An investment apartment is a property that is intended to be rented out, not used as a home. Recently, there has been a great interest in them, as investment properties promise rental income, and they are an ideal solution when you do not know where to invest your spare funds.
How to choose an investment apartment?
An investment apartment generates two types of income, namely regular income from short-term or long-term rentals and one-off income from the difference between the purchase and sale price of the apartment. The furnishing of the apartment and the chosen location determine whether the income from long-term or short-term rentals will flow continuously and regularly. Anyone wishing to rent an apartment is interested in the accessibility of services, shops and restaurants, and in the case of an apartment in the mountains, also the distance to ski resorts.
Our tip: When choosing an apartment to invest in, also ask about the plans for the future development of the place.
What is behind the popularity of flats for investment?
Investing in an apartment with 2+kk, 3+kk but also larger or studio apartments for rent is one of the few investments for which you can borrow, mortgages for investment apartments are also available. So you don’t have to pay the whole amount from your own resources, but maybe just a part of it and get more such properties. Another advantage is that investing in a property will protect your saved funds from inflation.