Investment Property in Tongi

Investment Real Estate in Tongi

Investment Property in Tongi
Investment Property in Tongi

Tongi 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 Tongi.

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Search Map of Tongi Investment Real Estate

Tongi (Bengali: টঙ্গী) is a major township in Gazipur, Bangladesh, with a population of 350,000. It hosts the Biswa Ijtema and features a BSCIC industrial area, which produces BDT 1500 crore of industrial products annually, and marks the northern border of Dhaka since 1786. Tongi Shahid Memorial School compound is mass burial site of the genocide in Liberation War of Bangladesh.

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The financial stability of Tongi 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 Tongi

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

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

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

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

Flipping Investment Property in Tongi

Flipping property in Tongi

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

The Flipping Strategy in Tongi

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

What is distressed Tongi property:

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

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

Calculate profit that you make from Tongi investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Tongi

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

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