When you buy a new one, you get a property at the cutting edge of modernity (low ingestion with the conventional RT 2015, thermal regulation, home automation, safety...). Contact French Riviera Property for more informations. Purchasers of new homes are therefore entitled to expect above-average comfort in terms of equipment and installation. Similarly, a new house will require few repairs: the purchase of a new house does not normally require any work completed in the apartment for about ten years. Buying new ones can sometimes seem expensive. Nevertheless, it is essential to take into account, in addition to the quality of the property, the accessible "thumb up". Investors can thus benefit from several subsidies, such as the Pinel strategy to reduce their taxes.
An investment in rental property
An investment in rental property consists of buying a few properties so that you can let them out and build a progressive portfolio. The interest of this purchase lies in its own rental sustainability, i.e. the expenses must be covered mainly, if not totally, by rental income and tax deductions. In addition, in order to be able to pay money into the rental home, you must meet several conditions regarding income, assets and debt ratio. Feel free to put the different banks in competition to locate the highest possible interest rates or use a brokerage company. You must study the profitability of your project by analysing the demand for leasing in the region, the state of construction, the various costs that will be charged to you, etc.
Buy apartments for rent
Buying apartments for rent does not require any special skills. The key to success: get involved in the operation. The more time you spend visiting houses, comparing costs, exploring rental conditions, the more income you will earn - buy what you would like to experience for yourself. In other words, focus on the places you understand best. A good location is not judged by means of an advertising booklet, which is always flattering. Neighbourhood air, municipal works, proximity to a canal, access to public transit and nearby facilities (school, stadium, etc.) are all factors to consider.