Investment Property in Urgench

Investment Real Estate in Urgench

Urgench 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 Urgench.

Get Our Latest List of Investment Property in Urgench

Search Map of Urgench Investment Real Estate

Urgench (Uzbek: Urganch, Ургeнч, ئۇرگەنج‎; Persian: گرگانج‎, Gorgånch/Gorgānč/Gorgânc/Gurganj) is a city in western Uzbekistan. The population of Urgench on April 24, 2014 was approximately 150,110, an increase from 139,100 in 1999. It is the capital of the Khorezm Region, on the Amu Darya River and the Shavat canal. The city is situated 450 km (280 mi) west of Bukhara across the Kyzylkum Desert.

The history of the city goes back to the second half of the 19th century. The city should not be confused with the similarly-named city of Konye-Urgench (also known as “Old Urgench” or “Gurgench”) in Turkmenistan. The city of Old Urgench was left after the Amu Darya river changed its course in the 16th century, leaving the old town high and dry and without water. New Urgench was founded by Russians in the second half of the 19th century at the site of a little trade station of the Khanate of Khiva.

Modern Urgench is a Soviet-style city with cotton motifs adorning many objects, from street lights to apartment houses. Of note is a monument to the twenty Komsomol members killed by Tekke basmachi on the banks of the Syr Darya in 1922, and a large statue to Muhammad al-Khwarizmi, the 9th century local mathematician who revolutionised algebra, outside the Hotel Urgench. A flat, drab place, Urgench is the main gateway for tourists to Khiva 35 kilometres (22 mi) to the southeast, whose old city, known as Itchan Kala, is a UNESCO World Heritage Site.

The Polish singer Anna German was born in Urgench in 1936.

Get Our Latest List of Investment Property in Urgench

The financial stability of Urgench 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 Urgench

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

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

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

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

Flipping Investment Property in Urgench

Flipping property in Urgench

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

The Flipping Strategy in Urgench

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

What is distressed Urgench property:

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

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

Calculate profit that you make from Urgench investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

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

Luxury Property in Urgench

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.

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

Featured