Investment Real Estate in Basra

Basra 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 Basra.
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Search Map of Basra Investment Real Estate
Basra (Arabic: ٱلْبَصْرَة‎, romanized: al-Baá¹£rah) is an Iraqi city located on the Shatt al-Arab. It had an estimated population of 1.4 million in 2018. Basra is also Iraq’s main port, although it does not have deep water access, which is handled at the port of Umm Qasr.
The city is one of the ports from which the fictional Sinbad the Sailor journeyed. It played an important role in early Islamic history and was built in 636. Basra is consistently one of the hottest cities in Iraq, with summer temperatures regularly exceeding 50 °C (122 °F). In April 2017, the Iraqi Parliament recognized Basra as Iraq’s economic capital.
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The financial stability of Basra 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 Basra
Renting out your Basra buy-to-rent investment property can grow wealth and income.
Whatever your goals with investment property in Basraare – preparation is key.
With our expert guidance, investing in Basra provides the secure knowledge that your money is working harder than it would in a local Basra 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 Basra, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Basra property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.
Flipping Investment Property in Basra
Flipping property in Basra
Flipping property is when we advise clients to buy a Basra 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 Basra market has a time to react to the renovation.
The Flipping Strategy in Basra
Investment property flipping in Basra 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 Basra real estate investments are sometimes referred to by professionals as ‘distressed’ Basra real estate.
What is distressed Basra property:
- Basra property in need of renovation
- Basra real estate with a change of puropose and use
- Oversold Basra property
- Bank repossessions in Basra
Put simply, long term investors in Basra purchase the property, renovate it and make it a lot more attractive to potential buyers.
Calculate profit that you make from Basra investment property flipping:
Final Selling Price less Cost of Purchase less Costs = Profit
Here is an example:
Basra 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 Basra use a minimum profit value of 22% when looking at potential Basra projects. The reason for this is because there are lots that can go wrong in Basra property flipping and working on a potential margin of 22% should still leave a good margin of error.
Luxury Property in Basra
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 Basra, Physis Realty caters particularly to high net-worth individuals and families in Asia. A luxury real estate investment in Basra should be entrusted to only the highest-quality agency.