Investment Property in Homs

Investment Real Estate in Homs

Investment Property in Homs
Investment Property in Homs

Homs 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 Homs.

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Search Map of Homs Investment Real Estate

Homs ( HOMSS, HAWMSS, HAWMZ, HUUMSS; Arabic: حِمْص‎ / ALA-LC: Ḥimṣ [ħɪmsˤ]; Levantine Arabic: حُمْص / Ḥumṣ [ħɔmsˤ]), known in pre-Islamic Syria as Emesa ( EM-ə-sə; Ancient Greek: Ἔμεσα, romanized: Émesa), is a city in western Syria and the capital of the Homs Governorate. It is 501 metres (1,644 ft) above sea level and is located 162 kilometres (101 mi) north of Damascus. Located on the Orontes River, Homs is also the central link between the interior cities and the Mediterranean coast.

Before the Syrian Civil War, Homs was a major industrial centre, and with a population of at least 652,609 people in 2004, it was the third-largest city in Syria after Aleppo to the north and the capital Damascus to the south. Its population reflects Syria’s general religious diversity, composed of Sunni and Alawite Muslims, and Christians. There are a number of historic mosques and churches in the city, and it is close to the Krak des Chevaliers castle, a World Heritage Site.

Homs did not emerge into the historical record until the 1st century BCE at the time of the Seleucids.[disputed ] It later became the capital of a kingdom ruled by the Emesene dynasty who gave the city its name.[disputed ] Originally a center of worship for the sun god El-Gabal, it later gained importance in Christianity under the Byzantines. Homs was conquered by the Muslims in the 7th century and made capital of a district that bore its current name. Throughout the Islamic era, Muslim dynasties contending for control of Syria sought after Homs due to the city’s strategic position in the area. Homs began to decline under the Ottomans and only in the 19th century did the city regain its economic importance when its cotton industry boomed. During French Mandate rule, the city became a center of insurrection and, after independence in 1946, a center of Baathist resistance to the first Syrian governments. During the Syrian civil war, much of the city was devastated due to the Siege of Homs; reconstruction to affected parts of the city is underway with major reconstruction beginning in 2018.

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The financial stability of Homs 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 Homs

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

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

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

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

Flipping Investment Property in Homs

Flipping property in Homs

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

The Flipping Strategy in Homs

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

What is distressed Homs property:

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

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

Calculate profit that you make from Homs investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Homs

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 Homs, Physis Realty caters particularly to high net-worth individuals and families in Asia. A luxury real estate investment in Homs should be entrusted to only the highest-quality agency.

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