investors a chance to become permanent residents like Green Card holders. A platform offering assistance to acquire an EB5 visa makes it easy for you to find the appropriate commercial investment you can invest in to qualify.

The E2 treaty visa allows someone to enter and work in the US after investing. Depending on your country of origin, this visa is valid from three months to five years with a chance for indefinite extension. If you need this visa, find a platform to assist you during the application process to ensure that you meet the five requirements required by the U.S. Citizenship and Immigration Services. Getting assistance from an all-service platform saves time and money.

Bottom Line

An online platform is a way to go when looking forward to making your first investment in real estate. Look for a company that offers a mentorship program for novices to understand the ins and outs of the industry. When from another country, look for a platform that offers assistance during EB5 or E2 visa applications.

Author: Eernesto Felder

Sneak Peek Into Lavish Living At Anthem Country Club

Anthem Country Club community was built by Del Webb on 4,755 acres with more than 10,000 homes. The community sits at the base of the Black Mountains with several neighborhoods including multi-generational homes and active adult living. Some of the locations include Anthem Country Club which is a gated luxury golf community with guards and Sun City.

Image credit: findmylasvegashome.com

The guard-gated communities here have open green spaces and local parks nearby. Besides, some local parks including Vivaldi Park and Sonata Park overlap neighborhood boundaries shared by Anthem and Seven Hills. So, residents share them. Anthem residents access grocery stores and restaurants after a few minutes’ drive. Residents get amazing views of the Black Mountains and The Strip since the community is elevated.

Anthem Country Club Lake

Membership to Anthem Country Club, a guard-gated private community comes with various privileges. Subscribing to a social membership offers access to various recreational activities. There’s a fitness center covering 13,700 square feet to cover all your exercise needs including group cardio classes and weight training.  Other features include a 25-meter swimming pool with lap lanes, a play area for kids, and a wading pool with a café where you get served food and drinks by the water. Six well-lit tennis courts are available with a sand-filled volleyball court and basketball court.

Golf fans should visit Anthem Country Club in Henderson NV  and enjoy membership such as access to the 18-hole golf course. This par-72 caliber golf course has more than 7,300 yards of lakes, waterfalls, green grass, and desert landscapes. Each hole has five sets of tees for golfers at every level. The PGA-trained staff and full practice facility ensure you have a memorable experience and have your swing in top shape.

Anthem Country Club Real Estate

Planning to buy a home at Anthem Country Club? You need to have a big budget. The luxury homes in the community range from $500,000 to $10,000 with secure private roads and a second gate to reinforce security. Anthem Country Club is on the southern edge of Henderson with the scenic mountains of Sloan Canyon National Conservation Area in the background. It is a few minutes’ drive from Downtown, The Strip, and other busy locations in Las Vegas. The location is incomparable when it comes to lavish living. Buying a home here offers an instant upgrade to your lifestyle.

Areas surrounding Anthem Country Club

The community is in Anthem, Arizona bordering the Phoenix metro area in the north off the interstate. Residents easily access basic needs and endless fun activities with Safeway and Wal-Mart close by. There’s endless shopping at the Anthem Outlet Shops and various healthcare services such as Alliance Medical Clinic and Honor Health Medical Group. Dining out is available at restaurants including Two Brothers Kitchen, The Tennessee Kitchen, and Dara Thai Café nearby

There are various entertainment options such as museums like Pioneer Living History Museum, theaters, and galleries just a short drive in downtown Phoenix. Golfers can venture out to play at Bellair Golf Club and Wildfire Golf Club. Nature lovers are spoilt for choice with a range of green spaces and parks including Liberty Bell Park, Anthem Community Park, and Daisy Mountain Railroad. You can as well visit metropolitan locations such as Downtown Phoenix an hour’s drive away and to Sedona and Flagstaff in the cities.

Daily Living At Anthem Country Club

Living here offers all the perks of a master-planned community in a big city with the feel and charm of a tiny town. Sunny and moderate weather prevails most parts of the year apart from some weeks in late summer where thunderstorms and heavy rains determine people’s activities. The 10 miles of biking and hiking trails in Anthem  give you something to do every day. For sports fans, there is Anthem Soccer Club and Anthem Dolphins Swim Team.

North Valley Regional Library serves Anthem and surrounding locations. The joint-use facility is on the Boulder Creek High School premises with a collection of about 80,000 items including movies on DVD, best sellers, audiobooks, magazines, and newspapers. Additionally, this state-of-the-art library has 50 computers with internet.

