Where To Invest A Million If You Have A Million …
In a crisis, Permian looking for effective ways to preserve capital. One of them – invest in real estate. But the expected drop in market value of the square. m casts doubt on the efficacy and safety of investments in Russian real estate market. It makes sense to look for objects for investment in countries with more stable economic environment. Perhaps check out greg courtney for more information. One of the countries with relatively stable economies – the Czech Republic.
Low Interest Rate Mortgage lending and the relatively small initial fee can buy an apartment in Prague at very favorable terms. Interest rate on mortgage loans in the Czech Republic is 5.8%, while the initial payment does not exceed 15% of the cost apartment. Credit is given for a period of 30 years. Opportunities for commercial use of acquired real estate are very attractive to investors. Prague – the geographical center of Europe, a major tourist city with developed infrastructure. Therefore, the most interesting option – renting housing for rent: both long and short-term leisure guests for several weeks.
Profitability in the second case, in the order of 9-10%. Learn more about this with carol haskins. Thus, when cost-effectiveness of 9% from renting the apartments have the opportunity to extinguish the mortgage, plus the profit of the order of 3,2%. Given the 15% return on investment up to 20% apr. By a crisis such a proposal is particularly interesting because it provides an opportunity not only to preserve investor capital, but also increase them. It is important that the use of this proposal may even medium-sized investors.
Tags: real estate