Investment Property in Aqaba

Investment Real Estate in Aqaba

Aqaba 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 Aqaba.

Get Our Latest List of Investment Property in Aqaba

Search Map of Aqaba Investment Real Estate

Aqaba (, also US: /ˈɑːk-/; Arabic: العقبة‎, romanized: al-ʿAqaba, al-ʿAgaba, pronounced [æl ˈʕæqaba, alˈʕagaba]) is the only coastal city in Jordan and the largest and most populous city on the Gulf of Aqaba. Situated in southernmost Jordan, Aqaba is the administrative centre of the Aqaba Governorate. The city had a population of 148,398 in 2015 and a land area of 375 square kilometres (144.8 sq mi). Today, Aqaba plays a major role in the development of the Jordanian economy, through the vibrant trade and tourism sectors. The Port of Aqaba also serves other countries in the region.

Aqaba’s strategic location at the northeastern tip of the Red Sea between the continents of Asia and Africa, has made its port important over the course of thousands of years.

The ancient city was called Elath, adopted in Latin as Aela and in Arabic as Ayla.
Its strategic location and proximity to copper mines made it a regional hub for copper production and trade in the Chalcolithic period.
Aela became a bishopric under Byzantine rule and later became a Latin Catholic titular see after Islamic conquest around AD 650, when it became known as Ayla; the name Aqaba is late medieval. The Great Arab Revolt’s Battle of Aqaba, depicted in the film Lawrence of Arabia, resulted in victory for Arab forces over the Ottoman defenders.

Aqaba’s location next to Wadi Rum and Petra has placed it in Jordan’s golden triangle of tourism, which strengthened the city’s location on the world map and made it one of the major tourist attractions in Jordan. The city is administered by the Aqaba Special Economic Zone Authority, which has turned Aqaba into a low-tax, duty-free city, attracting several mega projects like Ayla Oasis, Saraya Aqaba, Marsa Zayed and expansion of the Port of Aqaba. They are expected to turn the city into a major tourism hub in the region. However, industrial and commercial activities remain important, due to the strategic location of the city as the country’s only seaport.

Get Our Latest List of Investment Property in Aqaba

The financial stability of Aqaba 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 Aqaba

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

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

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

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

Flipping Investment Property in Aqaba

Flipping property in Aqaba

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

The Flipping Strategy in Aqaba

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

What is distressed Aqaba property:

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

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

Calculate profit that you make from Aqaba investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Aqaba

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.

Click Here for the Physis Realty Facebook Page

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

Featured