Investment Property in Obuasi

Investment Real Estate in Obuasi

Investment Property in Obuasi
Investment Property in Obuasi

Obuasi 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 Obuasi .

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Search Map of Obuasi Investment Real Estate

Obuasi is a Mining Community and town in the southern part of Obuasi Municipal of the Ashanti Region of Ghana. Obuasi is the capital of the Obuasi Municipal which lies south of Ashanti capital city Kumasi 39 miles (59.4 kilometres) away south-west of Kumasi or 1 hour 2 minutes road-drive from Obuasi to Kumasi. Obuasi has a settlement population of 175,043 people. Obuasi gold bar mining community has delicate mosaic from the Ashanti people culture of Ashanti and the semi-island exclave Ashantiland. Obuasi wears a ring of hills as its adornment and Obuasi sits quietly albeit industriously on the soil that births the top-9 single richest bullion gold bar gold mining mining|mine on Earth the Obuasi Gold Mine.

Gold Coast region was named after the vast amount of bullion gold bars found in Obuasi and Ashanti.

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The financial stability of Obuasi 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 Obuasi

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

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

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

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

Flipping Investment Property in Obuasi

Flipping property in Obuasi

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

The Flipping Strategy in Obuasi

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

What is distressed Obuasi property:

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

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

Calculate profit that you make from Obuasi investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Obuasi

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

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