Investment Property in La Serena

Investment Real Estate in La Serena

Investment Property in La Serena
Investment Property in La Serena

La Serena 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 La Serena and LATAM .

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Searchable Map of La Serena Investment Real Estate

La Serena (Spanish pronunciation: [la seˈɾena]) is a city and commune in northern Chile, capital of the Coquimbo Region. Founded in 1544, it is the country’s second oldest city after the national capital, Santiago. As of 2012, it had a communal population of roughly 200,000, and was one of the fastest-growing areas of Chile.

The city is an important tourist destination, especially during the summer, where people go to visit the beaches. It is in the headquarters of the University of La Serena and also is home to the Roman Catholic Archdiocese of La Serena, one of five Catholic Archdioceses of the Catholic Church in Chile.

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The increasing financial and political stability of La Serena 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 La Serena

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

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

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

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

Flipping Investment Property in La Serena

Flipping property in La Serena

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

The Flipping Strategy in La Serena

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

What is distressed La Serena property:

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

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

Calculate profit that you make from La Serena investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in La Serena

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

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