Anthem Country Club Schools

The community has one of Deer Valley Unified School District public schools or any of the seven charter schools scattered around the city. Deer Valley has five K-8 schools and Boulder Creek High School, a grade 9-12 facility. Anthem has Deer Valley schools with excellent performance ratings from the Department Of Education in Arizona. The community is close to various colleges such as:

  • Arizona State University-West
  • Glendale Community College
  • Paradise Valley College

Anthem Country Club is an ideal location for lavish living in Henderson, NV for retirees, families, and singles. Apart from the beautiful weather, this guarded-gate community has various homes to match everyone’s budget with world-class amenities such as golf courses, a swimming pool, and tennis courts.

Author: Eernesto T Felder

Why You Need to Invest in Real Estate Twilight Photography

Real estate photography has been around for a long time now. And with the online screening of properties getting popular by the day, it undoubtedly brings a certain advantage to real estate owners and agents. With attractive photographs, you can highlight the best features of your property and make a great first impression, which plays a very important role in getting a great deal.

One of the most trending real estate photography trends today is twilight real estate photography. It involves capturing the scene at the time of dusk against the background of natural light in order to take the aesthetics several notches higher. You can either hire a professional photographer to do the job or pay an expert to turn a day photo into a dusk photo if hiring a photographer seems like an expensive business.

Let’s understand why real estate twilight photos are all the rage these days and how dusk photos can help you sell your property faster and at better rates.

1. Twilight photography helps the property stand out.

Since twilight photography captures the site in different lighting, the photos naturally stand out. This is because buyers are usually not used to seeing dusk photos of the property in every listing. The beautiful colors of the sky and their appealing contrast with the property lighting and tones make a long-lasting impression on the potential buyer. So, even if they check out more listings to be sure, chances are they will come back because of the perfect evening setting that your property has to offer.

2. It helps display a magical exterior.

With the entire property awash in dusk colors, the nuances of the exterior look magical or surreal. Moreover, the colors of the dusk are usually associated with warmth, comfort, and the feeling of being at home. All of this increases the chances of people deciding to visit the location personally after seeing the beautiful dusk photos. And the more the visits, the higher the chances of making a better and quicker deal.

3. It attracts a premium pool of buyers.

A home isn’t just about four walls. The premium buyers often prefer additional features like a patio, a little garden, or probably a Jacuzzi. Therefore, twilight photography highly benefits the sellers if their offering includes a backyard or a decent outdoor space; it helps buyers realize the full potential of the property.

Dusk photos can capture the serene outdoor ambiance – perfect for a small evening party on the patio or a Jacuzzi break after a tiring day. And this is what premium buyers want in their home.

4. It gives the seller an eye-catching cover photo.

People on a serious house hunt go on real estate listing platforms every day. And, it’s natural for all the properties to start looking the same if you’re checking out hundreds of listings in a day. Since buyers scroll through the listings, only opening ones that immediately catch the eye, it is important to add an outstanding cover photo to yours. A dusk shot of the property as the cover photo would break the monotony and make your listing look more appealing.

5. It increases real estate agents’ portfolio value.

With real estate twilight photos, agents and realtors can make their portfolio richer and more attractive. Dusk photos add a certain allure to the portfolio and make the catalog look more professional. And this is a critical step in strengthening the profile.

Twilight photography is one of the best marketing tools for sellers who need to stay competitive because buyers have the option of checking out thousands of properties with just a couple of clicks on their phones. It is definitely worth investing in.

Author Bio

Rahul Agarwal is the Co-founder & Chief Business Officer at Styldod, where he has taught a computer to do interior design! Styldod provides the most hassle-free & inexpensive virtual staging solutions for real estate agents so they can sell their listings faster, and for higher prices. Rahul was also a co-founder of Mebelkart (which is acquired by Ask Me). He’s your everyday IIT Kanpur nerd who pushes the boundaries with his innovative entrepreneurial stints and is also a sound startup investor & advisor. Rahul attributes his success as a professional to the discipline he has learned from his district hockey days, being a swimmer and a gym enthusiast.

Three Ways to Earn Passive Income from Real Estate Investments

Making money without active commitment is one of the best ways to earn; however, there aren’t too many opportunities for such income revenue. The real estate market, be it residential or commercial represents the most common source of passive income among individuals. If you are thinking about investing in a piece of real estate, here are three ways in which you can monetize your property.

Real Estate Investment Trust – REIT

REITs are companies that own and operate real estate and related assets. The difference between a REIT and an average real estate company is that REITs own and operate those types of property that produce income, whilst regular companies make their profits from renting or selling a piece of real estate.

