Investment Property in Serekunda

Investment Real Estate in Serekunda

Investment Property in Serekunda
Investment Property in Serekunda

Serekunda 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 Serekunda .

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Search Map of Serekunda Investment Real Estate

Serekunda (proper: Sayerr Kunda or Sere Kunda, Arabic: سيريكوندا‎, sometimes spelled Serrekunda) is the largest urban centre in The Gambia. It is situated close to the Atlantic coast, 13 km (8 mi) south-west of the capital, Banjul, and is formed of nine villages which have grown together into a larger urban area.

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The financial stability of Serekunda 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 Serekunda

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

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

  • Set goals based on how much rental yield will be required and the local rental yield rates in Serekunda and be prepared to change your initial outlook.
  • Thoroughly research the Serekunda location with a special emphasis on fringe areas outside the main Serekunda metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Serekunda.
  • Ensure that your target investment property in Serekunda 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 Serekunda properties yourself is an easy option, but are these savings justifiable when you run into Serekunda red tape? Physis Realty Serekunda office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Serekunda buy-to-rent sector.

With our expert guidance, investing in Serekunda provides the secure knowledge that your money is working harder than it would in a local Serekunda 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 Serekunda, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Serekunda property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Serekunda

Flipping property in Serekunda

Flipping property is when we advise clients to buy a Serekunda 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 Serekunda market has a time to react to the renovation.

The Flipping Strategy in Serekunda

Investment property flipping in Serekunda 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 Serekunda real estate investments are sometimes referred to by professionals as ‘distressed’ Serekunda real estate.

What is distressed Serekunda property:

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

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

Calculate profit that you make from Serekunda investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Serekunda

For luxury property investors hoping to add a superb property in Serekunda 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 Serekunda, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Serekunda should be entrusted to only the highest-quality agency.

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