Investment Property in Rimini

Investment Real Estate in Rimini

Investment Property in Rimini
Investment Property in Rimini

Rimini 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 Rimini .

Get Our Latest List of Investment Property in Rimini

Search Map of Rimini Investment Real Estate

Rimini ( RIM-in-ee, Italian: [ˈriːmini] (About this soundlisten); Romagnol: Rémin; Latin: Ariminum) is a city in the Emilia-Romagna region of northern Italy and capital city of the Province of Rimini. It sprawls along the Adriatic Sea, on the coast between the rivers Marecchia (the ancient Ariminus) and Ausa (ancient Aprusa). It is one of the most notable seaside resorts in Europe with revenue from both internal and international tourism forming a significant portion of the city’s economy. The first bathing establishment opened in 1843. Rimini is an art city with ancient Roman and Renaissance monuments, and is also the birthplace of the famous film director Federico Fellini.

The city was founded by the Romans in 268 BC. Throughout Roman times, Rimini was a key communications link between the north and south of the peninsula. On its soil, Roman emperors erected monuments such as the Arch of Augustus and the Tiberius Bridge to mark the beginning and the end of the Decumanus of Rimini. During the Renaissance, the city benefited from the court of the House of Malatesta, which hosted artists like Leonardo da Vinci and produced works such as the Tempio Malatestiano. The main monuments in Rimini are the Tiberius Bridge and the Arch of Augustus.

In the 19th century, Rimini was one of the most active cities on the revolutionary front, hosting many of the movements seeking to achieve Italian unification. In the course of World War II, the city was the scene of numerous clashes and bombings, but also of a fierce partisan resistance that earned it the honour of a gold medal for civic valour. In recent years it has become one of the most important sites for trade fairs and conferences in Italy.

As of 31 December 2019, Rimini’s urban area was home to 151,200 people, with approximately 325,000 living in the eponymous province, making it the twenty-eighth largest city in Italy.

Get Our Latest List of Investment Property in Rimini

The financial stability of Rimini 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 Rimini

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

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

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

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

Flipping Investment Property in Rimini

Flipping property in Rimini

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

The Flipping Strategy in Rimini

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

What is distressed Rimini property:

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

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

Calculate profit that you make from Rimini investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Rimini

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

Get Our Latest List of Investment Property in Rimini

Compare listings

Compare