To make a REIT your source of passive income, you need some starting cash to invest in a company that you think would be the best choice. Most REITs specialize in a specific type of real estate, therefore, you can choose between commercial, industrial, residential, or even medicinal real estate REITs. It’s also important to say that this type of investment is the least lucrative and leaves you with no control regarding how your investment will be placed, but it’s also the most secure type of investment.

Real Estate Syndication

This type of real estate investment is somewhat similar to REIT, but some minor differences might make syndication more interesting to those who like to keep their possessions under control. In short, real estate syndication means that there are a general investor and a group of passive investors who pull their funds together to obtain a piece of property. The General investor, aka Syndicator, is the one who leads the operation, manages financial and legislative processes, while passive partners kick back and wait for their money to start pouring in.

The only downside of this type of business is that you need a bit more cash to start, especially if you plan to make a substantial passive income. On the other side, you know where your money goes, who you’re going into business with, and how your property is being managed.

Crowdfunding real estate

If there was ever the need for a seamless real estate investment process, crowdfunding made it possible. This method of investment allows online users to invest in a specific piece of property at a pace and in a measure that best fits their individual needs. In short, you invest your money directly into a property of your choice and have full control of your share.

What makes this type of real estate investment even more popular is the relatively low investment threshold, you can start with as little as $1000, and raise the bar if it makes sense to you. Also, these types of investments are conducted online, making the process easy just like ordering a dissertation help online. Numerous crowdfunding platforms and social media networks allow you to invest anywhere in the world as long as there are no local legislative barriers for something like that.

Conclusion

These were some of the best ways to earn passive income through real estate. Choose the method that works best for you and your current needs. However, never invest more than you are ready to lose to avoid financial difficulties.

Author Bio:

Charlie Svensson is a fast, engaging freelance writer skilled in content writing and blogging. The favorite topics of his posts are education, social media, marketing, SEO, motivation blogging, and self-growth. His traits include adaptability and the potential to reach diverse audiences.

Essential tips on how to purchase a home

Looking for a new home is exciting, but sometimes, when you go out in the hope of finding your next big home, you are shown nothing but pigeonholes with zero to no amenities. You might think that the patch leading to your perfect home is full of rocks and holes. But in reality, its far from true. Finding your perfect home is easy if you keep the following points in mind.

In this article, we have made a list of points that will help you find your perfect home so that you can avoid making expensive mistakes:

Know your budget

You should start the process of looking for a new home by evaluating your bank accounts, cash flow, assets and liabilities. The most common mistake made by people is that they set their eyes of a house that is beyond their budget. Yes, you can apply for home loan to cover the difference, but you also have to pay the high EMIs that come with the loan. This will throw your budget out of the window.

Know your loan amount eligibility

You can check how much loan amount you are eligible for in few simple steps using home loan calculator. Though the amount presented is only the estimate and not the final word from a financial institution. To get the proper estimate, you need to contact your bank before making any final deal.

There is a possibility that the difference between the estimate and what you get is quite significant. Even a slight difference can affect your budget. So, make sure you know the amount of loan approved by your bank before you make your final budget.

What about the other costs?

People think that, once they purchased the property, they are done with all the expenses. But that is not true, as soon you make the final payment, you have to take care of EMI, spend money on personalization and maintenance, pay utilities bills and more. Plus, you might need to buy new furniture and appliances as well.

Be open to change

Finding a home exactly like you dreamt of is next to impossible. For example, you want a big garden and big parking space. but when you visit the property, you find that the house only has parking space but no garden. The house has all other things that is perfect for your family. So, it is best to keep an open mind, otherwise you will miss out the deal if you are too picky.

Don’t get carried away

People often overspend when they move in to a new home just to personalize it. You don’t have to spend extra money if you look for a house that is already furnished. This way you will be able to save a lot of money that will help you in paying off the loan.

See-through the drama

Builders offer cosmetic changes to changes the look of the house, obviously, for extra money. These changes do make your house look more attractive, but the main question is, do all these changes are worth it?

If you survey the market, you will be able to find much cheaper stuff. So, why pay the premium cost when you can find the same thing at half the price.

Pick and choose

Keeping an open mind doesn’t mean you have to make bad decisions. If you have a big family, you need a house that has 3-4 bedrooms. You don’t want to feel cramped in your own house just because you wanted to save few dollars.

Make the list of things that you can and cannot sacrifice while looking at home.

