Investment Property in Mosul

Investment Real Estate in Mosul

Investment Property in Mosul
Investment Property in Mosul

Mosul property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Mosul.

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Search Map of Mosul Investment Real Estate

Mosul (Arabic: الموصل‎, romanized: al-Mawṣil, Kurdish: Mûsil ,مووسڵ‎, Syriac: ܡܘܨܠ‎, romanized: Māwṣil) is a major city in northern Iraq. It is the capital of Nineveh governorate and is Iraq’s second largest city. Located approximately 400 km (250 mi) north of Baghdad; Mosul stands on the Tigris river. The metropolitan area of Mosul has grown from the old city on the western side to encompass substantial areas on both the “Left Bank” (east side) and the “Right Bank” (west side), as the two banks are described by the locals compared to the flow direction of Tigris. Mosul encloses the ruins of the ancient Assyrian city of Nineveh on its east side.

At the start of the 21st century, Mosul and its surroundings had an ethnically and religiously diverse population; the majority of Mosul’s population were Arabs, with Assyrians, Armenians, Turkmens, Kurds, Yazidis, Shabakis, Mandaeans, Kawliya, Circassians in addition to other, smaller ethnic minorities. In religious terms, mainstream Sunni Islam was the largest religion, but with a significant number of followers of the Salafi movement and Christianity (the latter followed by the Assyrians and Armenians), as well as Shia Islam, Sufism, Yazidism, Shabakism, Yarsanism and Mandaeism.

Mosul’s population grew rapidly around the turn of the millennium and by 2004, the city’s population was estimated to be 1,846,500. In 2014, the Islamic State of Iraq and the Levant seized control of the city. The Iraqi government recaptured it in the Battle of Mosul three years later, during which the city sustained heavy damage.

Historically, important products of the area include Mosul marble and oil. The city of Mosul is home to the University of Mosul and its renowned Medical College, which together was one of the largest educational and research centers in Iraq and the Middle East.

Mosul, together with the nearby Nineveh plains, is one of the historic centers of the Assyrian people and their churches; the Chaldean Catholic Church, the Syriac Orthodox Church, and the Assyrian Church of the East, containing the tombs of several Old Testament prophets such as Jonah, some of which were destroyed by ISIL in July 2014.

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The financial stability of Mosul has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Mosul

Renting out your Mosul buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Mosulare – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Mosul and be prepared to change your initial outlook.
  • Thoroughly research the Mosul location with a special emphasis on fringe areas outside the main Mosul metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Mosul.
  • Ensure that your target investment property in Mosul appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Mosul properties yourself is an easy option, but are these savings justifiable when you run into Mosul red tape? Physis Realty Mosul office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Mosul buy-to-rent sector.

With our expert guidance, investing in Mosul provides the secure knowledge that your money is working harder than it would in a local Mosul bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Mosul, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Mosul property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Mosul

Flipping property in Mosul

Flipping property is when we advise clients to buy a Mosul property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Mosul market has a time to react to the renovation.

The Flipping Strategy in Mosul

Investment property flipping in Mosul is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Mosul real estate investments are sometimes referred to by professionals as ‘distressed’ Mosul real estate.

What is distressed Mosul property:

  • Mosul property in need of renovation
  • Mosul real estate with a change of puropose and use
  • Oversold Mosul property
  • Bank repossessions in Mosul

Put simply, long term investors in Mosul purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Mosul investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Mosul property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Mosul use a minimum profit value of 22% when looking at potential Mosul projects. The reason for this is because there are lots that can go wrong in Mosul property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Mosul

For luxury property investors hoping to add a superb property in {AsainCity} to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Mosul, Physis Realty caters particularly to high net-worth individuals and families in Asia. A luxury real estate investment in Mosul should be entrusted to only the highest-quality agency.

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