Investment Property in Coquimbo

Coquimbo 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 Coquimbo and LATAM .

The increasing financial and political stability of Coquimbo 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 Coquimbo

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

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

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

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

Flipping property in Coquimbo

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

The Flipping Strategy in Coquimbo

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

What is distressed Coquimbo property:

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

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

Calculate profit that you make from Coquimbo investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

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