Keep an eye out

Builders usually promises to finish work early, but that is far from truth. They take ages to complete a project. If you have made the payment for the house, make sure you contact the builder regularly and visit the property to see the progress of the project. If you sense something is not right, contact the local authorities immediately to ensure your money is safe.

If you want to buy a constructed property, make sure you conduct a proper survey. For example, if you are looking for homes for sale in centennial hills Los vegas, make sure you check single aspect before you make any payment.

Find your own agent

It is important that you hire an agent that knows all the secrets of the property you are interested in. You will have to pay a fee to the agent, but in return you will get guidance that will be true.

Author: Eernesto T Felder

Opportunity Costs (rent vs. buy)

Everything regarding the Industry of real estate is rising, especially home prices and interest rates. But the real question that you must ask yourself is that which would be better for you, to rent or buy your next property? There are different aspects that you need to put into consideration if it is better to rent or buy. One of the most important factors would be how long are you planning to stay in that specific property, how high is your credit score and income now? How about we take a look at some of the advantages and disadvantages to this very common question.

BUYING

Regardless of what you might hear, there are many benefits to home ownership. Always put into consideration that the value of your home can increase through time which makes it a proper investment regardless if you are planning to keep the property or not in the long run. To most people, having a home to yourself and not having to deal with a landlord is a blessing of its own. You can choose to renovate and change up your own house in your own way without having to think about when the contract might finish or not. The disadvantages of buying your own property is knowing enough that you are responsible for all that needs to be repaired and that is not an easy thing to keep in mind so you will be watching out for everything and being alert knowing your next fall can be costly to the property. When purchasing a house you might require a chunk for the down payment to be paid which would make it harder for you to qualify for any kind of insurance for the mortgage or even property taxes.

RENTING

Renting makes life easier and much more sense for many people. For example, you can be living alone in a nice area where the home prices are too high for your budget so it would be better off renting a one-bedroom location that is the logical choice for that person obviously not including his/her occupation and preferences.

The best advantages of renting is knowing that the repairs are not on you but rather part of the deal and knowing that it would be easy to relocate if there are any problems to arise. But the disadvantages of renting are actually more annoying than you think because it’s like you are living in someone else’s home knowing that you can’t make any long-term adjustments and at the same time you earn no return on your payments as monthly rates are rapidly increasing. Most people don’t have this knowledge but renting doesn’t help with your credit score either and knowing that the homeowner is just renting the place to others, they aren’t so motivated to make changes to the house unless it’s necessary.

To most people who have the money to afford buying a house, they know in the long run that buying their home will become an investment and that it would be cheaper to purchase the home now rather than renting and sending away rent money that you can be using elsewhere productively. But to others who cannot afford buying a house at the moment, renting to them would obviously be cheaper than purchasing anything at the moment. Just put into consideration which one might fit your lifestyle the best such as:

RENTING WOULD BE BEST IF:

  • Planning to live in the same area for less than two years
  • Planning to maintain flexibility and mobility
  • Working on repairing past credit history
  • Planning to save money for a proper down payment

BUYING WOULD BE BEST IF:

  • Planning to live in the same area for more than two years
  • Wanting to build investment equity through time
  • Looking for better ways for tax deduction
  • Having the feeling of stability

The real answer to this question of having to buy or rent is actually quite easier than you can imagine. It comes down to five questions that you need to ask yourself for making such a difficult decision which are:

  • The time that you plan to stay in the future home?
  • Do you want something to be stable or something to remain flexible?
  • What can you afford and what does your budget help with?
  • Can you currently afford to be responsible for home repairs if you plan to purchase the house?
  • What is your career path and what are your family goals?

But when it comes to rental properties you need to remember that it requires a security deposit just in case of damages and ability to assure the person renting won’t bail under any circumstances without having to pay upfront as well. Just put into consideration about the location of property as well as the location of your workspace or schools if children are involved.

Conclusion

In conclusion, try to consider all the places that you have chosen to rent in the past, For each place that you have lived, try to make a list of the things that you didn’t really enjoy about the place or the service of the landlord so that you won’t have to put up with the same issues again. Although there are some renters who actually don’t have to ask and do what they need to regardless if they are renting long-term or short-term because some people just can’t handle staying in a place and having to wait for someone else to change it for them. But when you have your own place and you are not renting, then obviously you can do what you want when you want without having to put up with anyone or dealing with anyone about your own personal matters in the household.

