Investment Property in Saanich

Saanich 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 Saanich .

The financial stability of Saanich 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 Saanich

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

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

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

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

Flipping property in Saanich

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

The Flipping Strategy in Saanich

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

What is distressed Saanich property:

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

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

Calculate profit that you make from Saanich investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

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