Investment Property in Pescara

Investment Real Estate in Pescara

Investment Property in Pescara
Investment Property in Pescara

Pescara 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 Pescara .

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Search Map of Pescara Investment Real Estate

Pescara (Italian pronunciation: [pesˈkaːra]) Abruzzese: Pescàrë; Pescarese: Piscàrë) is the capital city of the Province of Pescara, in the Abruzzo region of Italy. It is the most populated city in Abruzzo, with 119,217 (2018) residents (and approximately 350,000 including the surrounding metropolitan area). Located on the Adriatic coast at the mouth of the Aterno-Pescara River, the present-day municipality was formed in 1927 joining the municipalities of the old Pescara fortress, the part of the city to the south of the river, and Castellamare Adriatico, the part of the city to the north of the river. The surrounding area was formed into the province of Pescara.

The main commercial street of the city is Corso Umberto I, which runs between two squares, starting from Piazza della Repubblica and reaching the seacoast in Piazza Primo Maggio. The rectangle that it forms with Corso Vittorio Emanuele II and Via Nicola Fabrizi is home of the main shopping district, enclosed in a driving restriction zone, where several of the best fashion shops are located. Corso Manthoné, the course of the old Pescara, has, for many years, been the center of the nightlife of the city. City hall and the administration of the province are in Piazza Italia, near the river, and in the area between here and the D’Annunzio University campus to the south, a business district has grown up over the years, while the Marina is situated to the immediate south of the mouth of the river. Pescara is also served by an important international airport, the Abruzzo Airport, and one of the major touristic ports of Adriatic Sea and Italy, the Port of Pescara.

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The financial stability of Pescara 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 Pescara

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

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

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

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

Flipping Investment Property in Pescara

Flipping property in Pescara

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

The Flipping Strategy in Pescara

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

What is distressed Pescara property:

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

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

Calculate profit that you make from Pescara investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Pescara

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

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