Author Bio

Mohamed El Zaafarany is a digital marketing consultant with interests in the travel and real estate industries who loves to connect businesses with their target audiences.

zaafarany.com

Image: Image by Nick115 from Pixabay

Property for sale and rent in egypt

Property in Turkey during the COVID-19 pandemic

In line with our recent blog post series about Real Estate Agents during the COVID-19 pandemic, we like to share this email we received from Turkey.

Hello respected everyone 

Hope you are doing well 

To everybody who is interested in buying property in turkey on investment and stay purpose, you are most welcome.

I’m personally being at this Real Estate business from my father since decades.

After the earthquake at Istanbul, the ruling government is helping the Real Estate with new projects and renewing old properties, this helps a lot.

Property in Turkey

As of the last decade it has risen really high and the law amendment from the government of spending 250000$ for becoming a Turkish really helped becoming very profitable for Real Estate Agents and the investors who wished to invest at turkey. Apart from İstanbul being very rich in culture and history, other cities also had the same situation.

Real Estate in Turkey during the COVID-19 pandemic

The recent covid19 upraising had an effect on the Real Estate a little. It affected Turkish nationals as well as foreigners who wished to invest but as we all know that was for a couple of months as of now it’s going the way it has: it is increasing day by day. Hopefully this will be good for both, Real Estate companies as well as investors.

Apart from all that, I personally thank so much the “FREEPROPERTY FAMİLY” for getting us connected through all around the world with different people and also helping us in growing our business, it helped us a lot. 

This really helped us get connected with different people too.

Really much appreciated, keep up the good work hopefully will reach many people and let us stay connected.

See all Real Estate Listings from Mohammad Saritac

Are you a Real Estate Agent too who likes to share your experience? We dedicated a space on our website for Real Estate Agents during the COVID-19 pandemic.

Image on top: Image by sulox32 from Pixabay

5 simple ways to invest in real estate

Investment is not an easy way to do with 100% surety whether you would profit. However, if you plan to invest in real estate, it could be a great way to make money with less amount. Even if you are lack money, you can simply take loans and pay them off on installments. Real estate investing is beneficial if it is being invested in the right way. Nevertheless, if you are deciding to invest in real estate for the first time, yet you are confused about where and how to invest in this business, there are plenty of ways to invest in real estate and get profited.

I would let you know about these tactics and approaches through which you can build enough money. When you start investing in real estate, it helps in expanding your investment portfolio and can be a suitable means of earning enough. Moreover, a decent investment in real estate grants you tax benefits through devaluation, which may help you increase your returns. Thus, you are requested to stay here and start your business with low investment though get high profit.

1.      Purchase a leasing property

Buying a rental property is the excellent and most common option to invest in real estate and build money. You can purchase any real estate property, residential or commercial property to lease to renters and earn the lease income every month. This way is beneficial in several manners; you have the authority to get your renters out, or you may use the property for your personal use. Anyhow, you would get a handsome amount of income every month regularly. On the other hand, where there are such benefits, owning a rental property may cause some downfalls as follow.

  • When you invest in real estate through renting properties, you may get less income from the renter.
  • Besides, obtaining a rental property can be a time-consuming task since it is difficult to find an ideal tenant.
  • When you buy your first property to lease it, it could be costly for you. Since this is your first investment, you could get further by keeping the profit once you bought your first property.

Warning!

Mortgage discrimination on the basis of race, color, sex, religion, or marital status is illegal. If you find such things happening with anyone, one can report a complaint against that person.

2.      Flip a property

Flipping property is another approach to invest in real estate. It uses the term fix and flips the house, which means that you purchase a house for your personal use and renovate it. Once you discover that the house is increasing its worth, you may sell it out at a decent rate. However, the flipping house is a task that requires much patience and endurance because it takes time to get a suitable client who would buy the renovated house in a great amount. 

Remember, in some places it is necessary to have a real estate license, even though you can get one online – click here for more information.

Nonetheless, there are a few things that you need to bear in mind while flipping a house.

  • Try not to waste your time by focusing on little details while lipping a house. In the case of a flipping house, you should consume your time watchfully and make a schedule about how much time would you give in renovating the house. Also, focus more on the selling of the house, since it is an essential part of house flipping.
  • When you buy a property for flipping, you should watch your budget out. Try to buy a less expensive house that needs fewer renovation to save your maximum money. However, when it comes to the selling of the house, you should exceed 70% of the cost of what you expect; otherwise, you would be in loss.
  • While renovating the house, you must know the market scope; what trends and styles are in. Remember, if you renovate the house in a trendy way, it will increase the worth of the house.

3.      Rent out a part of existing property

This strategy does not need much investment; you can invest your own home where you are living already. If you decide to leave your house, however, don’t want to sell it out, you can lease your whole house and get income every month. On the other hand, if you live in a house and one portion is empty, upper or lower floor, you can give that part on rent and earn every month. This approach of real estate investment can be beneficial in numerous ways.

  • You can watch your renters closely about their living styles in your home.
  • You don’t need to visit every month for rent (if you rent out a far distant house).
  • No investment for spare property is needed.

4.      Purchase REITs

If you do not want to invest in real estate traditionally, you can choose to invest in Real Estate Investment Trusts (REITs). In this approach, you only need to invest money and not be required to purchase or sell the property. When you invest in any organization, it is their concern or purchase and sale property. This corporation has to pay you 90% of the profit while avoiding paying business income tax and divide the money amongst all the investors. Nevertheless, REITs are a substantial investment for the stock market and are perfect for those who want a regular income.

Notification:

You are not applicable to invest in REITs if you are accompanying Traditional Rental Real Estate.

5.      Use real estate online platforms

You use some online real estate investment platforms to invest in this business if you are looking for a partner. It is usually used for investing in large commercial or residential properties. You can visit numerous online real estate platforms and link with the investors seeking partners for financial investment in real estate. If you find a decent partner with which u think you can associate, can contact and start a business. However, you need to pay the fee of using a certain online platform. This approach is beneficial in terrestrial divergence, and the profit would be divided according to the number of partners.

Upshot 

These were five simple ways to invest in real estate business; although, the most common and organic ways to earn a high profit are the first two. Besides, you can adopt multiple approaches to invest in real estate. Thus there is no rule to pick only one strategy; this thing would provide you higher profit. For instance, you can purchase multiple REITs and, at the same time, rent out your house for regular incomes. Anyhow, you invest in real estate through any means, there is all the profit you would get. So, initiate your real setae business and plan for a world tour.

Author: Jason Miles

Real Estate in COVID

From February till today all the World changed due to Covid.

On Real Estate, things also changed mainly in the way agencies work with customers.

Prices did not go down and market did not suffer as much as we could expect but people behaviour it is different.

All the digital marketing tools are today a must like photos, movies, drone and virtual visits.

Internet it is becoming more and more important. Being Real Estate a business from people to people, Covid it is changing this concept to digital to people.

We at SEEFIRST are exactly following this tendency and exploring all the technologies to give customers a safe service and the necessary confidence to go on with Life.

Why you should seriously consider joining the many expats choosing to live, work and retire in Portugal!

Should I move to the Algarve, Lisbon or elsewhere in Portugal.

It’s hardly surprising that many people find moving to Portugal a very attractive proposition.

With some of Europe’s most breathtakingly beautiful landscapes and glorious weather, it might be easy to dismiss Portugal as another popular holiday-hotspot but not consider it as a possible home.

Many people fail to realise just how sophisticated and culturally fine this special country is. Those that do are often people who have been thinking of moving to Portugal for some time and already know what a stunning place it is…so don’t miss out on your chance. If you’re thinking of retiring abroad or emigrating, consider Portugal as a very real option and the Algarve beaches are just the start of it!

Portugal was once a colonial empire and at its height called no less than 53 countries its own. It was one of the world’s first notable maritime powers and was home to many of our most famous explorers.

The climate is considered to be the best in Europe with hot summers and wet winters offering relief to residents as well as some excellent growing conditions for the beautiful plants and flowers which thrive even in coastal areas.

For would-be expats looking for an ideal location to move to, Portugal has it all.

It’s likely though that you’ve got a lot of questions to ask before you begin making plans to migrate to Portugal so check out our top ten reasons to move to Portugal, Lisbon and the Algarve below! They’ll put a lot of your concerns on the backburner!

 1: The best climate in Europe

2: The outstanding quality of life

3: Beautiful, affordable & spacious properties

4: Portugal’s beaches and coasts are the most stunning in Europe

5: The cost of living is undeniably low

6: Tasty, fresh local produce at affordable prices

7: One of the most family-friendly countries in Europe

8: Amazing, one-of-a-kind culture

9: The Algarve and Portugal generally is the perfect place to retire

10: The perfect base for digital nomads

SEEFIRST, PORTUGAL REAL ESTATE
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1200-791 Lisboa
www.seefirst.pt
sales@seefirst.pt

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Are you a Real Estate Agent too who likes to share your experience? We dedicated a space on our website for Real Estate Agents during the COVID-19 pandemic.